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Oil hits seven-week low but price plunge may be too bearish, Commerzbank says

October 29, 2024
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Oct. 29, 2024 7:15 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMLNG, UCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA Information Editor
Oil hits seven-week low but price plunge may be too bearish, Commerzbank says

SlavkoSereda/iStock through Getty Photographs

Crude oil futures ticked down Tuesday to settle at their lowest in seven weeks, a day after shedding greater than 6%, following reviews that Israeli Prime Minister Netanyahu will maintain a gathering to debate a potential diplomatic resolution to the combating

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