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Thursday, March 28, 2024

WTI Crude Soars Back To Overnight Highs

Courtesy of ZeroHedge View original post here.

Just when you thought it wasn’t as bad the headlines made it out to be, WTI crude futures have ramped all the way back to take out the kneejerk highs from Sunday night’s open…

WTI is up over 15% and we noted that the term structure for Brent has adjusted higher all the way out to 2024…

Source: Bloomberg

And while energy stocks are pushing back towards their highs, briad US indices are fading since Europe closed…

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