Futures contract trading in palladium jumped 3

Futures contract trading in palladium jumped 3.5% driven by speculative short-covering on tight automotive supply chains. Market analysts cite the potential for sustained rally if EV production pace accelerates. It was also on this date that the Celtics traded a pair of second-round draft picks to the (then) New Jersey Nets (now, Brooklyn) for point guard John Bagley. To support the transition to a greener energy market for transportation fuels, CME Group’s NYMEX is now offering four futures contracts for Used Cooking Oil (UCO) and Used Cooking Oil Methyl Ester (UCOME).­ Technical traders note breakout potential if WTI closes above $82 in the next two sessions.