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Sell Crude at $65 per Barrel

The crude oil trade thus far in 2015 has been a textbook example of the way we employ commercial trader activity to the commodity markets. Commercial traders in the crude oil market were relatively nonplussed about the market’s decline through the end of 2014. Time progresses, and as the market built its base and forward demand for summer gasoline blends from refiners began to take shape, their purchases quickly dominated the playing field and pushed the market higher through spring. However, I believe the bigger story is the dramatic forward selling by the commercial drillers who clearly believe this rally will be short-lived.

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