... Earlier highs at USD 89.15 taken out, and significant technical levels said to have been erased at USD 89.19.
- Prompted a marked tightening in the Brent/WTI spread, trades USD USD 20.39 - tightening by just over USD 1 on the day.
- Volumes remain light heading into the holiday period - providing erratic and exaggerated moves across the asset classes.
- As a reminder, WTI Jan'13 futures expiries are due at the pit close of 1930GMT/1330CST.
- No specific news behind the latest moves higher in WTI Crude futures.
19 Dec 2012 - 23:45 - Energy - Source: RANsquawk
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