May 29, 2018
Crude oil corrected on Friday, May 25 after a long rally that took the energy commodity to a high of $72.90 per barrel on the nearby NYMEX futures contract at the start of last week. In my latest work for Seeking Alpha, I explain why crude oil had become a crowded trade and how the forward curve signaled that the correction was on the horizon.
Article: Crude Oil Became A Crowded Trade
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