What does Scott Bauer mean by 'mass confusion' in the context of oil trading?
Oil Market Is 'Extremely, Extremely Confused,' Bauer Says
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The video discusses the current state of WTI trading, highlighting a slight rally and market volatility influenced by Saudi news and the dollar index. Scott Bauer from CME provides insights into the year's market conditions, characterized by confusion and volatility. He also shares future trading strategies, particularly focusing on oil trading around the $45 level.
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What specific price level does Scott Bauer suggest for potentially buying oil?
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