WTI $61.56— noon Monday
A week ago, it seemed like smooth sailing for the oil bulls. But on Thursday, unexpectedly, they hit a rocky road….and we’re not talking about ice cream either. A strengthening dollar, rising interest rates, variants of the virus and renewed lockdowns put up a big time stop sign => although not much has really changed in the fundamental picture. It was an excuse for speculators to grab the ball…
