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DOE Oil Inventories Back Up (OIH, DIG, USO, OIL)
DOE Oil Inventories Back Up (OIH, DIG, USO, OIL)
We have just seen this week’s latest Department of Energy weekly oil inventory data. The new report is on the heels of a sudden rise in oil prices followed by an almost just as sudden drop in oil prices this week. Fortunately for the consumer, there was a rise in the key inventory data ...
Saudis drop WTI oil contract
ft.com — Published: October 28 2009 20:27 | Last updated: October 28 2009 20:27 Saudi Arabia on Wednesday decided... to drop the widely used West Texas Intermediate oil contract as the benchmark for pricing its oil , dealing a serious blow to the New York ... (more) Saudis drop WTI oil contract
Professional Money Management and Peak Oil
gregor.us — Over the past two weeks I’ve taken the time to read over a new, 68 page Peak... Oil report from Paul Sankey at Deutsche Bank, entitled, The Peak Oil Market . What’s notable about this report is its holistic, comprehensive treatment of the ... (more) Professional Money Management and Peak Oil
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Closing Bell: The big giveback (ADUS, CIT, GRMN, ILMN, LVLT, PALM)
BloggingStocks — ... reading. Maybe it was that oil inventory is back up. And then there is the notion that stocks have just gotten too far ahead of themselves and there were reports of a large strategist cutting GDP targets. But investors sold religiously today ahead of tomorrow's GDP figure. ...

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