Oil continues to hit the skids ahead of North American trading

WTI 27-04

Just be mindful in case this starts to have negative spillovers to the risk mood today, but so far the sentiment in the oil market is a bit of an isolated one.

USO has also just announced that they will roll futures for 10 days (instead of 4 days) starting from 1 May, investing 30% into July futures and 15% into August futures.