26 February 2007 #1 M markrmau Joined 17 September 2004 Posts 884 Reactions 8 just noticed the CL COT. http://www.softwarenorth.net/cot/current/charts/CL.png It looks like the producers are left with net long positions in these times of relatively soft oil prices. How does this happen? Are oil producers really going long Can COT reports tell you anything or are they relatively meaningless because there will always be two sides to a contract anyway.
just noticed the CL COT. http://www.softwarenorth.net/cot/current/charts/CL.png It looks like the producers are left with net long positions in these times of relatively soft oil prices. How does this happen? Are oil producers really going long Can COT reports tell you anything or are they relatively meaningless because there will always be two sides to a contract anyway.