# Crude oil prices appear headed lower after post-Christmas rally - UPI.com

> Crude oil rebounded on December 26 after the Christmas Eve selloff, with WTI up 8.7 percent to $46.22 and Brent up 7.9 percent to $54.76. Prices slipped again the next morning as analysts expected oversupply concerns to keep the outlook gloomy.

- Date: 2018-12-27 · published 2018-12-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61729-crude-oil-prices-appear-headed-lower-after-post-christmas-rally-upi-com
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Crude remains volatile and well below earlier peaks, which keeps energy-linked input costs and biofuel economics under pressure. The short rally did not change the bearish oversupply narrative for feed-related markets.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- upi.com: https://www.upi.com/Energy-News/2018/12/27/Crude-oil-prices-appear-headed-lower-after-post-Christmas-rally/6491545916210/

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