Sunday, 22 November 2015

"Goldman eyes $20 oil as glut overwhelms storage sites"

In case you missed it.
This is actually a reiteration of a call Goldman made in September, which idea was shot down by a bunch of idiots demurrers .
Storage and the perception of storage are important, see link below.
December futures have dropped off the board, the new front-month January's were last at $41.46 down 26 cents. With October 2016 contracts at $48.02 there is more than enough room

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