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Originally Posted by lannarebirth The fact is that's illegal if that causes you to have a too great a position in the market. |
not sure if it's illegal, they could buy contracts and short them at the same time, for different maturity, as a technique to limit their exposure to risk
don't think short selling is against the laws for the majority of these speculative funds, they might misrepresent the risks to their clients, but that's about it
now that the cat is out of the bag about speculation and the "imaginary" demand driving those prices, things will be back to normal, and the oil industry will be miserable again