Crude Oil WTI Futures - Feb 22 (TG2)

83.92
-0.36(-0.43%)
  • Prev. Close:
    84.28
  • Bid/Ask:
    83.88/83.96
  • Day's Range:
    83.68 - 84.09
  • Type:Commodity
  • Group:Energy
  • Unit:1 Barrel

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  • vaccine news driving oil,stocks without confirming vaccine real efficiency after surpasses of critical barrier of delivery+cost+availability.when so called NORMAL future becomes questionable then market will waterfall.till then gold would be under pressure due to expiry month+high equity market+thanksgivining and Christmas celebration.
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    • Vaccine news was already priced in before yesterdays rise. This move is due to Biden transition now acknowledged by Trump. Wall street prefers certainty and stability. Risk off,, WTI is following indices
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    •  I agree Mark, this has defiantly moved the markets
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