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What Does Rate Volatility Mean For You? with Tony Greer

Real Vision: Finance & Investing

CHAPTER

The Market's Positioning on Crude Oil

We're seeing leadership out of oil services and refiners again, you know, the crack spread won't back off marathon petroleum trading in new high. And as long as there's conditions, I'm okay with staying long crude oil,. We'll get to that point where funds get long and saturated and a lot of times that's already driven the market five, six or ten dollars higher. The last funds in that got long will wind up selling it to the next one that hasn't a dollar of oil risk on their pad yet.

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