Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $36.956 movement on CL within the next 2 hours. We expect CL to trend downwards for 2 hours because the released value is > 3.2%

Historical events that allowed us to draw this conclusion

12 Nov 10:00

13 Oct 09:00

14 Jun 09:00

12 Mar 10:00

13 Jan 10:00