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Oil Soars Most Since Feb 2009 On OPEC Production Cut Headline Redux

Another day, another OPEC Production Cut rumor, and another massive swing in WTI Crude oil prices. But having run stops to these levels, we wonder what happens next?

 

This 11.5% ramp is among the biggest single-day moves in oil's history...

 

Driving realized volatility near record highs...

 

But sadly, stocks are not correlating...