GREY:LSTMF - Post by User
Comment by
ltrabson Nov 11, 2011 2:45pm
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RE: couple nice upgrades today!
RE: couple nice upgrades today!
Any thoughts on what's happening to oil prices.
With distillates in storage dropping so fast what are the americans going to do if it's a cold winter ?
Last week storage numbers were extremely bullish:
Crude down 1.37 m barrels wk 4 nov.
Distillates down 6.02 m barrels wk 4 nov. ... down 3.57m wk 28 oct, .. down 4.275 m wk 21 oct,
Gasoline down 2.1 m barrels wk 4 nov.
Analysts so called 1 year targets are nuts. They're all spooked because the are guessing at future prices and can't get it right in this market.
Very few analysts stick with the facts when coming up with a target. IMO