Recently, the Oil Market has experienced a Black Swan Moment: collapsing demand, contango issues, storage scarcity, technical forced sellers, ETF dislocation ($USO)… All of this translated into this infamous move with negative pricess. To be perfectly clear, it was mainly driven by technical factors on contract expiring and forced sellers as storage was […]
WTI
Before the open
Like I did last week before the open on Friday the 13th of March, let me share price actions we had recently. On the week, the S&P 500 is down -15%. Let see how the market might reset after the OpEx (Option Expiry) for delta, gamma… and react to the several announcements made by Central […]