CL Redux
- Thread starter schizo
- Start date
Quote from BCE:
Out @.06. That was quick.Corrected. Got a better fill.
Nice job!
I had a couple of bad trades earlier and just made up for them, I longed .61 (just after you longed), and out at .85, and re-entered long just now at .05 and out at .28, and finally I'm back to breakeven after some hair brained trades earlier.
Took a quick peek. That's not fair.Quote from BCE:
Took it off b/e. Shakeout? Not sure where this goes. Lots of resistance.
ADD: Take a break. My humble version of NoDoji leaving her desk.
Oil falls on U.S. debt talks, supply increase
http://www.marketwatch.com/story/oil-futures-fall-ahead-of-inventory-report-2011-07-27
With the U.S. failing to reach any agreement to tackle their debt issues, the <b>probability of a downgrade remains,â the Barclays analysts said.</b>
âThis, <b>along with seasonal illiquidity </b>, is likely to keep the downward pressure on prices intact, as they are caught between the restraining influence of the headline risks, and the support of its own fundamentals,â they added.
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The Energy Information Administration said oil inventories rose 2.3 million barrels in the week ended July 22.
Analysts had expected a decline around 1 million to 2 million barrels.
Gasoline inventories rose 1 million barrels on the week, the EIA said. Supplies of distillates, which include heating oil and diesel, increased by 3.4 million barrels, the agency added
http://www.marketwatch.com/story/oil-futures-fall-ahead-of-inventory-report-2011-07-27
With the U.S. failing to reach any agreement to tackle their debt issues, the <b>probability of a downgrade remains,â the Barclays analysts said.</b>
âThis, <b>along with seasonal illiquidity </b>, is likely to keep the downward pressure on prices intact, as they are caught between the restraining influence of the headline risks, and the support of its own fundamentals,â they added.
---
The Energy Information Administration said oil inventories rose 2.3 million barrels in the week ended July 22.
Analysts had expected a decline around 1 million to 2 million barrels.
Gasoline inventories rose 1 million barrels on the week, the EIA said. Supplies of distillates, which include heating oil and diesel, increased by 3.4 million barrels, the agency added