CL Redux

Discussion in 'Journals' started by schizo, Oct 9, 2009.

  1. sorry to hear that
    Who is the broker ? You can ask for review of time and sales
    There should credit you back , if your stop reached broker
     
    #19221     Apr 6, 2011
  2. BCE

    BCE

    #19222     Apr 6, 2011
  3. BCE

    BCE

    April 6, 2011, 11:00 a.m. EDT
    Oil holds to gains after EIA inventories report

    SAN FRANCISCO (MarketWatch) -- Crude-oil futures held on to gains Wednesday after a weekly government report showed an increase in oil inventories, with prices ticking up immediately after the report but then trading lower than before the data. Analysts polled by Platts had expected an increase of 1.3 million barrels. Crude for May delivery (NEW:CLK11) added 24 cents, or 0.2%, to $108.53 a barrel on the New York Mercantile Exchange. It traded at $108.64 before the data. The Energy Information Administration reported crude inventories rose 2 million barrels in the week ended April 1. Gasoline supplies decreased 400,000 barrels, and distillates supplies increased 200,000 barrels
     
    #19223     Apr 6, 2011
  4. Short. 108.80 , brent not moving much

    Edit: Brent $1 down from peak , seems giving up some spread back to CL
     
    #19224     Apr 6, 2011
  5. ammo

    ammo

    sh 58,add 80
     
    #19225     Apr 6, 2011
  6. BCE

    BCE

    Strong little sucker isn't it.
     
    #19226     Apr 6, 2011
  7. http://www.reuters.com/article/2011/04/06/markets-energy-nymex-idUSN0630296520110406

    * Muammar Gaddafi is using human shields to foil air strikes on his
    forces, NATO officials said. [ID:nLDE7342BL]

    * Bahraini firms have fired hundreds of mostly Shi'ite Muslim workers
    who went on strike to support pro-democracy protesters, an opposition group
    said, in what appeared to be part of a government crackdown.
    [ID:nLDE73425B]

    * Gulf Arab ambassadors were to meet Yemen's opposition to urge them to
    join mediation talks as protesters around the country again demanded an
    end to President Ali Abdullah Saleh's 32-year rule. [ID:nLDE7350IS]

    * Saudi Arabia has lowered the price of its flagship Arab Light crude
    oil in May to customers in the Mediterranean area from Sidi Kerir, an
    industry source said. [ID:nLDE73510L]

    * UAE Oil Minister Mohammed bin Dhaen al-Hamli said OPEC member
    countries recognized the world economy was fragile, but could do little to
    control a market that was not driven by supply and demand. [ID:nWLA7422]

    * Yields rose sharply in Portugal's short-term debt auction,
    intensifying pressure from local lenders and ratings agencies to seek a
    bailout. [ID:nLDE7350HL]

    * Revised euro zone fourth quarter gross domestic product was unchanged
    at 0.3 percent growth.

    * German February industrial orders rose 2.4 percent, higher than the
    0.6 percent expected but down from January's 3.1 percent rise.


    MARKET NEWS
    * The euro rose to a 14-month high against the dollar, but the yen
    extended a steep decline, amid expectations that the European Central Bank
    will start tightening on Thursday. World shares ticked higher. [MKTS/GLOB]

    * Copper rose to its highest in about a week, as the euro scaled
    multi-month highs against the dollar and on prospects of better commodity
    imports data from China. [MET/L]

    * Gold rallied to a record high, powered by a slide in the dollar and
    by ongoing investor demand for safe-haven assets. [GOL/]
     
    #19227     Apr 6, 2011
  8. Visaria

    Visaria

    Interesting. I would like to see him trade this week though.
     
    #19228     Apr 6, 2011
  9. Certainly is - bit of a turn around too. Now Brent has come off more than a dollar from its high, and CL is off only 60 cents!

    Swings and roundabout as they say :confused:
     
    #19229     Apr 6, 2011
  10. This last leg up to .80 came from. Euro strength.

    Today down dollar is holding. Oil as someone already pointed out

     
    #19230     Apr 6, 2011