good times! waiting patiently for your what this means post. Please check in when you get done with your beach tan!
rbob still really strong in this energy puke. failed a-down, trying for a-up. u/f and rb/ho both up a nickel since friday. If you gotta be long energy, theres where to be
I might be the first person ever to have gotten a tan while visiting London. Very ominous sign for the market.
look man just cause you are vacation don't shirk your responsibilities. Take a break from pounding shots and chasing birds (London term) and give us the lowdown on this China move.
crude being held up today by products. rb still on a tear, as is front crack. @hoop121 any rumors on final destination for wti-brent? have heard some wild numbers thrown out there, but we are in a "spread ANYTHING against crude" environment
there's an enbridge pipeline north of cushing that was put into emergency maintenance late yesterday due to a 10-16 gallon spillage. it's not much, but the fees can be huge. trades are speculating that is what bid up the flat price and cash roll this morning. but they also think it's a good rally to sell into. no talk about the wti/brent spread this morning. although, i did have dinner with a trader last night who thinks we could possibly see WTI at a premium to Brent next year with all of the Iranian oil and drop in asian demand.