Oil prices have been on a wild ride lately, like trying to read a map. Brent at 103.54, WTI at 96.60, and the spread is clearly laid out on the table.
The fire at the Novorossiysk oil port, the situation in the Strait of Hormuz, and the uncertainty around US-Iran talks are all baked into the risk premium. ICE/OKX has moved the Brent/WTI perpetual futures onto the crypto exchange, making energy trading feel more like a 24/7 sentiment game.
#Chatting about traditional finance at Binance Square
#原油 #WTI
The fire at the Novorossiysk oil port, the situation in the Strait of Hormuz, and the uncertainty around US-Iran talks are all baked into the risk premium. ICE/OKX has moved the Brent/WTI perpetual futures onto the crypto exchange, making energy trading feel more like a 24/7 sentiment game.
#Chatting about traditional finance at Binance Square
#原油 #WTI