London Wrap: Crude jumps 6.8% as metals slide
Brent and WTI surged nearly 7% while platinum, silver and gold sold off and European indices closed lower. Bitcoin Cash led crypto losses.
Brent and WTI surged nearly 7% while platinum, silver and gold sold off and European indices closed lower. Bitcoin Cash led crypto losses.

USOil last traded at 100.74, up 6.65% on the session, sitting 15.09% above its 20-day average with a weekly RSI of 61.9 against a daily reading of 80.
Crude surges over 6.5% while platinum, silver and gold slide. Bitcoin Cash drops 10%, the dollar firms and equities open lower across the board.
Platinum led with a 4.27% gain and crude cleared $94 as equities sank across the board. Polkadot dropped 10.5% in a broad crypto pullback.
Platinum surged 4.3% and crude added over 2% while the DAX, CAC and Euro Stoxx 50 all shed more than 1.2%. Polkadot led a crypto pullback.
Brent and WTI led the tape higher while gold shed over 1% and Wall Street closed in the red. Palladium sank 4%. Here's the US session close.
Crude jumped over 2% while gold fell 1.16% and European indices closed lower. Polkadot surged 17% and palladium shed 4.11%.

UKOil trades at 97.35, up 2.05% on the session, sitting 6.66% above its 20-day average with an RSI of 69.3 and weekly uptrend intact.
Polkadot leads a 17% crypto surge while Brent and WTI add ~2%. Palladium sheds 4% and gold slips below $4,355 as the yen firms.
Altcoins topped the tape as GRT, Chainlink and Polkadot each ran 6-8%, while the Swedish krona firmed against the dollar. Oil held near 90.
Oil led the session with USOil up 4.62% while silver, platinum and gold all fell sharply and Wall Street indices closed in the red.
Crude oil surged over 4% while precious metals sold off hard and European equities closed broadly lower as the London session wound down.