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Crude Oil WTI Futures - Jun 24 (CLM4)

Real-time derived
Currency in USD
Disclaimer
84.06
+0.49(+0.59%)
Real-time Data

Crude Oil WTI Futures Discussion Forum

guys bit of advice, the covid news is gonna make the price plummet, beware
it plummeted over $10 before finding any sign of support... this is pricing in a winter 2x as bad as last (when there was no vaccines, talk of Lockdowns, no public gatherings or mixing households etc...) I think the US who were non participants may see a reversal and buy this low price. an indication will be how Asia open and London continue - if they show caution to taking this lower then it'd be safe to say they fear the backlash of the US pulling this up $4 to cmp and possibly more. that could be purely for position but if you are expecting another $10 to be wiped off the price with no pullback, I don't see it unless there is a wider travel ban and more Lockdowns introduced aside from Austria. there is liquidity on $62 but I will wait for a reaction to $72 area before contemplating that area personally
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