What Happens To Oil Prices When Driving Season Ends?

“For now at least, it has become hard to risk capital on the
price of oil with as much conviction as in the past.”—Andy Hall,
famed oil trader, on shuttering his oil hedge fund. If Andy Hall is
confused, what does that say about the rest of us? This checklist
tries to identify some of the anomalies in the global crude oil
marketplace which presumably will ultimately get resolved even if
they don’t seem to have any resolution at the moment. So here’s an
oil watcher’s late August list of things to keep an eye on:…

“For now at least, it has become hard to risk capital on the
price of oil with as much conviction as in the past.”—Andy Hall,
famed oil trader, on shuttering his oil hedge fund. If Andy Hall is
confused, what does that say about the rest of us? This checklist
tries to identify some of the anomalies in the global crude oil
marketplace which presumably will ultimately get resolved even if
they don’t seem to have any resolution at the moment. So here’s an
oil watcher’s late August list of things to keep an eye on:…