WTI < $100

Tyler Durden's picture

WTI crude just broke $100 (traded $99.99) - an almost 3 month low having dropped its most in the last 3 days since mid-December 2011. Remember: it has long been known that Obama, pardon Bernanke, will not allow THE NEW QE until a barrel of the black gold cost double digits. He just got his wish.

 

Charts: Bloomberg