Today’s Chart of the Day was shared on Twitter by John Kicklighter (@JohnKicklighter). It’s a daily chart of Crude Oil futures over the past 12-months. The chart emphasizes the roller coaster ride that the commodity has been on recently. Last Monday, Crude Oil had its largest single-day percentage gain in over two decades. Price gapped […]
Crude Oil Surges
WTI Crude Oil rallied over 14% today to close at $62.88 per barrel. This marks the largest single-day percentage gain for the commodity since June of 1998. On Friday we ran a Twitter poll asking which level WTI Crude Oil will hit first, $50 or $60. While 54% of respondents said $60, I don’t think […]