United States S&P Global Services PMI came in at 53.6, below expectations (53.7) in April

May 3, 2023

United States S&P Global Composite PMI below forecasts (53.5) in April: Actual (53.4)

WTI flirts with 6-week lows in the sub-$70.00 zone

Prices of the West Texas Intermediate (WTI) extended its sell-off to levels last seen back in late March, dropping below the key $70.00 mark per barre