RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:cj is falling below $6,50You are a clueless and clearly have never taken and Economic class in your life. Data is what is paramount to help with price discovery. That is why angencies such as the EIA, API, and Gov statistics are so critical and why details of their reports are guarded unitl release time.
For expample if you know in advance that oil inventories in the US will be reported to drop such as, oh, lets use a really high number such as -6.5 mb - you would/should be able to trade on that and make a lot of profit - as the market should adjust accordingly and move upwards that day at least. Which also suggest US demand is not decling..That is not a conspiracy.
Now if these same reports are essentially dismissed by the market, moments after and in fact oil declines -2 to -3%, there is something really, really strange about that. But what does the market say that seems to override critical data essential for properly functioning markets and price discovery? China demand is slowing, but that is old news, should have been factored into the market many times already by now, but instead news releases that keep dipping into the same well, (no pun intended) rehashing that narrative over and over. This is not a once occurrence but has happened repeatedly as well as when OPEC reports curtailments to production. But the decline to oil prices are almost immediately after the reports and quite dramatic like 2-3% again really odd...
The conspiracy is you can't seem to figure it out as you lack critical thinking skill but instead proffer to keep lapping up the Kool aid ;)