In this report: WTI finished the week up 2.5% as Venezuela’s overhyped barrels, petrodollar power plays, stretched spec shorts and record commercial length combine into a buy-the-dip, puke-the-shorts Q1 bull regime in crude.
Key Stats. WTI +2.53% (+$1.45) for the week. Open $57.47 High $59.77 Low $55.76 Close $58.78.
Im bullish AF! Have a look at the COT…