CL Redux
- Thread starter schizo
- Start date
Back for a sec and then gone again. 
Here's the scoop.
March 1, 2012, 3:38 p.m. EST
Oil tops $110 amid Saudi pipeline talk
SAN FRANCISCO (MarketWatch) -- Oil futures broke through $110 a barrel in electronic trading after the close of New York floor trading Thursday. Oil for April delivery rose as high as $110.55 and recently traded up $1.11, or 0.9%, from its Thursday settlement of $108.84 a barrel. PFG Best oil analyst Phil Flynn said traders were running up oil prices on reports of a Saudi pipeline fire. An Iranian state-run broadcaster reported an explosion in the city of Awamiyah but provided few details. Darin Newsom, senior oil analyst at Telvent DTN, said headlines on a Saudi pipeline "sparked a surge in the market that triggered buy stops." In floor trading, oil had rebounded on largely positive U.S. and Chinese manufacturing data and a slightly softer U.S. dollar.
Here's the scoop.
March 1, 2012, 3:38 p.m. EST
Oil tops $110 amid Saudi pipeline talk
SAN FRANCISCO (MarketWatch) -- Oil futures broke through $110 a barrel in electronic trading after the close of New York floor trading Thursday. Oil for April delivery rose as high as $110.55 and recently traded up $1.11, or 0.9%, from its Thursday settlement of $108.84 a barrel. PFG Best oil analyst Phil Flynn said traders were running up oil prices on reports of a Saudi pipeline fire. An Iranian state-run broadcaster reported an explosion in the city of Awamiyah but provided few details. Darin Newsom, senior oil analyst at Telvent DTN, said headlines on a Saudi pipeline "sparked a surge in the market that triggered buy stops." In floor trading, oil had rebounded on largely positive U.S. and Chinese manufacturing data and a slightly softer U.S. dollar.
courtesy of ajcshr.. http://www.thearabdigest.com/2012/03/saudi-arabias-eastern-revolution.html
GM
Just wanted to check in for a second. I probably won't be posting much today as I have a lot going on right now.
Not sure what we'll get today as from what I can see there's nothing obvious going on. No economic reports or anything that I can see. Of course there's always the possibility the unexpected can arise like the Saudi pipeline report late yesterday. Absent anything like that we may just have a choppy, drifting, traders messing with it, light volume day.
Best wishes to all of you for a successful trading day and a good to great day in general. I may check in from time to time. If not have a great weekend.
Just wanted to check in for a second. I probably won't be posting much today as I have a lot going on right now.
Not sure what we'll get today as from what I can see there's nothing obvious going on. No economic reports or anything that I can see. Of course there's always the possibility the unexpected can arise like the Saudi pipeline report late yesterday. Absent anything like that we may just have a choppy, drifting, traders messing with it, light volume day.
Best wishes to all of you for a successful trading day and a good to great day in general. I may check in from time to time. If not have a great weekend.
One last thing, NoDoji, I hope you'll see this. I was going to send you a PM this morning but see that's not an option now. Or email you but I guess that's not an option either. I'll try to hook up with you on Skype I guess as I do want to keep in touch. Hopefully that will work.
I know that except for a few confused souls you'll be greatly missed here at ET. And I know that many, many people here wish you every happiness.
"And in the end the love you take is equal to the love you make."
~ George Harrison
I know that except for a few confused souls you'll be greatly missed here at ET. And I know that many, many people here wish you every happiness.
"And in the end the love you take is equal to the love you make."
~ George Harrison