For the first time in 5 years, U.S. production is declining year over year. Meanwhile, oil is one of the most heavily shorted assets in the past decade. Supply tightening. Positioning crowded. That’s fuel for a squeeze. 🔥
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⚠️🇺🇸 US Oil Output Turns Negative YoY
For the first time in 5 years, U.S. production is declining year over year.
Meanwhile, oil is one of the most heavily shorted assets in the past decade.
Supply tightening. Positioning crowded.
That’s fuel for a squeeze. 🔥