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Crude Oil Is Too Short

Crude Oil is Too Short

November 15, 2016

Open interest in NYMEX crude oil futures is at a record high and speculative shorts are looking for the price of continue to fall. In my latest article for Seeking Alpha, I outline the reasons why those shorts could trigger a big rally and the other reasons why the world’s producers need to and will come to an agreement to cut or freeze production in Vienna on November 30.

Article: Crude Oil is Too Short

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