Crude Oil Prices Turn Negative as Pipeline Disruption Effect Wanes By Investing.com – Investing.com

  • Date: 10-May-2021
  • Source: Investing.com
  • Sector:Oil & Gas
  • Country:Gulf
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Crude Oil Prices Turn Negative as Pipeline Disruption Effect Wanes By Investing.com – Investing.com

By Geoffrey Smith 

Investing.com -- Crude oil prices slipped on Monday, as the boost from a cyberattack that knocked a big U.S. fuel pipeline offline faded.

The steam appeared to go out of risk assets in general on a day when the markets are still trying to make sense of a U.S. employment report that was starkly at odds with a range of anecdotal evidence suggesting a strong recovery in the world’s largest economy.