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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (25826)	6/16/2011 12:40:57 PM
From: TH	Read Replies (1) \| Respond to of 119362

DOW, Well, maybe there is just so much spec oil floating around it trumps that. GT TH

To: DebtBomb who wrote (25826)	6/16/2011 12:44:40 PM
From: Les H	1 Recommendation Respond to of 119362

Oil traders and companies holding stocks of crude and fuel oil ready to cash in on a surge in demand from Japan’s power plants may have bought more than needed. Japan’s oil demand for power consumption has shown little of the expected rise. If traders decide to give up the wait and sell elsewhere, prices of the stockpiled sweet crude grades from Indonesia, Vietnam and Sudan and fuel oil could slide in the weeks ahead. Traders bought crude and fuel oil after the massive March 11 earthquake and tsunami, on the expectation Japan would burn more oil at power plants as it looked to plug the gap in electricity supply due to shutdowns at nuclear reactors hit by the disaster. calgaryherald.com