Well, as in most markets, oil price is determined "at the margin". And it seems that those last few barrels of demand which determine price "at...
$60/bar long-term? For exploiting Golf of Mexico deposits? I really don't know WHERE people get their numbers from! In truth, the market...
Here's another take on the issue of US gov intervention in the stock market: http://www.sprott.com/pdf/pressrelease/TheVisibleHand.pdf
The entity I have in mind is ESF (Exchange Stabilization Fund), PPT etc. Depending on the market, probably masked behind some "Carribean funds"....
local, I think it's quite obvious that they do it to create/maintain the "wealth effect" and keep US consumers spending. The US did it by creating...
I wonder what Goldman was doing today...
guy, I quote from your page: "The reason, I believe, that day traders favor the ES is because of the smaller contract value (5 times smaller)...
FORGET NYMEX emiNY QM, trade the REAL contract at IPE (symbol @ IB is COIL) It's for Brent, not WTI Light sweet crude oil
Gringinho, there's strong evidence that the oil price nowadays is set by speculative capital. IMO the single biggest factor was US role: not...
I've been saying it for YEARS, that traders should press CME to use same ticksize for ES and SP (apparently they resist, so that floor traders can...
Off-topic for bonds, but if LOOP goes offline, wouldn't it necessarily REDUCE oil imports into the US (create a bottleneck). Freeing this spare...
It's my understanding that any damage in pipe infrastructure or LOOP will slow down / inhibit imports of crude oil to US. And btw, US is not...
Why? I don't understand the usefulness of polls on short-term market direction, especially on SPX (other than perhaps as a sentiment...
I didn't see anyone of those posters, who claim that oil can only go higher, attempt to address the facts of short-term (next 6-12 months) and...
I agree. It's quite unbelievable how many people will simply REFUSE to look at the FACTS. Just the facts please! 1/ US 2005 demand FLAT...
I assume you know that China's oil imports were DOWN -1.2% YoY for the first 5 months of 2005. Andy Xie (Morgan Stanley chief economist for...
Jay, since you work in the oil industry, would you say that a temporary disruption due to weather (as long as it's not a catastrophic...
"Just follow the money" As long as you agree with the rest of the "funnymental case".
This oil bubble, driven by WallStreet speculation in the futures markets, is dependant on media misinformation to keep going. Oil stocks are at...
Or people may finally wake up to the conjob of ES tick being 0.25 and either pressure CME to change it to 0.1 This is even more imperative...
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