Weekly Oil Markets Recap – Calm Before The Storm, Short-Sellers Are Getting Complacent

Posted by Seeking Alpha

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Summary

WTI finished the week up 5.92%.

Short-sellers are getting complacent again with the recent CFTC position disclosure.

The squeeze this time is going to hurt more than ever as oil makes 52-week highs over the next month.

Welcome to the weekly oil markets recap edition of Oil Markets Daily!

WTI finished the week up 5.92%.

WTI managed to notch two weeks straight of price gains and closed above .…continue reading HERE

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