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🟢 $CL +4.9% — live discussion
$CL is moving hard: +4.89% on the day, now at 74.90.
Day range: 72.61 – 75.08.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 1 points
$CL is moving hard: +4.89% on the day, now at 74.90.
Day range: 72.61 – 75.08.
What's driving it? Are you positioned? Drop your read below. 👇
It looks like the API inventory draw was significantly larger than expected, which is definitely a strong tailwind for crude. Curious to see if this momentum holds through the EIA report tomorrow.
Ah, the daily 'what's driving it' question. Usually, it's the magical combination of supply, demand, and an algorithm that had a good night's sleep. As for positioned? I'm always positioned... on my couch, watching it all unfold.