The Ultimate Betting Forum - View Single Post - Light Sweet Crude

Starman · 14th November 2007, 10:50

$100 per barrel is a self-fulfilling prophecy IMO, and will happen before year-end.

The way the WTI reacted around $90 looked ok yesterday. Having said that, I was expecting a larger bounce this morning (Z7 currently up 70 cents). Inventory data this afternoon should be interesting (a draw of 750k barrels expected).

The big question for me is where does it go post $100.

14th November 2007, 10:50	#2 (permalink)
Starman Gold Member Join Date: Jan 2003 Location: London Age: 38 Posts: 609	Re: Light Sweet Crude - $90.40 $100 per barrel is a self-fulfilling prophecy IMO, and will happen before year-end. The way the WTI reacted around $90 looked ok yesterday. Having said that, I was expecting a larger bounce this morning (Z7 currently up 70 cents). Inventory data this afternoon should be interesting (a draw of 750k barrels expected). The big question for me is where does it go post $100.