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Video: Crude OIl in Middle of Week of May 11-15, 2020

May 13, 2020 at 13:12 by Vladimir Vyun

In the present video, Phil Carr from The Gold and Silver Club talks about crude oil in the middle of the week of May 11–15, 2020. He starts the video by mentioning that hedge funds and money managers increased their long positions and trimmed short ones, which can be one of the reasons why oil prices nearly doubled recently. Phil discusses next where prices may go in the future and what factors will be affecting them.

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