Friday, April 22, 2016

Commodity Trader: "What Is Happening Has Absolutely No "Reasonable" Explanation"


...What explains the move in Crude? Ok, I could try and put some sort of “rationality” on the initial move from $26 - $40 (as crazy as it was), but the action in the oil market since Sunday’s “about face” in Doha?  No way anything other than pure, simple and outright manipulation can explain these last 3 days of action in the crude oil market… nothing…