US crude oil falls $3 in cross-market rout [NotSoBreakingPrice] - MarketTicker Forums


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User Info	US crude oil falls $3 in cross-market rout in forum [NotSoBreakingPrice]
Guydaley Posts: 15320 Incept: 2007-07-10 Wyoming only ATM Banned	LONDON (Reuters) - U.S. light crude oil fell more than $3 per barrel on Friday in a general market sell-off as poor U.S. jobs data followed weak Chinese figures to deepen worries over the prospects for global economic growth. U.S. crude futures for July fell to a low of $82.56, down $3.97, before recovering a little to around $82.90 by 8:38 a.m. EDT (1238 GMT). (Reporting by Christopher Johnson; Editing by Anthony Barker) I'm getting giddy. ---------- Its called creeping TEOTWAWKI. Just because it doesn't happen all at once doesn't mean it isn't happening. 2012-06-01 12:18:16 Permalink
Ramthebulls Posts: 10860 Incept: 2007-09-24 Queens, NY	As demand continues to slump and inventories mount, oil could go quite a bit lower in coming months. I will be very curious to see if support at $75/barrel holds. ---------- Umbrage is like love. No matter how much someone takes, there's always more for you to give. 2012-06-01 12:25:52 Permalink
Widgeon Posts: 13481 Incept: 2007-08-30 Region formerly known as the United States	bilge ... wrong thread Last modified: 2012-06-01 12:41:40 by widgeon 2012-06-01 12:41:07 Permalink
Attilahooper Posts: 1924 Incept: 2007-08-28 New York, by way of Montreal Canada.	damn I would like to lock in home heating oil if we have a rout. ---------- I like Sloppy Seconds http://www.youtube.com/watch?v=Rf96br9LS.... tribute to Joey Ramone http://www.youtube.com/watch?v=1m5FXPYgx.... 2012-06-01 12:41:46 From PDA Permalink