You don’t even have to turn on the financial news. You can tell whether oil prices will be up or down in the morning by simply reading the president’s midnight social media posts. If he announces confidence in the ceasefire with Iran, oil will be down in the morning. If he posts about Iran glowing in the dark or about the stone age, you don’t want to be short petroleum. Here’s a representative example from May 6, posted by The Kobeissi Letter, a capital market commentary: "At 3:40 AM ET today, nearly 10,000 contracts worth of crude oil shorts were taken without any major news. This is...
















