Oil rises from the depths of despair
WTI crude oil is at the highs of the day, down $7.06 to $34.21 after falling as low as $27.34.
![Oil rises from the depths of despair](http://az705044.vo.msecnd.net/20200309/2020-03-09_10-23-00.png)
This looks like short-covering to me.
WTI crude oil is at the highs of the day, down $7.06 to $34.21 after falling as low as $27.34.
This looks like short-covering to me.
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