Forex Analysis

According to CFTC “Speculative traders’ interest in crude oil now account for roughly 70% of all trading in West Texas Intermediate crude on the New York Mercantile Exchange, compared with 37% in 2000.”

Some officials still argue that the oil buble is not speculative. Why they are so “sure”?

http://www.cftc.gov/stellent/groups/public/@newsroom/documents/file/cftcfactsheet062308.pdf

This entry was posted on Tuesday, June 24th, 2008 at 2:48 pm and is filed under Fundamental Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.