Hey guys,
Great week for the E&P and service longs and an ignominious ending to the remaining refining puts.
Shortly after the close I heard a slow steady but quiet “plinking” sound coming from the direction of my PC. There was no pulse and it was unresponsive to multiple strings of obscenities. I’ve already taken it to [...]
Crude Thoughts: What The Heck Was That? A second week of seemingly bearish gasoline inventory numbers and we get a mega rally in RBOB the next day? I expected a firm crude market on the back of increasing demand for gasoline production and the lofty international prices but a rally to $65? I didn’t see [...]
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