Crude Collapses Almost 10% From Post-SNB Highs, Erases Yesterday’s OPEX Ramp

by Tyler Durden
ZeroHedge.com
01/15/2015

Well that escalated quickly. It appears those hoping for ‘stability’ are once again seeing any strength immediately sold into… Having smashed higher yesterday into the OPEX/close and then again this morning (breaking above $51 post-SNB), WTI Crude has collapsed back to $46.50… the scene of the crime for yesterday’s “spoof”-ramp manipulation.

The Rest…HERE

This entry was posted on Thursday, January 15th, 2015 at 3:11 pm and is filed under Economics, Oil. You can follow any responses to this entry through the RSS 2.0 feed.