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17Feb2021 Pre-Market Commentary: Oil Prices Soar As U.S. Oil Production Plunges 30%, WTI Crude 60.69, DOW At -2 Points, US Dollar Higher 90.87, Bitcoin 50700

Retail sales improve in January 2021 (SPY -0.1%). Texas winter storm highlights the importance of fossil fuels and oil prices gain as Texas freeze effects crude production. Here is the current market situation from CNN Money European markets are mixed to lower. Shares in Germany are off as the DAX drops 0.52%. The FTSE 100 is down 0.18% while the CAC 40 in France is unchanged. What Is Moving the Markets Here are the headlines moving the markets. Oil Prices Soar As U.S. Oil Production Plunges 30...
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