Seeking Alpha | Weekly Oil Market Recap - Position Extreme Squeezes Market Higher Seeking Alpha A confluence of factors saw the making of a short squeeze come together this week in the oil markets. Bearish positions, as we reported in our last week's weekly recap, were at 40% of open interest, and were historically followed by a short squeeze rally. Oil Price Analysis for July 3, 2017 Oil bears retreat as US shale activity eases |