Brent Steady Above $105 After Poor Manufacturing Data
Easing geopolitical tension coupled with worrisome economic figures pushed Brent crude oil (BNO, quote) to a near five month low on Tuesday.
Energy
GULF COAST PADD 3 The New U.S. Oil Bottleneck
As Cushing supplies decline due to increased logistic options out of the storage hub in the Midwest PADD 2 in Cushing, Oklahoma inventories are rising to elevated levels in the Gulf Coast which eventually will provide the bottleneck and back up oil flows all along the supply and logistics chain.
Trade Alert – New Position – SPWR
Option Alert Service Signal New Trade Suggestion
Crude Oil Rockets on Crimea
Energy bulls are clearly in control this morning especially crude oil bulls. Brent crude (BNO, quote) continues its climb breaking through the $107 level.
Taking Profits – WEC
Option Alert Service Signal Closing Trade Suggestion
Trade Alert – FSLR
Option Alert Service Signal New Trade Suggestion
Geopolitical Tension Keeps Brent Above $106
Brent crude oil (BNO, quote) slid lower on Tuesday after PMI data added to worries about a waning global demand outlook. The commodity traded at 106.63 at 5:20 GMT as the confrontation between the West and Russia helped keep a floor under prices.
Trade Alert New Position – PLUG
Option Alert Service Signal New Trade Suggestion
Trade Alert – New Position
Option Alert Service Signal New Trade Suggestion
Opportunities and strategies behind the reform of chinese SOEs
At the two Conferences (National People’s Congress and Chinese Political Consultative Conference) of 2014, the reform of State-Owned Enterprises (SOE) became a hot topic of discussion among the representatives.