During the course of the week, crude oil markets showed symptoms of stability and continued to exhibit a great deal of erratic behavior.
The crude oil market fluctuated during Monday’s trading session, as we continue to observe a great deal of irrational activity.
As traders returned to work on Monday, crude oil prices experienced a small uptick during the day. At this time, it appears that we are still searching for a larger bounce.
Crude oil prices have fluctuated wildly this week, wiping out accounts at every opportunity. Since this is the case, you should generally avoid this market for the time being.