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

To: Dennis Roth who wrote (184272)	6/12/2014 6:39:55 AM
From: Dennis Roth	2 Recommendations Recommended By evestor LoneClone Read Replies (1) \| Respond to of 206151

Energy Weekly: The Crude Is Out There Weakness In Physical Markets Belie Benchmark Strength. Libyan Turmoil Has Given OPEC Back Some Swagger, For Now 10 June 2014 ¦ 13 pages ir.citi.com OPEC’s Wednesday meeting in Vienna should be uneventful with no change expected to the cartel’s 30-m b/d output target. Global supply disruptions are still running high at ~3.5-m b/d, and both Brent and WTI indicate tight markets. Speculation that the market may need significantly more oil from Saudi Arabia is a complete turnaround from the last few meetings where all the talk was of a looming glut. Libya has been the decisive factor in the turnaround, and with little prospect of Libyan exports getting back over 0.5-m b/d anytime soon, OPEC has regained some of its swagger.