A Royally Dysfunctional, Sociopathic Oil Market

Open market operations - the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system. In every commodity market there are two types of demand: real demand from consumers/users and financial demand from investors. Both types of buyer affect the market price in exactly the same way, but since financial buyers do not use or consume commodities, they must have some way of storing them.