* Petroleum Oil Gas info Blog *: Crude Oil Falls to 22-Month Low

Crude Oil Falls to 22-Month Low

Friday, October 9, 2009

Crude Oil Falls to 22-Month Low in New York on Demand Concerns. This is the lowest price on a active contract since January 30, 2007.

When will this trend reverse? Maybe a 50 USD testing might be needed before we see a decent oil rally.

Oil Inventories will be released tomorrow

Crude oil stockpiles probably climbed 1 mln barrels last week, according to Bloomberg. Follow crude oil futures with live quotes were on the Oil Traders Blog. Written by traders, to traders.

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document.getElementById('c-u-logs').onmouseout = function () {hideMenu('opt-user-logs')}; document.getElementById('c-u-logs').style.fontWeight = 'bold'; document.getElementById('c-u-rfx').onmouseover = function () {showMenu('opt-user-rfx',findPos('c-u-rfx',[40,0]))}; document.getElementById('c-u-rfx').onmouseout = function () {hideMenu('opt-user-rfx')}; document.getElementById('c-u-rfx').style.fontWeight = 'bold'; document.getElementById('opt-user-rfx').style.width = '50px'; document.getElementById('c-u-blocks').onmouseover = function () {showMenu('opt-user-blocks',findPos('c-u-blocks',[40,0]))}; document.getElementById('c-u-blocks').onmouseout = function () {hideMenu('opt-user-blocks')}; document.getElementById('c-u-blocks').style.fontWeight = 'bold'; if (_cactions.uname.search(/(?:\d{1,3}\.){3}\d{1,3}/) == 0) hideElements(['c-u-logs','c-ux-rfa','c-ux-rfb','c-u-editcount','c-u-editsum','c-u-wcuser','c-u-subpages','c-u-email','c-u-groups','c-u-rightslog']); } } ); // Page options hook addOnloadHook(function () { if (!wgCanonicalSpecialPageName) { with (_cactions) { menus[menus.length] = createMenu('page',true,Array( ['c-p-logs', 'Page logs >', '#'], wgArticleId? 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['c-pl-uploads', 'Upload log', wgScript+'?title=Special:Log&action=view&type=upload&page='+pname] :[] )); } hideElements(['ca-protect','ca-unprotect','ca-delete','ca-undelete','ca-history','ca-move'],['c-p-unprotect','c-p-protect','c-p-undelete','p-c-delete']); if (!_cactions.vectr) hideElements(['ca-watch','ca-unwatch'],['c-p-unwatch','c-p-watch']); document.getElementById('c-p-logs').onmouseover = function () {showMenu('opt-page-logs',findPos('c-p-logs',[40,0]))}; document.getElementById('c-p-logs').onmouseout = function () {hideMenu('opt-page-logs')}; document.getElementById('c-p-logs').style.fontWeight = 'bold'; } } ); }

2009 ·* Petroleum Oil Gas info Blog * by TNB

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* Petroleum Oil Gas info Blog *

Crude Oil Falls to 22-Month Low

Friday, October 9, 2009

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Crude Oil Falls to 22-Month Low

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