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One magic rule of commod trading. Prices move in the direction that F===ks the most people. Right now, the world is long.
Interesting to look at table of wti prices. As of today (aug 18) the price is nearly flat for 5 years forward..
Do you have a good site to have all the forwards in one place, and generally to get usable data on the oil prices, because I still miss that, strangely enough, and rely on the mainstream sites which are quite limited? Thanks In the long run, we're all dead. John Maynard Keynes
as for the bet, I'm just pulling on your beard. One reason I was a very mediocre trader is I have no huge desire to gamble every second of every day.