Not much covering on those big volume days... Shorts as a % of...

Not much covering on those big volume days... Shorts as a % of volume has been at its lowest this last week in some time. My guess is someone took a solid position last week and now people are weighing up the risks and taking profits. The remaining shorters would be waiting for the Final Report.

The supply/demand of oil is starting to change. Suzan has pointed out many macro insights as to why... "The physical rebalancing of the oil market has finally started" - Goldman Sachs today on Bloomberg.
Good things are coming for MRM, but many risks still exist as AHS points out.