The multiple tops 102.30-102.40 in the last 3 hours should represent HOD's for at least 10 minutes (he said facetiously). But don't hold me to it.
Gunvor,, which was founded in 1997, is the fourth largest crude oil trader in the world after Glencore, Vitol, and Trafigura, and is controlled by Gennady Timchenko and Torbjörn Törnqvist. http://en.wikipedia.org/wiki/Gunvor_(company) Glencore http://en.wikipedia.org/wiki/Glencore Vitol http://en.wikipedia.org/wiki/Vitol Trafigura http://en.wikipedia.org/wiki/Trafigura
http://www.cnn.com/2011/US/03/02/libya.military.options/index.html?hpt=T2 creating a no-fly zone has to begin with an attack on Libya. ----------- Defense Secretary Robert Gates, speaking to a House committee, said creating a no-fly zone has to begin with an attack on Libya. "If it's ordered, we can do it, but the reality is, and people -- there's a lot of frankly loose talk about some of these military options and let's just call a spade a spade. A no-fly zone begins with an attack on Libya to destroy the air defenses, that's the way you do a no-fly zone, and then you can fly planes around the country and not worry about our guys being shot down," he told a House Appropriations hearing. "But that's the way it starts." -- Clinton noted the Arab League statement issued Wednesday that rejected "any foreign interference with -- within Libya on behalf of the opposition, even though they have called for Gadhafi to leave." "The tough issues about how and whether there would be any intervention to assist those who are opposing Libya is very controversial within Libya and within the Arab community," Clinton told the Senate Foreign Relations Committee. "So we are working closely with our partners and allies to try to see what we can do and we are engaged in very active consideration of all the different options that are available."
IV, didn't you get my memo that Uncle Sam is preparing a military attack on Libya? Ya go Yankee! However, this will create a unsightly precedence for the entire region. Let's see if we have the willingness to sack Saudi Arabia if the same violence repeats there.
Much appreciated. Being ignorant that I am, I never heard any of them before. Anyway, is there a way to know just how much daily volume is attributed to these big mofo's? (What does the exchange do with the data, as in "money flow", it collects?)