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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: MJ who wrote (697787)8/23/2005 9:18:12 AM
From: Hope Praytochange  Respond to of 769667
 
jmho: no it is the consensus of the world



To: MJ who wrote (697787)8/23/2005 9:19:14 AM
From: Hope Praytochange  Respond to of 769667
 
September contracts went off the board yesterday in a choppy ending where market dropped almost $1 last hour of trading. October contracts recovered somewhat overnight in the electronically session and recovered $,40/bbl Main supports in the October oil $ 62,75/bbl is a critical level if the current high level should sustain. Resistance are to be found at $67,75/bbl


Concerns over Tropical Depression 11 in the Mexican Gulf also supported prices early in the session. Two other possible storms in the Atlantic were identified but were not organized yet. Markets are still highly sensitive to supply concerns until this week's inventories are out tomorrow.