After Announcement, WTI Jumps $2.15/Bbl -- June 22, 2018

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Title : After Announcement, WTI Jumps $2.15/Bbl -- June 22, 2018
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After Announcement, WTI Jumps $2.15/Bbl -- June 22, 2018

Oil output increasing. It's official. OPEC-non-OPEC (Russia) agree to increase production. No link; story everywhere. But look at this, WTI immediately after announcement -- 


Also, note that the US has asked Japan to stop importing Iranian oil. Yesterday, Iran accused the US of interfering with global oil trade.

That $2.15/bbl jump in the price of WTI is very, very interesting.


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