Demand is down, inventories are down ... but the oil didn’t disappear, It makes you wonder how often we think we understand what’s happening when we’re really just looking at the surface.
Agreed, Robert. The oil moved...it just moved quietly. That gap between surface data and what's actually flowing is where most traders get caught off guard...
Demand is down, inventories are down ... but the oil didn’t disappear, It makes you wonder how often we think we understand what’s happening when we’re really just looking at the surface.
Agreed, Robert. The oil moved...it just moved quietly. That gap between surface data and what's actually flowing is where most traders get caught off guard...