When I first entered the floor and learned about oil pricing, it was clear that the cash market, where real barrels of oil were bought and sold, was where pricing was decided. Later, it became…
Tag: CFTC
While the drop in oil demand and enhaced production should be pulling prices down, fuel has never been more expensive. Engdahl dismisses explanations linked to saber-rattling and the peak oil theory. He points instead an…
Since around October last year, the price of crude oil on world futures markets has exploded. Different people have different explanations. The most common one is the belief in financial markets that a war between…