Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / OILX - Why WTI Crude Is Crashing So Much Today


OILX - Why WTI Crude Is Crashing So Much Today

Brother, can you hold a few of these for me?

This will be a short and simple article. Yet it might be helpful in understanding some of the crude market’s dynamics.

As I write this, May (front-month) WTIC (Western Texas Intermediate Crude) crude oil futures are crashing 37% to $11.50/barrel. At the same time, Brent Crude futures are dropping hard, yes, but still hover around $26/barrel. This is a massive differential. Indeed, that isn’t the only massive differential we can see today. Even though WTIC crude for June (the next futures expiration) is also falling

Read more ...

Stock Information

Company Name: UBS AG London Branch ZC SP ETRACS REDEEM 22/02/2046 USD 25 - Ser B
Stock Symbol: OILX
Market: NYSE

Menu

OILX OILX Quote OILX Short OILX News OILX Articles OILX Message Board
Get OILX Alerts

News, Short Squeeze, Breakout and More Instantly...