Crude - SPR Filled to Capacity

Discussion in 'Commodity Futures' started by CET, Jan 1, 2010.

  1. Bloomberg has been pumping up CL all night with news from the UK, Europe and the America's.

    The cold spell is only for the first 2 weeks and now they are talking about what if until May and what if.

    So far CL has not broke over the 82 which they say will happen today and then 85 and 90 with 95 to 100 very possible.

    Looks like there is a plan again like the past year with crazy dollar moves. Today will be very interesting.
     
    #11     Jan 6, 2010
  2. The US uses their revisions to compensate for their fudged numbers and they talk about China and the Middle East.
    They could learn from the West, I think China did.
     
    #12     Jan 6, 2010