📊Our oil markets are fake.

At 4:29 am yesterday morning, 5,120 oil contracts (5.12 million barrels) were dumped in a single one-minute tick. That's 34 times the prior average volume!

This isn't price discovery - it's price *setting*. With inventories plunging and the price held artificially low, this ends badly.

https://x.com/chrismartenson/status/2081193010633609382?mx=2

📈Ellinne