COT Black: Not Transitory, The Landmine In Crude Means A Lot More Than Crude

By |2019-08-07T10:57:12-05:00August 7th, 2019|Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Supply glut or demand disappearing? We are back to asking that question again after four years. In late 2014 and early 2015, the conventional answer was shale. The US had begun producing so much oil there was a glut of supply. Without an outlet for it, all the crude began building up primarily in Cushing, [...]