Low liquidity and limited storage caught WTI by surprise at the end of April... Now we face the same known factors trading with lower volume. It will be interesting to see how this closes out.
My main question to the market: if there is truly a bullish push on oil, why are the future contracts not rising at a faster rate?
Have we reached the new "peak demand" for USOIL?
My main question to the market: if there is truly a bullish push on oil, why are the future contracts not rising at a faster rate?
Have we reached the new "peak demand" for USOIL?