The Saudis and OPEC have lost pricing power although the threat of OPEC production cuts still seems to worry the hedge fund boys for some reason....
Would have been even nicer if I hadn't taken my profits too soon. Ultimately the market over-reached (again) and took out even more than the storm...
Most the the talking heads are saying that demand is outstripping supply.... So Jim Rogers just joined the queue, albeit a little late. Hardly...
I'll typically let crude run up to $1.50 against me if I'm fairly certain that trend and momentum are in my favour. Also, I figured crude would...
Seriously, the physical guys are bearish right now.... It's the hedge funds who think like the crowd and who've pushed crude beyond "fair...
In my experience, natgas is the 2nd most volatile market in the world. FFA's (freight forwards) are the most volatile (in recent times)... You...
Read my Ernesto thread. All the Ernesto storm premium factored in late Thursday evening. Now that it's looking like missing the Gulf entirely the...
Yup, long term demand is starting to fall. Which is why the majors have quietly issued orders to get the price of crude down.... It doesn't really...
Looks like it might swing through Cuba and blow itself out... Holding thumbs we don't get it anywhere near the Gulf and that the $1 odd storm...
The nice thing about going to an office is that you have a buffer (commuting) time before coming home and unloading the stresses of your day. If...
The only potential hurricane we've seen so far and it's having a massive effect! Talk about an over-reaction. Ok, so I'm short Dec crude at 73.50....
Yeah but I think the worriers didn't do enough homework on the religious significance bit..... I can't imagine that any terrorist would have done...
All I know about said Mr. Rogers is that he packed 3 pairs of underwear and 2 bow-ties (amongst other things) to travel round the world. Now...
Platts and Argus for physical fundamentals (for crude, natgas, coal, power, emissions and freight). However, the paper traders / funds are...
Got stopped out on my long natgas position but more than covering this on my short crude position. Think crude is due for a bit of strength...
I agree with this. Crude has failed to push higher on some very bullish news lately. Physical traders seem to be mandated to get oil prices lower...
BP was able to cover by purchasing spot but I believe Conoco has declared FM for their supplies out of Prudhoe. I hardly think this will have any...
Except this time it's the funds flattening out the curve. Metallgesellschaft really should have known better, especially as crude was more...
Not sure about your question.... In my experience crude moves faster than products so the crack spread is not really going to help you scalp crude...
They don't necessarily stop going up. Many oil companies will hedge against an index for their long term production and then structure a linked...
Separate names with a comma.