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Archive for May, 2012

May 31st, 2012

Another crude build, another stock draw in US oil stocks

The latest report from the EIA certainly does not help oil prices. The tendency of the last few weeks continued in that we saw build in crude oil inventories and…


May 31st, 2012

Iran’s two important meetings


May 31st, 2012

Technical Outlook: targets lower – use RBOB at 279.23 as a pivot.


May 31st, 2012

Chart Talk 31 May 2012


May 31st, 2012

Overnight headlines 31/05/2012

Good morning, 07:30 am London time
 
July Brent: 103.48 (0.01)
July WTI: 87.98 (0.16)
June Gasoil: 882.75 (0.25)
£/$: 1.5479
Euro/$ 1.2375
 
World News:  
-Asian shares fall this morning while the Euro reaches its lowest level…