WTI crude oil rises above $90 to a fresh high for the year

  • WTI crude oil up $1.67 today to $90.20

By this point the story is well-known -- OPEC+ is putting a squeeze on the market and it's under-supplied somewhere in the 1-3 million barrel per day range. That should narrow in October as China backs off a filling inventories but unless OPEC breaks, global inventories will continue to draw down.

And maybe dunking on Cramer is tired but this was a brutal call.

Cramer oil

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