I took short today. Yes seasonality for oil is up until october, but:
1. A lot of oil rigs now are closed, because price was too low, they can open every day.
2. Right now deflation is going.
3. ISIS smuggle oil to markets.
4. Iran prepares to enter market.
1. A lot of oil rigs now are closed, because price was too low, they can open every day.
2. Right now deflation is going.
3. ISIS smuggle oil to markets.
4. Iran prepares to enter market.