HomeMarket NewsCrude oil prices decline, but Goldman Sachs predicts a short-term setback

Crude oil prices decline, but Goldman Sachs predicts a short-term setback

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Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

Crude oil futures continued their downward trend on Thursday, reaching their lowest prices since August. This decline comes after a recent spike in U.S. gasoline inventories led to the largest one-day selloff of the year.

The front-month Nymex crude (CL1:COM) for November deliveryCO1:COM

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