Dustinian

3 Reports That Should Indicate Continued Firming of Oil Prices

A good article and I agree. Your last paragraph sums up my thoughts exactly.

I too am long in Petrobras and have been waiting for a pullback to increase my position. This my be the pullback I've been waiting for. Perhaps I will wait to see if the price dips under $31.

Oil Speculators: Watch Out

I think that this is good news (though I am still skeptical as to what steps will be actually be taken).

If last summer demonstrated anything, it showed how many commodities the price of oil impacts, and how wide ranging the impacts of speculation on oil futures can be. A speculation cap would be positive, in my opinion.