Oil traders see good in future with "near perfect conditions". Oil traders are comparing the current market to the year after the 2008 oil crash. Traders with significant storage space haven't been more confident in the market since 2009. "I haven’t been more positive about trading conditions since 2009," said Torbjorn Tornqvist, head of trading house Gunvor, one of the world's largest independent oil dealers, told Reuters. Traders with the access to storage are buying today at $58 per barrel and looking to sell it down the line fore $65+.
Experts are predicting the "winners" of the market as the ones with access to the most storage. Since 2009, oil majors have increased storage capacity and transformed refineries into storage holding their advantage. With Europe almost at capacity more barrels are being transported into U.S. The U.S with a lavish amount of storage capacity, traders with a recognizable presence here are expecting record profits.
http://www.businessinsider.com/r-best-party-mood-for-oil-traders-since-2008-price-crash-2015-2
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