WTI levels remain intact
$WTI Crude Oil - main 2308(CLmain)$ $Micro WTI Crude Oil - main 2308(MCLmain)$ $E-mini Crude Oil - main 2308(QMmain)$
WTI levels remain intact. Bulls need a clear break above the $74 area to set up the next move higher towards $80ish.
Gasoline 2.935m
Distillates -0.301m
Cushing 0.05m
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How is it a demand problem when cracks are as strong as ever with below $70 WTI? Yeah, crude time spreads look weak but to me, that has more to do with short-term oversupply than anything else.
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