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 […]
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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