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  • Mick Weinstein: 
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  • seekingalpha.com/aut...
  enough to offset the Gaza warfare?

  Jan 07 10:33 AM | Link | Reply
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  • SA Editor E...: 
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  For now - but that'll probably depend whether current expectations of a speedy ceasefire pan out. Crude's now down 7% to just over $45.

  Jan 07 10:42 AM | Link | Reply
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  • herbert hoover: 
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  There's oil in Gaza?
  
  
  On Jan 07 10:33 AM M. Weinstein, SA Editor wrote:
  
  > enough to offset the Gaza warfare?

  Jan 07 10:42 AM | Link | Reply
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  • dieuwer: 
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  Spot crude is higher than Feb. futures. A sign that inventory numbers are probably bogus.

  Jan 07 10:56 AM | Link | Reply
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  • vboring: 
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  • vboring.blogspot.com
  No, but Iran is getting excited about the Gaza conflict and could cut off oil exports in protest or degrade Iraq's exporting capacity - or threaten to do so.

  Jan 07 10:57 AM | Link | Reply
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  • Storm Cat: 
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  Iran's economy is too dependent on oil to stop exports ,, they can rattle the sabre all they want .. their oil will flow

  Jan 07 11:04 AM | Link | Reply
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  • herbert hoover: 
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  ALL the MidEast oil states need us more than we need them right now. They aren't cutting off anything.

  Jan 07 11:07 AM | Link | Reply
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  • Chris B: 
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  OK, here's your entry point into DXO.

  Jan 07 11:19 AM | Link | Reply
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  • herbert hoover: 
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  Or you can wait a week when oil hits $35 again
  
  
  On Jan 07 11:19 AM Chris B wrote:
  
  > OK, here's your entry point into DXO.

  Jan 07 11:28 AM | Link | Reply
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  • Daryan: 
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  These numbers are clearly bogus and tainted by something or someone.

  Jan 07 11:35 AM | Link | Reply
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  • herbert hoover: 
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  If you think these numbers are cooked, wait till you see Friday's unemployment statistics!!!!!!!!!
  
  
  On Jan 07 11:35 AM Daryan wrote:
  
  > These numbers are clearly bogus and tainted by something or someone.

  Jan 07 11:39 AM | Link | Reply
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  • Storm Cat: 
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  I agree with Hoover ... this small equity rally we've had the past few days (until today) has people believing we've seen the worst of this depression ... unfortunately I think there is another shoe to drop (think credit card debt, Alt A resets, etc)

  Jan 07 12:57 PM | Link | Reply
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  • SA Editor E...: 
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  I doubt the crude stocks are bogus. Actually, they'd probably be a lot higher, except that they're being kept artificially by floating oil in tankers at sea just to keep it out of the monitored stock.

  Jan 07 01:28 PM | Link | Reply