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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (37063)9/13/2005 8:57:59 PM
From: regli  Read Replies (1) | Respond to of 116555
 
>>And yes, it is a no brainer that China would not be that stupid to fill their reserve now at an all time high oil price<<

Who knows, we might be looking at much higher CL prices in the not so distant future. A Ghawar announcement or even credible rumour would do the trick instantly.

EDIT Note that filling the SPR in the U.S. was considered foolish at a CL all time high of $45.


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