just noticed the CL COT.
http://www.softwarenorth.net/cot/current/charts/CL.png
It looks like the producers are left with net long positions in these times of relatively soft oil prices.
How does this happen? Are oil producers really going long
Can COT reports tell you anything or are they relatively meaningless because there will always be two sides to a contract anyway.
http://www.softwarenorth.net/cot/current/charts/CL.png
It looks like the producers are left with net long positions in these times of relatively soft oil prices.
How does this happen? Are oil producers really going long
Can COT reports tell you anything or are they relatively meaningless because there will always be two sides to a contract anyway.
