Crude Oil Price Outlook 2019
Trifecta Consultants founder Sukrit Vijayakar was in Panel Discussion on Outlook for Crude Oil Prices in 2019
Interview to Sputnik World - 23rd October 2018
There are many factors in the oil market that could cause prices to spook and the funds are following the old adage of "Be Long or Be Wrong"
In an interview to Sputnik World on 23rd October, Trifecta Consultants founder Sukrit Vijayakar stated that while the current news that Saudi Arabia would not retaliate against US sanctions with oil may have pushed prices down, funds still remain very significantly long.
The current long to short ratio of 8:1 is still very high although it is much lower than the ratio of 12:1 around a month ago, he cautioned.