Oil falls to $113 in Asia on stronger dollar

Oil falls to $113 in Asia on stronger dollar
Tuesday August 12, 6:32 am ET
By Alex Kennedy, Associated Press Writer
Oil falls to $113 in Asia on stronger dollar, concerns over weakening demand from China

SINGAPORE (AP) -- Oil prices fell Tuesday in Asia to a 3-month low...

www.theoddlot.net

 

I wonder where all of the "$200/gal" Oil People went?

 

They are now screaming "The commodity trade is dead, the commodity trade is dead" Buy financials. Next week. "Financials are doomed buy Ag." Rinse and Repeat.


www.theoddlot.net

 

most of the $200 oil people made forecasts for 2010 and on

 

This is the end of the downside move in crude. There is plenty of accumulation going on in the past week.