-6 pts84% → 79%
Will WTI Crude Oil (WTI) hit (HIGH) $120 in April?
The Implied
What the odds are telling us, before the headlines catch up.
Before the headlines, the odds already knew.
Every significant market move, explained. Daily digest at 7am ET. Free.
Today’s Moves
30% → 35%
The increased probability appears likely driven by record-high spot premiums for U.S. West Texas Intermediate crude. This surge is attributed to intense competition between Asian and European refiners seeking supply to replace Middle Eastern oil flows disrupted by the Iran war (Source [1]).
What the odds are telling us, in your inbox every morning at 7am ET.