Crude Oil – Speculative Frenzy Kicking Off

In going over some of the various COT reports and having a look-see to observe who is doing what, I wanted to make a few comments about the crude oil market, especially in light of one of our astute posters here who pointed out the very large imbalance currently existing in that market ( thanks Jesse L.!).

Take a gander at the COT chart and you will see exactly what he was referring to. This chart goes back Eight Years – to the time that the CFTC began breaking out the Disaggregated Report.
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