A rollercoaster day saw WTI ramped to $40, fail and fade back to close red on the day (but ends more than 90% higher for the quarter, but still down nearly 36% year to date). "As we move into the second half of the year, the energy rebound is showing signs of stalling, however, as traders assess the threat of the recent resurgence in COVID-19 cases and the looming possibility of more economic shutdowns in the back half of the year," said Tyler Richey, co-editor at Sevens Report Research. . API • Crude -8.156mm (-2.7mm exp) • Cushing +164k • Gasoline -2.459mm (-2.7mm exp) • Distillates +2.638 (+900k exp) After two ... (full story)