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  • S&P/TSX

    21,758.87
    +102.82 (+0.47%)
     
  • S&P 500

    5,039.98
    +17.77 (+0.35%)
     
  • DOW

    37,901.60
    +148.29 (+0.39%)
     
  • CAD/USD

    0.7269
    +0.0005 (+0.07%)
     
  • CRUDE OIL

    83.11
    +0.42 (+0.51%)
     
  • Bitcoin CAD

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    +4,061.17 (+4.86%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,399.10
    +10.70 (+0.45%)
     
  • RUSSELL 2000

    1,965.08
    +17.14 (+0.88%)
     
  • 10-Yr Bond

    4.6410
    +0.0560 (+1.22%)
     
  • NASDAQ

    15,736.64
    +53.27 (+0.34%)
     
  • VOLATILITY

    17.47
    -0.74 (-4.07%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • NIKKEI 225

    38,079.70
    +117.90 (+0.31%)
     
  • CAD/EUR

    0.6818
    +0.0016 (+0.24%)
     

Why traders are really bearish on oil

After bouncing back last week, oil prices took a steep dip on Monday. And there may be more downside ahead.