Oil Slick Stuff

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I kept my Klunker and am saving $450 a month payment (At least), higher insurance and TAXES!!! That means it cost me way less to drive 100 miles than if I would have traded in the 17 mile a gallon Klunker!! :D
 
09/18/2009 - Updated 3:33 PM ET
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Crude-oil futures slip Friday, but gain nearly 4% on the weekNatural gas surges 27% for the week
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By Nick Godt,

MarketWatch
NEW YORK (MarketWatch) -- Crude-oil futures fell for a second day on Friday as the dollar gained back some ground after sliding to yearly lows earlier this week, while markets grappled with the usual volatility of options expiration.
.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7BEBC4DC02%2DF45A%2D4AB9%2DB67C%2D6D0B2EDE16AE%7D
 
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I will be TDY the 22nd, 23rd and 24th, so I'm going to set Oil Slick Stuff to the AUTOMATIC MODE. If you need a quote follow the HOME link in my signature and click on the links:
NYMEX Light Sweet Crude: [CLICK] LS Crude Oil
And
NYMEX NYH RBOB Gasoline: [ CLICK] NYH RBOB Gasoline

See you Thursday night!! :cool:
 
09/21/2009 - Updated 12:42 PM ET

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Oil falls for third day on stronger dollar, demand concerns
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By Moming Zhou, MarketWatch

NEW YORK (MarketWatch) -- Crude-oil futures fell Monday for a third session, moving below $70 a barrel for the first time in a week, as a stronger dollar weighed on commodities prices and as concerns about weak demand continued to dampen trading sentiment.
The decline came even after data indicated that the U.S. recession is bottoming out and a recovery is near. Investors were also awaiting the Federal Reserve's two-day policy meeting starting Tuesday. Meanwhile, leaders of the world's most powerful economies will meet in Pittsburgh later this week for the Group of 20 summit.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7BAC40EC31%2D0465%2D499B%2D8FAE%2DDC4BDA996F0F%7D
 
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Hey, I"M BAAACKKKK!!!!!!!!! Thanks for the help Buster, I didn't have access to the internet and just had to let it hang!!:(

09/25/2009 - Updated 6:17 AM ET

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Crude futures rebound modestly after steep sell-off Goldman Sachs raises demand, supply forecasts; price projections affirmed
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By Polya Lesova, MarketWatch

FRANKFURT (MarketWatch) -- Crude-oil futures rose above $66 a barrel on Friday, rebounding modestly after tumbling to two-month lows in the previous session.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=COMMODITIES&guid=%7BD1E50FFF%2D9538%2D4853%2D82B8%2DFF3BCFFD342E%7D
 
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Is the Market following Oil or is Oil following the Market? :confused:


09/25/2009 - Updated 3:48 PM ET
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Oil rises, but weekly loss biggest in two months

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By Moming Zhou, MarketWatch & Polya Lesova, MarketWatch

NEW YORK (MarketWatch) -- Crude futures ended Friday's volatile trading up slightly, rising for the first session in three after the release of mixed economic data. But futures tumbled more than 8% this week, the biggest weekly loss in more than two months.
Crude for November delivery rose 13 cents, or 0.2%, to end at $66.20 a barrel on the New York Mercantile Exchange, after dropping as low as $65.05, the lowest level for a front-month contract since July 30.
http://markets.usatoday.com/custom/...S&guid={D1E50FFF-9538-4853-82B8-FF3BCFFD342E}
 
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09/28/2009 - Updated 6:22 AM ET
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Oil futures edge lower after last week's 8.4% tumble
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By Polya Lesova, MarketWatch

FRANKFURT (MarketWatch) -- Oil futures edged lower early Monday after last week's steep decline, as modest dollar strength and falling global equity markets weighed on market sentiment.
Crude oil for November delivery fell 41 cents, or 0.6%, to $65.61 a barrel in electronic trading on Globex.
Oil futures tumbled 8.4% last week, posting the biggest weekly loss in more than two months.
http://markets.usatoday.com/custom/...S&guid={5E02D912-3C5A-435B-9D85-55B9B5007A99}
 
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I firmly believe now that OIL trends are the true indicator (lately) of how the markets will go (S fund at least)..When Oil starts it's up trend again, I'm back in.;)
 
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