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Oil falls below $100 #298044
09/10/08 05:25 PM
09/10/08 05:25 PM
Joined: Nov 2002
Posts: 2,443
Belize
Short Offline OP
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Short  Offline OP
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


Live and let live
Re: Oil falls below $100 [Re: Short] #298052
09/10/08 07:09 PM
09/10/08 07:09 PM
Joined: Sep 2002
Posts: 10,850
Beautiful San Marcos, Texas
E
Ernie B Offline
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Ernie B  Offline
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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.


Gun Control is Hitting Your Target.
Re: Oil falls below $100 [Re: SP Daily] #298054
09/10/08 07:24 PM
09/10/08 07:24 PM
Joined: Sep 2002
Posts: 10,850
Beautiful San Marcos, Texas
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Ernie B Offline
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Ernie B  Offline
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AND ? I can only trade in U.S. markets


Gun Control is Hitting Your Target.
Re: Oil falls below $100 [Re: Ernie B] #298055
09/10/08 07:34 PM
09/10/08 07:34 PM
Joined: Sep 2002
Posts: 10,850
Beautiful San Marcos, Texas
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Ernie B Offline
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Ernie B  Offline
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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.


Gun Control is Hitting Your Target.
Re: Oil falls below $100 [Re: SP Daily] #298057
09/10/08 07:39 PM
09/10/08 07:39 PM
Joined: Sep 2002
Posts: 10,850
Beautiful San Marcos, Texas
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Ernie B Offline
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Ernie B  Offline
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WRONG ! U.S. prices set the bar. Why do you insist in distorting the fact ?


Gun Control is Hitting Your Target.
Re: Oil falls below $100 [Re: Ernie B] #298058
09/10/08 07:42 PM
09/10/08 07:42 PM
Joined: Nov 2002
Posts: 2,443
Belize
Short Offline OP
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Short  Offline OP
The source is The Times Online Newspaper from London, England; just follow the link.


Live and let live
Re: Oil falls below $100 [Re: Short] #298059
09/10/08 07:52 PM
09/10/08 07:52 PM
Joined: Sep 2002
Posts: 10,850
Beautiful San Marcos, Texas
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Ernie B Offline
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Ernie B  Offline
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No need Short, I do just fine, thank you.

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


Gun Control is Hitting Your Target.

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