Crude Oil

https://www.spglobal.com/platts/en/...eap-benefits-of-strong-diesel-margins-in-2019

 

I am still tempted on a long RB/HO now as it is record high and seasonals are on our side, but the fundamental picture doesn't support it.

 

This is a great thread

 

CL is choppy today on the intraday charts. Maybe because contract expiration last friday.

 

Trading in futures at CME halts at 12pm CST due to the US Holiday. US Equity markets are closed.

 

Ohhhhhh mannnn, uuuughhhhhh I wonder why this market is moving slow today. Something told me exit this trade.

 

That would be most prudent.

 

There's a bit of strength on the dated expiries versus the prompt months today. Slow otherwise.

 

Ugggghhhhhh Crude oil is really getting on my last damn nerves today.