Key Facts
USO tracked WTI crude down 5.19% closing at US$115.78 as a broad commodity sell-off gathered pace, flagged by the Invesco DB Commodity Index Tracking Fund.
Petrobras shares dropped 1.78% finishing at US$18.72, as global benchmark weakness outweighed the fundamental support from Brazil’s pre-salt production machine.
Argentina’s YPF fell a steeper 2.78% to US$49.64, reflecting how rapidly Vaca Muerta shale economics can sour when benchmark crude turns south.
Colombia’s Ecopetrol declined 1.75% to US$16.31, moving almost in lockstep with Petrobras as the regional sell-off spared no state-controlled producer.
