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WTI crude touches above $94, then settles just below in biggest gain since March

Goldman Sachs oil bull Jeff Curie is retiring after 27 years this week and what a sendoff the latest price action is in crude. He predicted higher oil prices all year and they have certainly arrived with crude today touching $94.17. Brent rose as high as $97.06.Prompt spreads (CL1 vs CL2) have been widening rapidly, including +90-cents today and that highlights how crude is flowing out of storage. If that wasn't enough, risk assets throughout the world are getting beaten up this month and crude... Read More

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Crude

Touches

Above

94 Then

Settles

Just

Below

Biggest

Forex

Posted: Sep 27 2023, 18:42

Author Name: forexlive

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