Record Saudi output; multiple nations proclaiming no output freeze; US production up most in 15 months; rig counts rising...global gdp growth plunging, China demand tumbling... Brent near $50 and WTI soaring to 6-week highs...
Sept 2016 contract continues to soar as the roll hits...
As the short squeeze continues...
As the USDollar slides.
Comments
Log in or sign up to join the conversation.