OPEC Deal a ‘Fantastic Opportunity to Get Short WTI,’ Says Bauer



Jun.25 — In today’s “Futures In Focus,” Scott Bauer, chief executive officer at Prosper Trading Academy, discusses oil market reaction to OPEC’s agreement to increase production and what he sees in store for Bitcoin. He speaks with Bloomberg’s Vonnie Quinn on “Bloomberg Markets.”

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50 Thoughts to “OPEC Deal a ‘Fantastic Opportunity to Get Short WTI,’ Says Bauer”

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    That don't make sense…Why would you short oil, oil has been trading 60-70 when the dollar was going higher. Who is buying oil at this high oil prices? just because production goes up does not negate the fact that oil is trading with expensive dollars. When the dollar loses value, oil will be $100+/bbl.

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