Can't wait to see how chaotic it'll be once the opening bell rings.

This is intriguing to me as most would see this news as bullish, no?

Taken into consideration that even though Saudi Arabia & Russia are literally at each another's throats over the Syrian issue, the fact that they can sit down peacefully to discuss the crude production speaks volume of how much they're concerned over the current market scenario.

I guess investors or rather speculators were half-expecting that the entire OPEC including Iran would comply with the output freeze instead.

wti has rolled over to apr, edging up...

and this too:

Also pressuring prices, the American Petroleum Institute (API), an industry group, said on Tuesday crude inventories rose by 7.1 million barrels last week, far exceeding expectations of a 3.4-million-barrel rise.

The U.S. government's Energy Information Administration, which said last week crude stocks hit a record high, releases its supply report at 10:30 a.m. ET (1530 GMT).

maybe more swings at 11.30pm.

did u not see this flash at right at 11.30pm?

BREAKING: Oil pares losses as EIA reports 3.5M barrel US crude stockpile build

hard to say. dow is still -2xx.

it can reverse anytime.

think i go watch tv, come back later... 

market totally crude driven.

crude zig-zags, dow follows!

made some ikan bilis with uwti, also took small profit on oih.

where is everybody?!

yep, that's the financial markets at work.

what i read, the shorts are retreating, fresh longs coming in, incl commercial buying.

but the physical surplus may take years to consume:
http://www.bloomberg.com/news/articles/201...is-won-ila2vccq

at this time, i think the broader market bulls are pushing everything higher.

yet, it is precarious - can reverse anytime with the slightest bad news.

for now, i look for wti to touch 37 in the short term.

then, it may fall fast, again...

BREAKING:  Oil sinks; US crude inventories rise by 10.4M barrels
big chance to buy or sell?!

waited all night to buy back oih, no chance!
just off the track a bit...

was watching a movie - "the big short" - based on a true story about a few very sharp people who shorted the housing market in 2007, reaped billions when what they expected happened in 2008 - subprime/cdo's collapsed.

another good one being aired now is tv series "billions" - investment houses, fund managers, insider trading... interesting stuff.

recommended for investors/traders!