100% of the time, Reuters’ oil market manipulation – on behalf of various unnamed deep tate interests – works 100% of the time.

Last Friday morning, just as Brent crude was threatening to extend gains above $80, forcing oil CTAs and other momentum-chasers to close out their near record net short positioning…… Reuters did what it has done so many times before, and published an oil market manipulating report, designed to crush the price of oil and reverse upward momentum to snuff out the risk of an accelerating short squeeze.

……….

To summarize: we are now back to where we were before Reuters’ Friday fake news report, but with momentum now crushed, oil is trading at the lowest price of the year, assuring even lower gas prices – however briefly before we hit tank bottoms – ahead of the election, just as the deep state ordered it…

https://www.zerohedge.com/markets/how-reuters-manipulates-oil-market-two-headlines