Nice break out rally in Crude

OPEC is also out saying that the recent drop in prices is due to speculation and that they are willing to act if oil supply surpasses demand. Here is the quote from Qatar Oil Minister

"If there are expectations that demand will fall ... or if supply is actually more than demand OPEC will act to balance supply and demand," Attiyah told Al Jazeera television.

"The recent drop shows that ... speculation has a great role on the fall or the rise of prices and in a dramatic way,"
 
Quote from brocklanders:

I use Reuters North American real-time package. It is good for what you pay ($65/mo). It usually has instant headlines on economic releases. It can be a little hard to search and filter news so you can easily miss something important due to all of the other b.s. that is out there but overall it is a good value as I am not willing to pay $300+/mo for news.
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Thanks, I'll check it out.
 
I've been playing around with the filtering today and you can have separate windows that just filter news by sectors such as Energy, Agriculture, FX etc. and have it auto-update in real-time. It is really hard to follow full stream of news in real-time but you can define custom screens and tailor it to what you are interested in.
 
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