Thanks...gave it a go but no luck, when I open the alert window it's just a grey box...I have the free version...maybe that's it.
One day old news , oil price forecast from Goldman sachs For coming weeks/months http://www.reuters.com/article/2011/03/21/markets-energy-nymex-idUSN219725120110321 * Middle East turmoil has led oil speculators to price in a $10 a barrel risk premium on crude, whose price may soon rise further as the unrest threatens to spread, Goldman Sachs analysts said. [ID:nN21298112] * Japan's earthquake, tsunami and resulting nuclear crisis is likely to bring a significant net increase in the country's oil consumption, outweighing any demand reduction due to economic slowdown, the Goldman analysts added. MARKETS NEWS
Good Morning March 21, 2011, 8:17 p.m. EDT Libya oil faces steep hurdles before return to global markets By Claudia Assis, MarketWatch http://www.marketwatch.com/story/story/print?guid=111DCEC6-53E8-11E0-9FD2-00212804637C
March 22, 2011, 3:25 a.m. EDT OIL FUTURES: Crude Lower, But Supported By Middle East Supply Worries By Wayne Ma SINGAPORE (MarketWatch) -- Crude-oil futures were slightly lower in Asia Tuesday after the Japanese government approved the release of more oil reserves to aid quake- and tsunami-stricken areas, but prices were likely to stay supported by U.S.-led air strikes in Libya, which may lead to a prolonged military campaign and further disruption of oil supplies. Brent crude prices could reach $150 a barrel if supplies from another medium-sized exporter were disrupted on top of the lost Libyan supply of more than 1 million barrels a day, analysts at Societe Generale said in a note to investors. "If large-scale unrest were to spread to Saudi Arabia and threaten Saudi crude exports, we could see Brent trade in a $150-$200 a barrel range," they said. On the New York Mercantile Exchange, light, sweet crude futures for delivery in April traded at $101.98 a barrel at 0708 GMT, down $0.35 in the Globex electronic session. May Brent crude on London's ICE Futures exchange fell $0.35 to $114.61 a barrel. "The oil market needs a clear unambiguous signal from the (Organization of Petroleum Exporting Countries) that the lost Libyan production will be replaced--and soon," the Center for Global Energy Studies said in its monthly oil report. "Failure to act in a transparent and decisive way risks a repeat of the 2008 price surge and the subsequent collapse in oil demand and OPEC's revenues." Although demand destruction in Japan is weighing on prices, the country's demand for oil imports will eventually rise due to the loss of nuclear generation capacity, which will outweigh the demand lost because of slower economic activity, Goldman Sachs analysts said in a note. "We estimate that 230,000 barrels a day of combined residual fuel oil and direct-burn crude oil will be required to offset the nuclear generating capacity lost in Japan," they said. "To lose a comparable amount of oil demand in Japan would require an 8.0% decline in Japan's economic activity due to the earthquake and its aftermath." Meanwhile, escalating tensions in Bahrain and Yemen appear to have no resolution in sight, Jim Ritterbusch, president of Ritterbusch & Associates, said in a note. "Although neither country produces a significant amount of oil, their proximity to shipping lanes and the eastern Saudi oil fields will keep these factors deserving of a significant amount of risk premium for weeks to come," he said. Nymex reformulated gasoline blendstock for April--the benchmark gasoline contract--fell 124 points to $2.9850 a gallon, while April heating oil traded at $3.0429, 96 points lower. ICE gasoil for April changed hands at $974.25 a metric ton, down $4.00 from Monday's settlement