over all open long contracts on Aug 25 are 245238 and short contracts 156004. Last two days rally in crude must have greatly changed these numbers
Hedge funds -- under the Managed Money heading in the Commodity Futures Trading Commission (CFTC) weekly Commitments of Traders report -- dumped 3,154 short contracts last week and added to their long positions by 3,526 contracts. The movement reflects changes as of the August 25 settlement date. Managed money holds 245,238 long positions, compared with 156,004 short positions. Hedge funds cut their short positions for just the second time in seven weeks and resumed their usual roles as oil bulls.
i said that when dwti was 240. it is 119 now. I thought it would take a week but it happened only in two days
my gosh you fools, get out of this now. this is going below 100
market manipulators fooled morons a big time on oil. Oil is going to be over 70 in six months. Capex in new wells is almost gone. Wells don't continue to produce oil forever. Once they dry up and if there are no new wells, guess what, no supply. And all this slump is due to only yes only 2 % over production. How long do you think this 2% over productions would last
WHO SAID OIL WAS GOING TO 10? You fools, oil will be back to 70 in the next six month. Get out of DWTI now.
to continue to fool the market
market manipulators are telling people China markets are crashing because Chinese economy is crashing. That is false. Economies swing but that doesn't mean a crash.
and here wall street criminals keep pounding on CHK
Wait, lower than expected inventory of nat gas? how come wall street criminals keep pounding on CHK? This stocks will double by Nov. Just let winter roll in.
super recovery. shorts are getting fried. they thought bk was imminent
WITH ALL THOSE FAKE NEGATIVE REPORTS. Look at almost bankrupt crude oil company CRK. Up from 99 cents to 2.70 (and still rising) in 4 days. Same thing will happen with CHK. Just wait and watch.