To roll over, they must first cover the current futures.
This will cause a massive short squeeze and high prices.
Technical_Purple_847 on
Just assume that the opposite of what will logically happen, happens. You predicted oil up because futures expire and physical oil needs to start getting delivered.
I will counter you with Trump announcing literally anything on truth social, it obviously indicates peace no matter what. Remind me tomorrow night after Trump says Vance is headed to Kazakhstan to jack off
iamjimmy18 on
Oil has actually fallen by 1.8% today. It will fall again tomorrow, price goes down instead of up. Future contracts are rolled over.
3 Comments
To roll over, they must first cover the current futures.
This will cause a massive short squeeze and high prices.
Just assume that the opposite of what will logically happen, happens. You predicted oil up because futures expire and physical oil needs to start getting delivered.
I will counter you with Trump announcing literally anything on truth social, it obviously indicates peace no matter what. Remind me tomorrow night after Trump says Vance is headed to Kazakhstan to jack off
Oil has actually fallen by 1.8% today. It will fall again tomorrow, price goes down instead of up. Future contracts are rolled over.