Oil falls below $100 after US supplies decline

Oil prices fell below $100 for the second day after US crude inventories declined by 5.9 million barrels compared with last week when Hurricane Gustav threatened to wreak havoc on oil production around the Gulf of Mexico.

Yesterday, oil fell to $99.56 a barrel — the first time in five months that crude fell below the pyschologically significant $100 a barrel level. Meanwhile New York’s main contract, light sweet crude for October delivery, was trading at $104.02.

http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article4721865.ece

Short, where do you get your quotes on oil prices from ? The NYMEX closed oil at $103. Just curious if you may have some insider.

AND ? I can only trade in U.S. markets

Indian gold prices are not U.S. prices. LBMA are not U.S. prices.Mid East oil prices are not U.S. prices. If you check, U.S. prices set the standard.

WRONG ! U.S. prices set the bar. Why do you insist in distorting the fact ?

The source is The Times Online Newspaper from London, England; just follow the link.

No need Short, I do just fine, thank you.

If youre smart you will follow the U.S. Markets