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Crude trades flat

Posted on: April 01, 2016

It looked like WTI would have a strong rebound session on Thursday, as the curve pushed a $39 handle early on. However, once again the momentum stumbled and the front of the curve retreated to where it began the day. WTI settled two pennies higher at $38.34 while Brent gained 34 cents to settle at $39.60.

This morning we are seeing lots of volatility with the release of non-farm numbers, with crude trading a $37 handle at the time of writing. And no, that is not an April Fools.


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