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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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Gunjack
UK
Posted Anonymously
13 years ago
Feb 24, 2011 19:41
And like magic CL drops to 96.50s region....never bet against Lloyd B's boys from fleet street lol!!!
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Feb 24, 2011 19:41
last time oil crashed was on Alexej Miller's comment on oil.... Miller was CEO of Gazprom.
No its the Saudis calming the market. If you buy 10 barrels at USD 110 you'll get one barrel on top , free.
Nor
Lemberg, Canada
Posts: 249
13 years ago
Feb 24, 2011 19:37
why is oil&gold falling? anyone...
surely not because of Putins comments on oil prices earlier :)
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Feb 24, 2011 19:27
tp wti short from yesterday @ 97.46 gold short not sold yet.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Feb 24, 2011 17:45
good, gun.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Feb 24, 2011 17:31
sure ...Suez is the waterway
Gunjack
London, UK
Posts: 1184
13 years ago
Feb 24, 2011 17:26
Catnip - SA have promised to deliver similar grade crude to europe that was coming from Libya...according to article in FT
Gunjack
London, UK
Posts: 1184
13 years ago
Feb 24, 2011 17:24
For any Oil bears on here if it is any consolation am hearing GS commod desk are shorting CL
usikpa
Moscow, Russia
Posts: 77
13 years ago
Feb 24, 2011 12:27
That is correct, Catnip

Russian Urals mix is heavier and harder to refine, to put it simply, and hence always traded with a discount to Brent
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Feb 24, 2011 12:15
btw as I read in a technically oriented paper on oil Italy cannot replace Lybia oil with other, especially not with low grade russian Urals. It can only be replaced with oil from Saudi arabia.
Here the Suez gains importance. The reason is that refineries are adjusted to and even constructed to crack particular crude oil. No matter what happens with oil price, a call on gasoline
is advisable.
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