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Crude Oil Futures - May 15 (CLM5)

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57.32 0.00    (0.00%)
17/04 - Closed. Currency in USD ( Disclaimer )
Type: Commodity
Group: Energy
Unit: 1 Barrel

  • Prev. Close: 57.32
  • Open: 57.32
  • Day's Range: 57.32 - 57.32
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Crude Oil 57.32 0.00 (0.00%)
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Crude Oil Streaming Chart

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Latest Crude Oil Comments

Creme_francaise Gaston
Creme_francaise Gaston Apr 19, 2015 08:53PM GMT
57,30 $ ????
Estvon Revo
Estvon Revo Apr 19, 2015 08:57PM GMT
may contract
Creme_francaise Gaston
Creme_francaise Gaston Apr 19, 2015 08:58PM GMT
Red Hot Scorpion
Red Hot Scorpion Apr 19, 2015 09:03PM GMT

Steve Fenety
Steve Fenety Apr 19, 2015 08:24PM GMT
I sometimes wonder if the classical model of increasing productivity through mergers and acquisitions actually does protect an industry. It reduces cost immediately but it also reduces competition. Some might say that the reason the shale sector has grown so fast is partly because there is so much competition; i.e. the best workers can join the best producers;new technology will always find an owner willing to give it a try, production can be expanded or reduced at the drop of a hat; the best credit goes to the best companies. Maybe, just maybe, this sector can function as the swing arm globally better without consolidation. Heresy?

Steve Fenety
Steve Fenety Apr 19, 2015 08:08PM GMT
This week will be pivotal. Either we head back to a range that promotes bankruptcies and take-overs or we climb to a range that brings on the capped production with contracts that will not be worth the paper they are written on the day the music dies. I recall a day when the "guaranteed" derivatives written on US mortgages ceased trading in 24 hrs.in Canada (the Asset Backed Commercial Paper Crisis about a year before the 2008 collapse in the USA). People holding derivatives should always remember that they are not protected by any investment institutions.At least the futures will be worth a barrel of oil.
Steve Fenety
Steve Fenety Apr 19, 2015 08:10PM GMT
1000 barrels actually assuming you can do something with it.
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