RE:Trade the trend for profits. There is an oil bull on the lprofitmaker wrote: Trade the trend for profits.
There is an oil bull on the loose.
4 PM ET WTI close on Thursday was $45.03, Friday pre-market high $45.74 = +.71 = +1.57 % = +4.730 % UWTI.
Oil rises as Syria fighting intensifies.
Japan has been raising imports from Colombia & Ecuador.
China Oil Demand Grows 10% Year over Year in Aug; Naphtha, Fuel Oil Were Key Drivers.
Japan is looking beyond the Middle East re war concerns.
OPEC oil exports to rise by 450,000 b/d to average 23.92 mil b/d in 4 weeks to Oct 17, UK-based tanker tracker Oil Movements.
Oil rebounds ahead of payrolls, rig data.
Jim Rogers says oil ignoring bad news usually means rebound near.
Geopolitical risk premium continues to push Oil higher.
Blackout at major Venezuelan refineries ends.
European Stocks Rise as Investors Bet U.S. Data Support Optimism.
Good call on this one today as took notice when you stopped beating the down drum. My bank account says thanks as was a very positive day.