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The Oil Market Is A Cheating, Collusion, Corrupt Machine

Published 07/05/2017, 12:08 AM
Updated 07/09/2023, 06:31 AM

We discuss in this market video how you can never trust holiday trading prices in financial markets because it is easier to cheat with low participation in markets, the degree of cheating that takes place in all financial markets is always underestimated, and finally focus on how "the Scam Nature" of the oil market really keeps the market from rebalancing the way it should, and keeps people (US Producers) doing stupid things in the oil business.

If you forced physical delivery on participants it would cut out some of this nonsense in the market, US shale would right size to the fundamentals of the actual oil market economics, and oil would move down to $20 a barrel real fast.

Weekly US Ending Stocks Excluding SPR

Weekly YS Ending Stocks Of Other Oils

Weekly US Ending Stocks Excluding SPR Of Crude Oil

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