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Trader who predicted $63.50 oil surge reveals why Russian drones matter more than inventory data

Reading time: 2 min • Sep 10, 2025, 09:07 PM (UTC)

Key Points

  • WTI crude oil prices have surged to $63.50 per barrel as geo...

WTI crude oil just hit $63.50 per barrel, and for once, traders are ignoring boring inventory reports in favor of something far more dramatic: Russian drones buzzing around Polish airspace like uninvited party guests. Prime Minister Donald Tusk called it an "act of aggression," which in diplomatic speak translates to "this is really not cool."

When Geopolitics Trumps Math Class

Here's where things get interesting. The U.S. Energy Information Administration dropped some numbers that should have sent oil prices tumbling: crude inventories jumped by 3.9 million barrels last week when everyo...

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