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WTI Explodes Higher, Brent Unchanged As Algos Reminisce

It is deja vu all over again - just as it did last week - after dumping into Monday open, the machines ramp WTI (on no news and certainly not on the back of any data which was all abysmal).

Behold a "market" controlled by lasers (chart courtesy of

)

 

You are Here...

 

Rinse Repeat.