Thursday , December 19 2024
Home / Video / Oil spreads indicate market is still "tight."

Oil spreads indicate market is still "tight."

Summary:
The oil market backwardation has narrowed over the past 3 days, but it's still historically high. This is bullish. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

New Economics Foundation writes Moving forward

Dean Baker writes Health insurance killing: Economics does have something to say

NewDealdemocrat writes Retail Real Sales

Angry Bear writes Planned Tariffs, An Economy Argument with Political Implications

The oil market backwardation has narrowed over the past 3 days, but it's still historically high. This is bullish.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader.

https://www.pitbulleconomics.com/



Mike Norman Twitter

https://twitter.com/mikenorman



Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

4 comments

  1. Oh I'm gonna enjoy these "earnings😆"or should I say loosings😉 tomorrow. Keep buying this market boys, we need more blood on the street😉

  2. Дмитрий Фадеев

    Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine sleepfriendd.Online Brünette und eine andereh Blondine. Es wäre unfair, wenn ich 4 wählen würde

  3. Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine verwohntt.online Brünette und eine andereg Blondine. Es wäre unfair, wenn ich 4 wählen würde

  4. Настя Смирнова

    Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine emprutt.ONLINE Brünette und eine anderew Blondine. Es wäre unfair, wenn ich 4 wählen würde

Leave a Reply

Your email address will not be published. Required fields are marked *