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Hot Topic #14: Crude Oil BLACK SWAN ALERT with Jim Bianco

Macro Voices

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If it hasn't hit the fan by then, I think going into OpEx would be where things fall apart. Remember that date in mid-June is for the expiration of the July contract. That's the one that right now has 40% of USOs open interest. Now of course they're going to roll some of those positions forward and they won't have that many.

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