# U.S. oil falls by the most in about 7 weeks as crude follows equities south - MarketWatch

> US crude fell about 3% to $63.01 a barrel on April 2, its sharpest one-day drop since early February. The decline followed a surprise build in Cushing, Oklahoma stockpiles and intensifying trade-war fears that raised concerns about crude demand.

- Date: 2018-04-02 · published 2018-04-02T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/10848-u-s-oil-falls-by-the-most-in-about-7-weeks-as-crude-follows-equities-south
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A surprise Cushing stock build signals ample near-term US supply, while trade-war worries cut demand expectations, pressuring crude and energy-linked feed input costs.

## Read by commodity

- WTI: bearish ▼

## Sources

- marketwatch.com: https://www.marketwatch.com/story/oil-futures-slip-as-investors-focus-on-short-term-demand-drivers-2018-04-02

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.