Crude Carnages To $42 Handle - Lowest Since 'Andy Hall' August Meltup

Now down 5 of the last 6 days, WTI Crude is crumbling another 3.5% today, back to a $42 handle for the first time since the manic surge at the end of August. Furthermore, the dramatic decoupling of Oil VIX from Oil that occurred at the end of August has now converged.



And Oil Volatility and the Oil ETF have recoupled...


Charts: Bloomberg