Recent Topics
Buick Rendezvous - LIM Gasket - Ideas?
by Nick1994
01/29/15 05:50 PM
Online Fax service, anyone use it?
by Rat407
01/29/15 05:02 PM
Starting problems
by GreeCguy
01/29/15 04:35 PM
New Air Force One
by JDW
01/29/15 04:33 PM
Multi-Functional Additive
by MolaKule
01/29/15 03:34 PM
2015 VW GTI OCI
by Michael58
01/29/15 03:23 PM
Green VS Orange
by TxRonnie
01/29/15 02:51 PM
Hyundai says very light 'ping is normal'
by wemay
01/29/15 02:24 PM
PCMO In A New Ecodiesel Part Deux!
by Volv04Life
01/29/15 02:22 PM
is maxlife ATF really THAT good?
by friendly_jacek
01/29/15 01:50 PM
Antique home fax machine...
by apwillard1986
01/29/15 12:50 PM
lost wheel lock
by MetalSlug
01/29/15 12:47 PM
Newest Members
cuteo101, babs, Michael58, jthacker, OliveH5
52658 Registered Users
Who's Online
107 registered (901Memphis, 90crvtec, 72te27, AandPDan, Al, 1034, 7 invisible), 1646 Guests and 170 Spiders online.
Key: Admin, Global Mod, Mod
Forum Stats
52658 Members
66 Forums
225750 Topics
3592578 Posts

Max Online: 2862 @ 07/07/14 03:10 PM
Donate to BITOG
Page 2 of 2 < 1 2
Topic Options
#2549099 - 02/26/12 11:57 AM Re: Saudis & Oil Speculators [Re: buster]
Y_K Offline


Registered: 05/29/09
Posts: 1123
Loc: WA (USA)
Look at global demand, gentlemen. Even motor oil base stock manufacturers can not keep up.. Global demand is UP.
As for limiting trading opportunities, it will backfire disproportionally. The less liquid the market, the easier to manipulate it.
_________________________
Corruptissima republica plurimae leges
"The first step in community organization is community disorganization." - Alinsky

Top
#2549411 - 02/26/12 05:26 PM Re: Saudis & Oil Speculators [Re: buster]
friendly_jacek Offline


Registered: 05/04/03
Posts: 5669
Loc: southeast US
I checked the large speculators positions (free COT data) and they did spike recently indeed. However, they are still not as high as a year ago when Libian war started. So, the oil could go a bit higher before falling down. If Iran war materializes, all bets are off.

Top
#2549441 - 02/26/12 05:54 PM Re: Saudis & Oil Speculators [Re: friendly_jacek]
friendly_jacek Offline


Registered: 05/04/03
Posts: 5669
Loc: southeast US
Correction: The gasoline futures speculation by large speculators (ie banks, pension funds, mutual funds and hedge funds) is indeed much higher that it ever was before. Small speculators are also heavily in. This is good news because prices tend to go lower after all speculants are in. Unfortunately, there could be a couple of months lag time.

Top
#2549677 - 02/26/12 09:30 PM Re: Saudis & Oil Speculators [Re: spock1]
fsskier Offline


Registered: 07/22/08
Posts: 792
Loc: Iowa
Its great to hear what Lindsey Williams thinks. Now, if Homer Simpson and Kermit-the-frog would offer their equally knowledgeable opinions we would have a balanced view.

Top
Page 2 of 2 < 1 2