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Crude Oil Futures - Aug 15 (CLQ5)

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55.52 -1.41    -2.48%
03/07 - Closed. Currency in USD ( Disclaimer )
Type: Commodity
Group: Energy
Unit: 1 Barrel

  • Prev. Close: 56.93
  • Open: 56.54
  • Day's Range: 55.42 - 56.78
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Crude Oil 55.52 -1.41 -2.48%
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Crude Oil Contracts



   
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Latest Crude Oil Comments

tom carter
tom carter Jul 04, 2015 02:54PM GMT
lowlander woman nowhere to be seen, no surprise there, on the wrong side of the trade and will forever be on the wrong side, a bloodbath will happen next week for sure
Hans Moleman
Hans Moleman Jul 04, 2015 03:16PM GMT
Short is the trade Carter. I believe it will be lower by the end of next week, but if Greece votes yes on Sunday, everything including oil, whether its warranted or not, will increase Monday and possible Tuesday.

Steve Fenety
Steve Fenety Jul 04, 2015 02:46PM GMT
My main concern is that I suspect the spot price this week has forced more oil into storage as the contango has strengthened in the futures. The key is that Brent spot has been several dollars below Brent near futures up until two weeks ago and I suspect that is again the case. WTI spot, on the other hand, was very close to the near term futures in June. However the Brent sustains that gap, it disguises the potential for offshore oil to price below domestic oil and opens the possibility to a price arbitration that can quickly alter the relative competitive positions. The Brent chart is dismal, and I suspect that the underlying cause is that their demand/supply situation is much more serious than in the USA.
Steve Fenety
Steve Fenety Jul 04, 2015 02:49PM GMT
Price arbitrage, not arbitration. (Wouldn't THAT be lovely?)
tom carter
tom carter Jul 04, 2015 02:51PM GMT
oil crash in cue mate, didn't read a word you wrote, all nonsense

tom carter
tom carter Jul 04, 2015 02:36PM GMT
MILAN, LEO, MATTTHIEU AND DAVY CROCKETT, you all speak sense, do not worry your little cotton socks, people will soon join our cause, don't fight the bears, just feed them bull meat to power us down to the 54s and 53s for sure next week, API will be weak weak weak, EIA the same, 50s soon after releasing of this news, by then the bulls that didn't listen will have hit margin call, then the real traders will be left, the ones that have shorted, the ones that the new that shorts are the only cause of extra money in our pockets, no more bulls will power us to $45 once again and don't expect it to stop, join the trend as leo says, don't look for revearsal, just let the deluded do that, who will soon be back in work paying paycheque to paycheque as there accounts have been washed, they will see the light as I have in there dreams soon after, as I have, and realise short remains the trade for profit and the only way to earn profit, GLTA
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