Crude limped into 2019 languishing deep in a bear market, barely above the 16-month and 18-month lows plumbed by Brent and WTI on Christmas eve. The four-year peaks notched on October 3, at $86.29 for Brent and $76.41 for WTI, were quickly erased in the weeks that followed, as a surge in fear over a global economic slowdown prompted a sustained sell-off in risky assets, including oil.
All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
