# Crude oil breaks longest win streak in 4 years, but charts suggest more gains

> Crude oil ended its longest weekly win streak in four years after falling about 5% for the week, its first negative week in eight. The sell-off accelerated after Trump called on OPEC to lower prices, and analysts disagreed on whether the uptrend remains intact.

- Date: 2019-04-27 · published 2019-04-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/8096-crude-oil-breaks-longest-win-streak-in-4-years-but-charts-suggest-more-gains
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The commentary describes routine price action following a policy-driven drop, so it adds little new supply or demand information beyond the OPEC pressure already priced in.

## Read by commodity

- WTI: bearish ▼

## Sources

- cnbc.com: https://www.cnbc.com/2019/04/27/crude-oil-breaks-longest-win-streak-in-4-years-but-charts-suggest-more-gains.html

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