The Traderszone Network

Published in TZ Latest News 26 August, 2014 by The TZ Newswire Staff

Forget Geopolitical De-Escalation – Here’s The Real Reason Why Oil Is Tumbling

As with¬† every other asset-class in the world now, fundamentals have taken a very distant back-seat to both liquidity (flow) and positioning (technicals) as traders are increasingly (in one way or another) on the same side of the same trade. Mainstream media will proclaim US energy “independence”, US sanctions ‘winning’ over Putin, or US airstrikes ‘calming’ down Middle East uncertainty; but the real reason oil is plunging is… the biggest mass liquidation of speculative longs in recorded 30 year history over the last few weeks

 

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