Growth in oil futures outpaces oil consumption

[staff]

Growth in oil futures outpaces oil consumption
      

 
Here's a look at the average daily volume of oil futures on the NYMEX expressed in terms of global consumption of oil. As the chart makes clear, the number of paper barrels traded every day on the NYMEX is now over three times the number of actual barrels consumed every day worldwide. On Friday, [...]
         

You are not allowed to view links. Register or Login