may be this 104.10 level seems to TRAP new SHORTS in
1/ Brunt is up $2.5 as of now , so expect WTI close positive today
2/ seems first oil TANK destruction ( EDIT: tank NOT refinery )
http://www.cnn.com/2011/WORLD/africa/03/09/libya.civil.war/index.html
CNN's Ben Wedeman reported that an intense artillery bombardment was under way on the western edge of Ras Lanuf.
At least one oil storage tank in the western town of As-sidr was on fire, causing a massive black plume of smoke to rise over the surrounding area including Ras Lanuf, Wedeman reported.
Libyan state television reported that "armed groups supported by al Qaeda blew up an oil tank as they withdrew from Ras Lanouf against the advancing Libyan armed forces."
That message echoed what Gadhafi said in his latest defiant speech that aired Tuesday night on state television. He again insisted that youths misled and drugged by al Qaeda were to blame for the fighting. "For them, everybody's their enemy," Gadhafi said. "They know nothing other than killing."
1/ Brunt is up $2.5 as of now , so expect WTI close positive today
2/ seems first oil TANK destruction ( EDIT: tank NOT refinery )
http://www.cnn.com/2011/WORLD/africa/03/09/libya.civil.war/index.html
CNN's Ben Wedeman reported that an intense artillery bombardment was under way on the western edge of Ras Lanuf.
At least one oil storage tank in the western town of As-sidr was on fire, causing a massive black plume of smoke to rise over the surrounding area including Ras Lanuf, Wedeman reported.
Libyan state television reported that "armed groups supported by al Qaeda blew up an oil tank as they withdrew from Ras Lanouf against the advancing Libyan armed forces."
That message echoed what Gadhafi said in his latest defiant speech that aired Tuesday night on state television. He again insisted that youths misled and drugged by al Qaeda were to blame for the fighting. "For them, everybody's their enemy," Gadhafi said. "They know nothing other than killing."
