Oil Is Moving Higher, But It’s Not CrudeSoybean Oil FuturesCBOT_DL:ZL1!konhowWhile many focus on crude oil due to tensions in the Middle East, I’ve noticed that among the few popular oil markets, soybean oil is moving much higher than the others. Could soybean oil be the next to move after precious metals? Soybean Oil Ticker: ZL Minimum fluctuation: 1/100 of one cent (0.0001) per pound = $6.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs https://www.tradingview.com/cme/