Tuesday, March 3, 2026

WTI: Shortly Before Market Open -- CVX -- LNG -- Proxies For The War -- March 3, 2026

Locator: 50114WTI.

Oil prices surge: link here

WTI is a great proxy for "how the war is going."

Earlier this morning:

WTI: up 8% overnight; up $5.54 overnight; trading at $76.77;

Now, 7:20 a.m. CT: 

Up 6.11% (better than the 8% earlier); up $4.35; trading at $75. 58. 

 
Stunning