TraderE9

Manipulation on OIL is insane

NYMEX:CL1!   Lätta råoljeterminer
Not too long ago, Oil collapsed, futures contracts into negative territory, as can see on this contract -$40, Bringing immense fear as well as wiping out traders. I have no idea what happens in futures markets when they trade in the negative numbers. However as you can see, from zero price to todays price, is an increase of over 50000% profit. Meanwhile, we are now facing an 'energy crisis', some developed countries and their people have rising energy costs, inflation, russias current movements plus a whole lot of other factors... Watch this space.


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