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U.S. oil prices continued to tumble, falling 15 percent to trade near $80 per barrel.
Andreas Steno Larsen noted that April 2026 WTI futures have now dropped by roughly 32 percent since Sunday night's peak.
The recent volatility in oil prices aligns with broader patterns Andreas Steno Larsen has examined, particularly in his assessment of how contrarian signals in financial market commentary can illuminate shifts missed by consensus perspectives. These developments also parallel patterns observed when the SPX approached all-time highs amid heightened volatility, underscoring persistent uncertainty across asset classes.