Energy OverView for August 15, 2011

ALERT: MARKET PARTICIPANTS TAKE A BREATHER

 

Contract Month Last Change BIAS Comment
Crude Oil September 84.98 -.40 Lower Poor Fundamentals should keep pressure on despite retracement rally.
RBOB – Gasoline September 2.9066 .0029 Lower Overall pressure remains, despitecrack spread rally
Heating Oil September 2.8198 -.0024 Lower Demand readings continue to swing sentiment.
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