posted by
ooogleemooglee
1854 days ago
in Oil
made popular 1854 days ago
The contract that roared. The March crude oil went out like the proverbial lion soaring to yet another record close soaring to a stunning $100.74 dollars a barrel close. March shorts got squeezed if you please and had to cover before contract expiration. Oil was impressive and closed strong across the curve yet the now lead month - April - contract seemed almost reluctant to close higher. In fact the market was just a tick away from a key reversal to closing even on the day. Oh sure, a key