Tag: Jericho Oil
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![Fortunes won and lost in Oil’s recent volatility]()
Fortunes won and lost in Oil’s recent volatility
NYMEX (WTI) Light Sweet Crude Oil is the world’s most liquid and actively traded crude oil futures contract. If you think you know oil, and you fancy yourself a nimble trader (and are looking for some pick-your-jaw-off-the-floor price action), the “Texas light sweet” WTI contract—ticker symbol CL—is the most efficient way to trade this madhouse…
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![Drone attacks, price gaps, and Jericho Oil (JCO.V)]()
Drone attacks, price gaps, and Jericho Oil (JCO.V)
Pre-dawn drone attacks on two major Saudi Arabian oil facilities over the weekend sent shock waves across the planet. These weaponized drones hit their mark with savage accuracy, lighting up the gated processing community of Abqaiq, ratcheting up tensions in a region already considered volatile. “One official said there were 19 points of impact on…
