Oil conspiracy? – I am just saying. The Commitment of Trader (COT) reports providing a breakdown of each Tuesday’s open interest for markets in which traders hold positions equal to or above the reporting levels established by the CFTC. Have you ever wondered why looking at Oil COT reports, Procucers are always short, and Commercials are always long? In fact its been this way since a long time – click here. You might say this would be logical that Producers would naturally be short, because they are long the physical. But Commercials, which are largely hedge fund speculators, look like they are always long – is there not a real market here? Looking at other commodities, it’s not like this. What’s the deal? I am just saying.
Take a look at profits of Oil companies, not by just the earnings of major Oil company stocks, but the profit margins on what they produce. EIA collects data related to these costs from the largest (major), U.S. oil and gas producers in its Financial Reporting System (FRS). The data are generally representative of the average cost for the FRS companies to find and produce their own particular mix of crude oil and natural gas in their production locations in the U.S. and in other countries and regions of the world. Here is the latest data:
Wow, this is a lot of profit margin, for such a mature industry, when considering the current price of Oil. With these kinds of profits, could some of these profits be used to funnel to hedge fund Commercials to prop up global Oil prices? Of course this would be highly illegal if found out that Producers are trying to rig the market with illegal or miss-leading reporting of COT reports to the CFTC. I am just saying.
Blue Point Trading, William Thompson
[QUOTE=“William83Var;597088”]<img src=“301 Moved Permanently”/> Oil conspiracy? – I am just saying. The Commitment of Trader (COT) reports providing a breakdown of each Tuesday’s open interest for markets in which traders hold positions equal to or above the reporting levels established by the CFTC. Have you ever wondered why looking at Oil COT reports, Procucers are always short, and Commercials are always long? In fact its been this way since a long time – click here. You might say this would be logical that Producers would naturally be short, because they are long the physical. But Commercials, which are largely hedge fund speculators, look like they are always long – is there not a real market here? Looking at other commodities, it’s not like this. What’s the deal? I am just saying. Take a look at profits of Oil companies, not by just the earnings of major Oil company stocks, but the profit margins on what they produce. EIA collects data related to these costs from the largest (major), U.S. oil and gas producers in its Financial Reporting System (FRS). The data are generally representative of the average cost for the FRS companies to find and produce their own particular mix of crude oil and natural gas in their production locations in the U.S. and in other countries and regions of the world. Here is the latest data: <img src=“301 Moved Permanently”/> Wow, this is a lot of profit margin, for such a mature industry, when considering the current price of Oil. With these kinds of profits, could some of these profits be used to funnel to hedge fund Commercials to prop up global Oil prices? Of course this would be highly illegal if found out that Producers are trying to rig the market with illegal or miss-leading reporting of COT reports to the CFTC. I am just saying. Blue Point Trading, William Thompson[/QUOTE]
This guy still here or has he gone missing… ;p ?
