southsider2k5 Posted December 1, 2004 Share Posted December 1, 2004 http://cbs.marketwatch.com/news/story.asp?...teid=mktw&dist= Quote Link to comment Share on other sites More sharing options...
mreye Posted December 1, 2004 Share Posted December 1, 2004 I've been watching that. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted December 2, 2004 Author Share Posted December 2, 2004 Crude is plunging again today. http://cbs.marketwatch.com/news/story.asp?...teid=mktw&dist= Intraday oil is down $7 in two days Quote Link to comment Share on other sites More sharing options...
kapkomet Posted December 2, 2004 Share Posted December 2, 2004 Crude is plunging again today. http://cbs.marketwatch.com/news/story.asp?...teid=mktw&dist= Intraday oil is down $7 in two days I know the inventory reports showed higher then expected inventories. What else is causing it? Watch oil be $65 like they thought about the time the Iraqi elections are held. :puke Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted December 2, 2004 Author Share Posted December 2, 2004 I know the inventory reports showed higher then expected inventories. What else is causing it? Watch oil be $65 like they thought about the time the Iraqi elections are held. :puke A lot of it is profit taking, and the realization that all of the "fears" aka speculation that drove the price in the first place, just isn't there. In reality, crude still should be at about $35ish a barrel, even with terror and supply fears factored in. Quote Link to comment Share on other sites More sharing options...
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