Crude Oil outlook
May 26, 2010 Administrator Crude Oil, Crude Price Outlook, Euro, Euro Zone Crisis, Trade Ideas, Trading,
Interesting whiplash action today compared to yesterday as crude rises by almost 4% despite an EIA reported rise in crude inventories and a drop in gasoline stocks, an improvement in durable goods orders and the first decline in 10 weeks at the inventory number in Cushing, OK where deliveries for the WTI crude oil contract [...]
Crude Oil, Crude Oil outlook, Crude Oil price today, Crude Oil trading ideas, Euro crisis, Europe, NYMEX futures, Oil ETF, Oil prices, Options, Price updates, Trading Oil, USO
April 7, 2010 Administrator Uncategorized,
More from Nauman’s note at InvestBank The Crude oil market like any other financial market is also a function of available liquidity in the system. Considering trading volumes as a proxy to the market liquidity, there was a marked increase observed in oil trading volumes during the later part of 2006, leading to an increase [...]
Crude Oil liquidity and trading volumes, Crude Oil outlook, Crude Oil prices, Crude oil volatility
April 6, 2010 Administrator Uncategorized,
Great article in FT describing Saudi Arabia as the central bank of oil, targeting physical availability of crude oil versus price levels, the resulting central bankerisque inaction and its impact on future crude oil prices. I was wondering what would happen to this role when Iraq is done bringing its 12 million barrels of production [...]
Crude Oil and Saudi Arabia, Crude Oil outlook, The Central Bank of Oil