For me 89 daily is important - but gasoline is the dominant price for inflation expectation
Mtl JP 21:51:27 GMT - 06/05/2018
from OPEC ... but not from Russia ?
"No need for Europe to buy US gas at triple the price, will continue imports from Russia – Austria RT
"‘Buying arms is a sovereign decision’ – Qatar FM rejects alleged Saudi threats over S-400 deal" - RT
dc CB 21:14:51 GMT - 06/05/2018
from the Mouths of Crude via ZeroHedge (Crude Mouths?)
The price advantage for crude from U.S. wells “just begs for more exports” of U.S. crude, said Bob Yawger, director of futures at Mizuho Securities USA Inc. in New York.
“People are looking at the talk of an increase from OPEC and especially thinking that the barrels will tend to compete in the Atlantic market with Brent, so that’s pushing Brent down,” said Michael Lynch, president of Strategic Energy & Economic Research in Winchester, Massachusetts.
Mtl JP 21:05:55 GMT - 06/05/2018
nh what was your weekly ma ?
at 65.51 it now sits right on 100dma - which is a pop uP vs that earlier reading
gas man cad. looking for shortage this summer? suv
uas/cad needs strength for I'm at 1.2o at pump but as if?
lkwd jj 19:53:18 GMT - 06/05/2018
though crude has dropped around $7 which should be 28cents in gasoline, havent seen the price at the pump drop..yet. besides the fact that gas futures dropped 20 cents themselves, still no reaction. id bet we see draws in gas but not so much in crude. imho
i posted my crude trade on sun night and will stay the course.
dc CB 19:22:49 GMT - 06/05/2018
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