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Art Berman: When Oil Longs Outnumber Shorts, It "Always Leads To A Correction"

The legalization of US oil exports may have "changed the game" for global oil prices - especially WTI - but that doesn't mean old pricing models like the inverse correlation between inventories and prices still apply. At least that's what Art Berman, a petroleum geologist and the featured guest on this week's episode of MacroVoices, told host Erik Townsend back in October during a previous appearance on the program.
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