WTI Crude Oil Futures (June Future)
Yesterday’s Settlement: 59.09, up +1.96 [+3.43%]
WTI Crude Oil futures rallied yesterday based upon the bullish catalyst backdrop we outlined yesterday. Tightened Russian sanctions are starting to happen, with the EU hitting the Dubai based trading arm of Lukoil this morning. With the US-Ukraine “minerals” deal signed, Russia is now in a tough spot.
