The Nymex crude oil futures market less than a month ago traded down to minus $40 a barrel. Since that time prices have rallied and are closing in on $30 a barrel. That’s impressive and if you do the math it’s the sharpest rally in the shortest timeframe in the history of oil futures market trading. Such are the times in which we are living. The strong recovery in the oil market is a good sign for the raw commodity sector that has been so hard-hit by the Covid-19 pandemic. Still, one has to remember that in January Nymex crude oil futures traded at $60 a barrel.–Stay tuned! Jim