Quick turnaround in crude
WTI stumbled at the start of North American trade but it has roared back to life in a rally to a fresh cycle high. WTI is up 72-cents to $66.27.
Here is a look at the past three days:
It's clear to me that Saudi Arabia won't be pumping significantly more crude until at least June. Oil also shrugged off the jump in the US dollar impressively.
