Nother Do-Gooder interference w/ the market - California is the worst offender /// KISS
minimal benefit from maximum expenditure
dc CB 17:08:37 GMT - 03/09/2016
the story is that Crude is higher because of the Draw in Gasoline stocks. What is not said is that this is time of the year that the Blend switches from Winter to Summer, so a draw is to be expected.
Livingston nh 16:58:51 GMT - 03/09/2016
Never mind just lazy -- CU =89%
Livingston nh 16:48:25 GMT - 03/09/2016
PAR - any info on CU? --- seems the draw only came becuz there was no new production
PAR16:44:21 GMT - 03/09/2016
DJ Dollar Weakens After Inventory Data Boosts Oil -- Market Talk
11:40 ET - The dollar lost ground against the euro, reversing earlier gains, after US government data showed that demand for gasoline and diesel fuel was higher than expected, prompting a rally in oil prices. Oil and the dollar tend to move inversely. In recent trade, the euro was up nearly 0.2% against the dollar to $1.1017. "The catalyst happened to come from the energy markets," TD Securities says. Earlier, the euro was weaker against the dollar as investors looked to the European Central Bank's policy meeting this week, where additional stimulus measures are expected. ([email protected]; @Mike_Cherney)
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