Thread

How much oil-market buffer is left?

116 points · 180 comments · mcone

grebc · 1789503821 · focus · HN ↗
They should be banning all the financial only/paper traders. If you can’t take delivery you can’t trade.
1. pipodeclown · 1789504342 · focus · HN ↗
  That really makes absolutely no sense. Derivatives whole purpose is to allow people to hedge their exposure to the underlying, in this case oil prices. Many parties active on these markets have such exposure but are unable or unwilling to take delivery as part of that hedging contract..

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