Oil Traders Adrift Without Positioning Data Amid Shutdown

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Rick Bandazian trades oil, writes a newsletter on what he calls “asymmetric trade opportunities” and hosts a YouTube show with tips on making money in the market, doled out from his office in a converted fire house.

The former investment banker and buy-side analyst with 25 years of experience has a calm, confident demeanor and he speaks with authority about complex trading issues. But when the host and author of Offsides Macro learned that key government data coveted by oil traders wouldn’t be released during the government shutdown, his reaction was “sh-t, now what?”