RE:WtiToo many variables...how does US retaliate...how does Russia retaliate to the US retaliation...full sanctions? Swift? Energy? SPR?
Who knows....but one thing is for sure...all those bears shorting oil got caught badly tonight.
Lots of margin calls I expect very shortly if not already.
masfortuna wrote: Just passed $96 (up 5%)but the market is down in after hours 750 points. So it will be a general bloodbath tomorrow, BUT with oil up large, oil companies may actually avoid the worst and eke ou a small gain. Opinions/Comments?