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10:14 am
February 19, 2012


Aaron

Costa Rica

Member

posts 4

Post edited 10:20 am – February 19, 2012 by Aaron


I know, I'm crude, but I've opened up this topic for anyone that uses crude for correlation or trades it. Perhaps crickets or even people will join.

Here is what I'm seeing:

12:09 am
February 20, 2012


FXChris

South Florida, USA

Admin

posts 80

Even though Iran is now 'officially' stopping sales to England and France, remember they stopped buying on their own already anyway with the sanctions.  This is mostly Iran trying to preempt the official embargo and act is if they 'Decided' to stop selling to England.  In reality they would sell to Donald Duck right now if he was buying.

If something does not change in a month or so they will either have to start storing the oil everywhere they can find space, or god forbid even lower production… either of which likely drives oil through the roof.

Good article yesterday in FT about this actually.

FXChris

4:05 am
October 17, 2012


manish khatri

us

New Member

posts 2

Dealing in  oil a has always been a profitable business as it is a vendor's industry. This implies that the industry is taken over and determined by the vendor's entrance hall rather than customers.


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