The oil market ended up the day on a dull note

[gnutrade.satya]

The oil market ended up the day on a dull note when data showed that the US consumer confidence plunged to its lowest level in five months, prompting investors to sell off riskier assets including oil and equities.
Addison Armstrong of Tradition Energy in Stamford, Connecticut said: "Oil fell "on a technical reaction to not being able to hold near $80 a barrel. We turned lower this morning on the bad consumer confidence number, which also hit equities."
A barrel of crude oil for September delivery settled at $78.90.