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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (56789)	12/3/2004 1:06:14 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 74559

Re: Brent oil was $39.98 today. Bloomberg has it at $39.01 currently. * As you well know, unless it is specifically mentioned, Brent is not the benchmark quote for crude oil. That is West Texas Intermediate, aka "Light Sweet Crude". And today that closed at $43.25 bloomberg.com * And over at the NYMEX, Light Sweet Crude looks to be above the $40 peg for contracts out as far as November, 2006. nymex.com January 2005 43.34 February 2005 43.52 March 2005 43.86 April 2005 43.70 May 2005 43.51 June 2005 43.25 July 2005 42.79 . . . . . August 2006 40.35 September 2006 40.26 October 2006 40.17 November 2006 40.08 *** Your prideful boast seems a bit premature, sir.