BULL SH#$!!How does the spread between September and October have a range between .25 - .54 cents for the last four weeks, and then miraculously jump to 1.25 after the market close the last day of September oil contract (July 21). October contract jumps up after the close, but still shows a decline for the day. Hence HOU won't show and gains come trading tomorrow. How do the the people who price oil come up with these numbers. It's such BS!
Oil in May only takes 15 trading days to drop, but it's been doing absolutely nothing for 42 days now! IT'S B.S.!!! OIL, CHOSE A DIRECTION !!!!!!!!!!!!!!!