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Friday, February 10, 2023

Big Story: Russia -- February 10, 2023

WTI: moving higher; could we see an 8-handle next week?

  • CVX: up $2.38; up $1.68; biggest winner on the Dow for the week;
  • COP: up $3.79; up 3.45%;
  • PSX: up $2.68; up 2.62%;
  • MPC: up $3.39; up 2.81%
  • ENB: up 58 cents; up 1.48%

Big story today: Russia announces an immediate 500,000-bopd cut in production.

From yesterday

Russia has lost the energy war: link here.

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