Price of oil plunges, Dow surges in worldwide rally following a ceasefire with Iran
Futures reacted first, but the broader oil complex is not fully buying in yet, so this still looks more like a fast headline move than a fully confirm… Track the full Wednesday setup in beta
Source post
Price of oil plunges, Dow surges in worldwide rally following a ceasefire with Iran WTI same-session -0.6% | $96.01 Brent same-session +1.6% | $96.22
Follow-up context
Futures reacted first, but the broader oil complex is not fully buying in yet, so this still looks more like a fast headline move than a fully confirm… Track the full Wednesday setup in beta
More notes in the system
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Brent -2.2% so far today.
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