Updates
Later, 2:57 p.m. CT: WTI up 4.41%; up $2.38/bbls; trading at $56.32.
Later, 10:52 a.m. CT: WTI now up 4.15%; up $2.24/bbl; trading at $56.18. Hard to believe it has anything to do with Hurricane Dorian. No stories yet over at oilprice.
Later, 9:30 a.m. CT: WTI now up 3.43% today; up $.185/bbl; trading at $55.79. Oilprice still with no story why WTI is surging.
Original Post
Big energy story from yesterday. Just happened to catch it. Haven't seen it yet anywhere on the net (without googling). I'm going to wait an hour or so, and then if the story doesn't pop up I'll google it.
Even oilprice doesn't have the story yet.
If the story is bogus, I will delete this post.
Date-time stamp: 9:05 a.m., September 4, 2019.
Some say the story is the reason that WTI spiked today, up 3.2% today, and gasoline jumped 25 cents/gallon in north Texas overnight. I don't buy that -- that WTI spiked because of "this" news, but we'll see.
