Interesting Flexionic Move

日期:2014/07/25

Interesting flexionic move of crude from 101 to 101.40 in minute puts before announcement of Russian sanctions on oil tech. ["EU Expected To Add More Names, Entities To Ukraine Sanctions List"].

Anatolyi Veltman adds:

Yes. And of course the jump was mainly on the Brent contract; WTI suffered greatly on spread basis.

Also note that US unleaded gasoline has lagged behind the oil advances of this month very significantly.