hittkts
Short

Head and Shoulders OIL

FX:USOIL   Crude Oil (WTI)
1122 0 8
Oil             is respecting resistance line from the high. With current crack spreads we will inject roughly 50mmbls into inventory this fall/winter, same as we did last 2 years. Problemis we can only fit 550mmbls before we face containment issues. That means production shut ins are inevitable. Here is how I am playing this.
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