Master’s Sell-off Archive
Reuters: Crude update
Oil
Sep 10, 2008
[Skip to the end] The ‘demand destruction’ still leaves a net increase in demand, just smaller than anticipated. While the US is using a tad less gasoline, consumption elsewhere has picked up. And this is with a weak world economy: NYMEX-Oil steadies on OPEC output cut by Rebekah Kebede Meanwhile, the International
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Re: Crude oil pricing
[Skip to the end] (an email exchange) > > On Thu, Aug 7, 2008 at 7:15 AM, Scott wrote: > > crude moves further in backwardation. > Right, indicating futures buying subsiding and inventories not above desired levels for commerce. > > CL vs brent now 160 over vs 120 under 2 weeks ago! >
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