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With oil prices exploding higher yesterday, we take a look at how WTI has performed following similar spikes of volatility. By yesterday’s close, WTI futures enjoyed their 5th most bullish session according to Reuters data going back to December ...
Oil prices rallied gapped higher an astonishing 12% at market open, after around 5% of global oil supply was removed following a drone strike on a Saudi Arabian oil facility over the weekend. Oil stocks also surged and safe-haven demand for gold saw ...