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Latest news

Less supply, more demand… WSJ

David Hodari, Wall Street Journal, explains the oil rally, here... ““We didn’t see tank tops at Cushing. Instead we’ve seen phenomenal levels of

WTI implied vol update…

For perspective, here is my long term chart of implied volatility for WTI options (based on at the money, second nearby options)…  No new normal, no

One month later…

What a difference a month makes... Here is a chart from Barchart.com showing the June/July WTI spread: