Crude Speculation works both ways

NexusFi · 2011-09-30T15:07:13-04:00

you certainly made some good points. this is not for arguing, only the view from the other side: if speculators wouldn't have pushed the price up, there would be no need to push it back down. either way, lovely play field for some "speculators". you say: "At times we pay more than we should and at times we pay less than we should". what would you say was the last time we payed less than we should? or with other words, how do you determine what a fair price is? is today's price (~87) …

Discussion in Commodities

Updated September 30, 2011

Crude Speculation works both ways

September 30th, 2011, 03:07 PM

#11 (permalink)

liquidcci

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Crude down 10% for month and 16% for third quarter. Speculation works both ways. Nobody cries about oil traders when oil is being pushed down.

Oil set to end the month down nearly 10% - Futures Movers - MarketWatch

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