THE MOLECULE CRISIS
The 'tourist examines the tightness in the crude oil market
I’d like to discuss crude oil again.
As WTI prices rip higher, the chorus of bulls is getting even louder.
To some extent, this is justified. The fundamentals and technicals are both screaming bullish.
Earlier today, the head of commodity research for Goldman Sachs gave an interview to Bloomberg where he summed up the situation well:
This is a molecule cri…