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Where Independent Traders, Investors, and Dribblers Thrive
WTI crude oil futures settled $67.12, down $3.05 or -4.35%
Range: CL_F $66.80 to $70.33
Low from March 24 at $66.83 held thus far.
Low from May 4 was $63.64.
OPEC+ has said they have cut 3Mbbls or so since apparently.
Been a tough bounce but WTI got to bask in some $ES_F euphoria:
– Crude Oil Futures Rallied strongly to settle
$CL_F $70.62 up $2.35 +3.43%
– Unleaded #Gasoline Futures settled $2.6417
2.6368 +0.0871 +3.33%
WTI crude oil futures settled the week near their highs at USD 71.78/bbl having recovered from sell offs from speculator length trapped after the late
[See the full post at: Around The Barrel – Crude Oil and Gasoline Traders Outlook for The Week Ahead]
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