Can You Make Money in the Declining Oil Market?

The video discusses the impact of OPEC's decision not to cut oil production, leading to a drop in oil prices. Experts Greg Bender and Todd Horowitz analyze the market reaction, with Horowitz suggesting a trading strategy to buy oil at $65 and sell at $70. The discussion covers market volatility, the role of speculators, and the importance of trading dominant futures contracts with high liquidity.

What trading strategy did Todd suggest for oil prices around $65 a barrel?

What does the term 'dominant futures contract' refer to in trading?