Anyone thought about the Soros Oil futures Manipulation?????
I think that the oil futures market is way to big for even Soros, single handedly, to manipulate. Clearly though, plenty of hedge funds have been involved in driving up the price of oil recently, but not to effect the election, only to make a buck.
The hedge funds have largely run out of places to stick there money because volatility in equities and bonds is very low currently. Given the absence of getting outsized returns in bonds and equities, many have switched strategies and now trade commodities, like oil.
This will eventually blow up in at least one hedge funds face and the entire party in trading oil futures will end. Remember, as recently as 1998, oil hit $11 per bbl.