Oil has topped $70 a barrel as economies reopen, with optimism growing in the options market that prices might head even higher.
Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions.
View more reports from Blu Putnam, Managing Director and Chief Economist of CME Group.
Our WTI Houston futures contract connects domestic users to locations close to export facilities in this region, allowing for price discovery, liquidity, and risk transfer.