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  • Remember $20 Oil? Looks Like It's Coming Back  [View article]
    "the 20 $ price if it occurs would create great unhappiness among
    the people who filled their tankers to the brim & now have them
    parked in the gulf of mexico or wherever."

    Absolutely false, those tankers were filled with nearby priced oil and hedged with long-dated futures. The profit is locked in. It's called CONTANGO !!
    Jul 21 11:45 am |Rating: +2 -1 |Link to Comment
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