FYI: As 2016 winds down and we look back at what transpired over the course of the year, one of the biggest standouts has to be the turnaround in crude oil prices. After starting 2016 just like it finished 2015, crude oil prices were down close to 30% on the year as of early February. However, like the equity market in 2016, crude oil prices staged a major rally and turned big YTD losses into big YTD gains. At current levels, crude is on pace for an annual gain of over 40% and nearly a double from its intra-year low
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/crude-oils-wild/
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Regards,
Ted