February 9, 2015
Last week two-way volatility returned to the crude oil market. On up days the bulls declared an end to the bear market and on down days the bears said to get ready for a thirty-handle. In my latest piece for Seeking Alpha I look at the action in crude oil markets in terms of term structure, location spreads and processing spreads and come to the conclusion that this market may go nowhere fast.
Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities.