Oil & Gas 01 (May 08 - Jul 08)

Re: Oil & Gas

Postby kennynah » Tue Jul 22, 2008 12:24 am

does poem offer "live" datafeed and "live" trading? thanks.
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Re: Oil & Gas

Postby HengHeng » Tue Jul 22, 2008 12:29 am

live datafeed and trading i thnk have .. but u want charts and graphs i think dun have..

interface pretty cheapo though i'm using them.. coz i trust local firms as compared to foreign .. coz just look at bear sterns and other brokeages..
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Re: Oil & Gas

Postby winston » Tue Jul 22, 2008 10:01 pm

Good for Equities; Bad for Gold

===============================

Oil Falls on Forecasts Storm to Miss Gulf Platforms, Refineries
By Mark Shenk

July 22 (Bloomberg) -- Crude oil fell on forecasts that a tropical storm in the Gulf of Mexico will miss oil fields and refineries, easing concern that supplies will be disrupted.

Oil rose for the first time in a week yesterday as Tropical Storm Dolly moved into the Gulf of Mexico, which accounts for about 25 percent of U.S. oil output. The storm is forecast to come ashore tomorrow near the Texas border with Mexico, south of the fields, the National Hurricane Center said today.

``It looks like Dolly will be a big rainmaker and nothing else,'' said Kyle Cooper, an analyst at IAF Advisors in Houston.

``Last week the bulls got knocked around,'' said Phil Flynn, senior trader at Alaron Trading Corp. in Chicago. ``I think there's been a major change in market psychology.''

Production Platforms

Petroleos Mexicanos, Mexico's state oil company, produces about 1.07 million barrels of oil a day in the Bay of Campeche, which is south of the storm's track. Dolly isn't expected to reach company platforms after it enters the Gulf, Petroleos Mexicanos spokesman Javier Delgado Pena said yesterday.
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Re: Oil & Gas

Postby kennynah » Tue Jul 22, 2008 10:13 pm

oil dropped ~$4 as of now

1010pm +8gmt 22jul08
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Re: Oil & Gas

Postby LenaHuat » Tue Jul 22, 2008 10:34 pm

:D :D Good News. :)
The oil traders can't kill the golden goose (the world economy) that lays the golden eggs.
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Re: Oil & Gas

Postby mojo_ » Wed Jul 23, 2008 12:14 am

Oil down by $5!

hmm... could there be some merit to that earlier debka.com conspiracy story about U.S.-Iran "cooperation" on oil prices? Image
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Re: Oil & Gas

Postby blid2def » Wed Jul 23, 2008 12:34 am

And then you remember...

休息是为了走更长远的路。。。 :lol:
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Re: Oil & Gas

Postby kennynah » Wed Jul 23, 2008 12:43 am

o'reily? i tot rest because wana eat snake?
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Re: Oil & Gas

Postby HengHeng » Wed Jul 23, 2008 2:59 am

personally i think prices won't go below 120.
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Re: Oil & Gas

Postby kennynah » Wed Jul 23, 2008 3:00 am

i oso see 122 as the support for a major rebound....possibly...how to know for sure, right..?
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