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Home > "Not" Stabilized - Crude Crashes 7% Intraday: WTI $54 Handle, Brent Below $60

"Not" Stabilized - Crude Crashes 7% Intraday: WTI $54 Handle, Brent Below $60

By Tyler Durden
Created 12/18/2014 - 14:07
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 12/18/2014 14:07 -0500



 

Crude is over 7% off its intraday highs.. But "Ignore it" - Yellen said it's great news (and transitory)... The last time Crude was here, the S&P 500 was 65 points lower... [WTI closed at its lows $54.05 in Jan '15 futures]

 

January 2015 WTI Futures $54.35...

[3]

 

entirely decoupled from stocks...

[4]

 

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Source URL: http://www.zerohedge.com/news/2014-12-18/not-stabilized-wti-crude-hits-55-brent-below-60

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10861
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/12-overflow/20141218_WTI_1%60.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/12-overflow/20141218_WTI_2.jpg