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Home > Brent Crude Spikes Above $61, Highest Since December

Brent Crude Spikes Above $61, Highest Since December

By Tyler Durden
Created 02/13/2015 - 08:57
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 02/13/2015 08:57 -0500



 

Having quietly tested the $52 level and brushed with green on the week overnight, crude traders have decided that a surprise European GDP beat is good enough to outweigh all the over-supply fears and pushed WTI to $53 (with Brent breaking above $61 - highest since 12/23).

 

WTI tops $53...

 

Brent spikes above $61 - highest since before Christmas...

[3]

 

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-02-13/crude-oil-surges-green-week-wti-tests-53-brent-over-60

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