On Tuesday, crude oil lost 1.39% as concerns over a slowdown in China and rising U.S. stockpiles weighed on the price. Because of these circumstances, light crude declined below the psychological barrier of $100 per barrel for the first time since mid-February.

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On Monday, crude oil lost 1.69% as weaker-than-expected Chinese economic data (released over the weekend) weighed on the price. In this way, light crude declined below $101 per barrel and approached the December high.

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On Friday, crude oil gained 0.69% as stronger-than-expected U.S. employment data weighted on the price. Thanks to these news, light crude erased 50% of the recent decline and closed the day above $102 per barrel.

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On Thursday, crude oil gained 0.97% as solid U.S. jobless claims data weighted on the price. In this way, light crude rose for the first time in three days and erased 38.2% of the recent decline, finishing the day slightly below $102 per barrel.

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On Wednesday, crude oil lost 2.27% as tensions cooled in Ukraine and U.S. supply data missed investors’ expectations. Because of these circumstances, light crude erased all its gains from Monday's jump and dropped below $101 per barrel.

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