Oil Falls Due to Positive Sentiment on Trade

If you were with us live when we identified the original exact place that Oil made it’s turn you could have had one of the best trades of the year shorting oil. Here is what a guy with Bloomberg is saying. I’m not sure how “trade concerns” equate to a drop in price. Not sure also how stockpiles can surge. I guess first you have to drill and pump a lot of oil before stock piles can surge. And how does that happen that stock piles can suddenly surge? I guess I should stick to reading charts.

 

 

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