OPEC Leaves Quotas Alone For Now.

No cut from the Saturday OPEC meeting.
Cut at the December 17 meeting is assured. 
Could be a dip on Monday as we had a short covering rally into the close on Friday over the possibility the Cartel would cut but no one really expected an output decision at this meeting.
OPEC [...]

Hopefully everyone had a safe and happy first half of the holiday! Now the word for the rest of the week is Football, followed by Exercise. Pretty much everyone needs to watch and do more of each. This will be a short post for a short day as U.S. equity trading closes up shop at [...]

EIA reported a bigger than expected withdrawal Wednesday. If weather were the only factor I would have been looking for a number just under 100 Bcf. However, the recent string of resilient late season injections (despite cooler weather) and anecdotal and statistical evidence that gas-intensive segments of U.S. manufacturing are grinding closer to a halt [...]

 
Distracting weekend; comments will be included in the Monday post along with comments from the Haynesville Shale Expo.

 
Yuck. That was less than fun. Market in full out fear and loathing mode. On to the wrap (comments below table).

1) Misery Continues for Crack Spreads …. As It Does For The Refiners

Gasoline. Though gasoline demand held fairly flat resulting in an decrease in the year over year deficit to only 2% whole prices [...]