Oil Caps Longest Run of Losses Since 2019 on Fed Tapering Signal - Bloomberg

Oil Caps Longest Run of Losses Since 2019 on Fed Tapering Signal - Bloomberg

PRICES:
WTI for September delivery, which expires Friday, fell $1.37 to settle at $62.32 a barrel in New York. Prices are in the longest losing streak since October 2019. Brent for October settlement declined $1.27 to end session at $65.18 a barrel. Brent is down for a seventh day, its longest run of losses since February 2018.