Quote:
Originally Posted by SebC
I'm pretty sure you're just joking, but when you buy "oil" (the commodity) you actually commit to taking delivery at Cushing within the month being traded. So if you wanted to do this, you'd have to have your own storage facility.
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I've always wondered how this works. Seems a little like the boom era real estate market. Lot's of people flipping the commodity, very few actual end buyers.