Crude oil has jumped 13% from the low on Wednesday. The latest move lower was courtesy of momentum selling and "drowning in oil" comments from the IEA. Yesterday ECB's Draghi and benign US inventory...
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/crude-oil-has-jumped-13-from-the-low-on-wednesday-the-latest-move-lower-was-courtesy-of-momentum-s-6939092?utm_medium=tf4-feed&utm_source=extract
Squawk: Crude oil has jumped 13% from the low on Wednesday....
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