A ‘Crack’ In The Narrative: You Should Be Paying Attention To Oil

Heads up on crude. When crude rose for a second day on Friday, it was something of a pyrrhic victory. Last week was the second straight week of declines and the worst week in two months (coming on the heels of the OPEC extensions no less). Well this week is shaping up to be a different story and it's notable. Brent jumped above $65 overnight for the first time in 2 1/2 years as the North Sea Forties crack has everyone feeling bullish all of the sudden. “Yesterday’s closure of the Forti