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You are confident that next winter is going to be colder than normal. In addition, you suspect that oil-producing nations will cut supply in order

You are confident that next winter is going to be colder than normal. In addition, you suspect that oil-producing nations will cut supply in order to protect global oil prices. Use supply and demand graphs to forecast the effect of these two expected factors on market conditions in the heating oil industry. Explain how you can speculate in commodity futures markets dealing in heating oil futures

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