I thought price might start to slip back somewhat after the 'no agreement' was confirmed. I didn't expect [Crude Oil Inventories] to push price back up like it did. Maybe short lived knee jerk. Seeing as nothing has changed the same optimism that ...

That was my thought, however, up until the week before last - most pundits were adamant that the FED could not possibly hike before september and even that was in question. It seems to me that the bullish sentiment only became stronger after Yellen ...

Indeed. Let's see what happens after 02.June OPEC meeting.

That's right:- (1) talk-up the oil price (2) build confidence in long positions (3) convince everyone that 'bullish times are ahead' and the glut has been purged (4) at $55-$60 smart money dumps their positions against retail. (5) The banking ...

Could be interesting.. We have been living within a magnetosphere for millennia so (in my very unscientific opinion) it may not be that alarming. It could be worse, at least it isn't 'fusion-reactor' powered! Nonetheless, I suspect it will drive the ...

When commodities move this strongly on hearsay with little concrete fundamental reasoning, you can be sure there is something else going on. It would make more sense if SA/OPEC/Iran announced "yes, we have all agreed to a unanimous production cut!" ...

It is bizarre.. If Iran has made it clear they are not interested in cutting production and SaudiArabia(SA) will not cut unless 'everyone' cuts then what else is there to discuss at another supposed meeting? *head scratch*

All these rogue traders are giving 'Asperger's' a bad name! Typical routine.. Trader: "sell seeelll SEEEEELLLLLLL.. ..o-oh, I think I just killed my bank" (..Later in court..) Magistrate: "why was he so reckless?" Lawer: "It's not his fault, he has ...