Tuesday, June 2, 2015

Oil: One Possible WTI Scenario

With OPEC meeting on Friday things could get explosive. NYMEX July's currently $61.32 up $1.12 and just off the daily high of $61.58.
The recent daily top ticks were:

May 6   $63.62
May 13 $62.75
May 18 $61.71

From SaxoBank's Trading Floor blog:

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