More Bullishness for Oil Heading into 2010 [View article]
one forgets that as one should not short a boring market ( which this one clearly is not ), one should not bet on the relative calm in the middle east continuing.
a friend of mine returning from business in Lebanon, then Jordan has been told and just plain senses, there is a calm , now, before a storm. 3 days of a closed straits of Hormuz and further degradation of Nigerian supplies is the sunami---not OPEC cuts , which, by the way always kick in again and deeper below $60.
No, I believe largely in the above article, primarily for the same reasons. I have no horses in this race any longer but plan to in August.
More Bullishness for Oil Heading into 2010 [View article]
a friend of mine returning from business in Lebanon, then Jordan has been told and just plain senses, there is a calm , now, before a storm.
3 days of a closed straits of Hormuz and further degradation of Nigerian supplies is the sunami---not OPEC cuts , which, by the way always kick in again and deeper below $60.
No, I believe largely in the above article, primarily for the same reasons. I have no horses in this race any longer but plan to in August.