Impact of SPR releases on WTI futures?
asked by u/wkim · 1d · 0 answers
Hey folks, still finding my feet with energy markets. I've been watching the SPR releases and, intuitively, it feels like it should put more downward pressure on WTI futures, right? But then I see spikes sometimes, or it just seems to get eaten up without much fuss. Am I missing a key dynamic here, perhaps around the types of crude released or market anticipation? How do you seasoned pros typically factor SPR releases into your WTI analysis?