Description: For the last several weeks, oil trader Stephen Schork has been betting that prices would fall. Instead, they kept rising. And every day they ticked higher, he lost money.
- Questions for discussion:
- How did Stephen Schork decide that the time was ripe for shorting oil?
- What contributed to oilâ€™s rise since February and its recent fall?
- What factors might contribute to a rapid return to higher prices?