DWT ETF: Oil Markets Are Set For A Pullback
December 25, 2019 at 08:00 AM EST
By Oleum Research DWT hits an all-time low, after phase 1 trade agreement between China and the U.S. Speculators boosted significantly long commitments on oil futures, bringing headwinds on DWT. Oil fundamentals tightened in the past weeks, but excessive overconfidence in crude markets favors DWT...