Oil Market Is 'Extremely, Extremely Confused,' Bauer Says

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.

What is the current trading price of WTI mentioned in the video?

• $48.12

• $45.12

• $47.12

• $46.12

How does quadruple witching affect the market according to Scott Bauer?

• It has no effect

• It causes increased volatility

• It decreases trading volume

• It stabilizes the market

What is the impact of a stronger dollar on oil trading?

• It has no impact

• It decreases oil prices

• It stabilizes oil prices

• It increases oil prices

How does Scott Bauer describe the trading year?

• Volatile and confusing

• Profitable and easy

• Calm and orderly

• Stable and predictable

What trading strategy does Scott Bauer suggest for oil?

• Avoid trading oil

• Buy at $50

• Consider buying around $45

• Sell at $45