guruonthestreet

Myth and Meaning in the Great Oil Game

The impact of futures on oil price exist because the number of open interest growth up. When more people try to invest in a commodity or stock the price goes up. It' s true that the impact is neutral when I open and close the position in the same month but if I close and other two people reopen the position in my place the pressure on price encrease. Tulipan's speculation teach the lesson but nobody learnt.