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Buxton ND | Big Oil DOES NOT control the price of crude anymore then big commercials control the price of grains.
Crude started this whole commodity super cycle and kinda looking like crude will end it.
2003 there a low of 25
2001 - 17
1998 - 10.65
Take you pick, your guess is as good as mine.
Crude WAS THE LAST OUT OF THIS CRASH in everything.
Been in a bear down trend market for 19 months, MUCH shorter of a time frame then corn/beans/wheat.
Side note, count how many months the U.S. Dollar has been in a UP TREND.
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Crude makes new low...
