Crude oil outlook – oil rises above 73, euro breaks 1.23

May 27, 2010 Administrator Crude Oil, Crude Price Outlook, Euro, Euro Zone Crisis, Trade Ideas, Trading, Uncategorized, 0

Asia and brighter prospects for a stronger US recovery pushed crude oil beyond 73.32 dollars at NYMEX in electronic afternoon trading in Europe. Euro recovered part of its weakness and pushed pass 1.23 to a US dollar. By the time New York opens for business, oil should make a smart recovery and possibly break 75 dollars to a barrel before the day is done. All eyes on USO J    

Crude Oil, Crude Oil trading ideas, Euro crisis, Europe, Oil ETF, Options, Price updates, Trading Oil, USO

Oil price outlook – Oil up again in early trading in Asia, Euro picks up slack Trading crude oil volatility – Crude oil future spreads are at it again.

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