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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (102054)6/4/2008 8:55:31 AM
From: GREENLAW4-7  Respond to of 206191
 
Oil will play up here as long as it can. I actually think ahead of I-report we could see a squeeze up 1-2 dollars. The trend will not change, and as economy and demand begins to show its contraction it will be fun!

Lots of buying the last 4-6 weeks.



To: Broken_Clock who wrote (102054)6/4/2008 9:02:27 AM
From: CommanderCricket  Respond to of 206191
 
What happened to the 8 million bbls waiting for the fog to lift - LOL



To: Broken_Clock who wrote (102054)6/4/2008 10:47:28 AM
From: Broken_Clock  Respond to of 206191
 
U.S. crude supply drops 4.8 million barrelsFont size: A | A | A
10:39 AM ET 6/4/08 | Marketwatch
SAN FRANCISCO (MarketWatch) -- Crude supplies dropped by 4.8 million barrels to 306.8 million for the week ended May 30, according to the Energy Department Wednesday. Motor gasoline supplies rose 2.9 million barrels to 209.1 million barrels. Distillate stocks were up 2.3 million barrels at 111.7 million barrels. Refinery utilization was at 89.7% compared with 87.9 % of capacity a week earlier. Following the news, July crude was last up 79 cents at $125.10 a barrel.