Oscillating. Very common occurrence after “significant” changes in the price, from what I’ve seen 🐶🐾🫡

Something like this?

https://www.reuters.com/markets/commodities/us-speeds-up-return-oil-strategic-petroleum-reserve-energy-dept-2023-12-01/

https://www.energy.gov/ceser/articles/us-department-energy-announces-solicitation-purchase-oil-strategic-petroleum-1

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Paper derivatives are used to manage the cost of real commodities. Gold, silver, oil, and soon bitcoin.