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U.S. And European Crude Oil Futures Fell Back

U.S. and European crude oil futures fell last week from a record high of more than three years, and WTI ended a week of gains, fearing that U.S. shale oil would continue to grow and traders took profits.On Monday (April 16), the New York mercantile exchange west Texas light oil futures settled at $66.22 a barrel in May 2018, the previous trading day down $1.17, or 1.7%, trading range $66.13 - $67.74;Brent crude, the London exchange, settled at $71.42 a barrel in June 2018, down $1.16, or 1.6 percent, from the previous session, trading at $71.11- $72.85.

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