touched 42.

the force is strong with this one.

30 more min.... see if i lose a pack of bilis or a grouper. 

braveheart.

i already checked out...

loss partially offset by some realized profit from oih.

but really, hard to see it going up further before a pause.

ya, next will be 43.

inventory data will be a factor.

been a lousy session, goodnight.

u might get a chance tonight.
Crude rallied hard during Tuesday's session, but gave up some gains in electronic trading when the American Petroleum Institute released its weekly report showing a large, 6.2 million barrel increase in supply. That could make the U.S. Energy Information Administration release of weekly data Wednesday an even bigger than normal event.

dwti, anyone?
in 111.50.

this one, maybe keep till monday.

i'm betting on "zero opec result".

Well,...I'm right - that Salman fella changed his mind :-

DOHA | BY RANIA EL GAMAL AND REEM SHAMSEDDINE

A meeting between OPEC and non-OPEC oil producers on an agreement to freeze output ran into last-minute trouble in Qatar on Sunday due to a new request by OPEC' s de facto leader Saudi Arabia, sources told Reuters.

Oil ministers were heading into a meeting with the Qatari emir, Sheikh Tamim bin Hamad al-Thani - who was instrumental in promoting output stability in recent months - in an attempt to rescue the deal designed to bolster the flagging price of crude.

" There is an issue. Experts are discussing how to find an acceptable solution. I' m confident they will come up with a solution," one of the sources said.

According to another source, Saudi Arabia said it wanted all OPEC members to participate in the talks, despite insisting earlier on excluding Iran because Tehran does not want to freeze production.

regret selling 1/2 of dwti.

Why should WTI be down by 5% tonight ? The effect should have started by now,... traders won't wait until daytime at their side,..

what an eventful evening! crude simply recovers fast and sure. seems like it can ride thru the 'uncertain' hour at 2.30 because i had long indices at KLSE and Hang Seng call warrants. as for crude, i am not good at it...i short and it goes up, i long and it simply dives in front of me! huh .....

sold off most of dwti, will hold one small bit for tmrw.

maybe delayed oil bust... hope to see it at 14x then.

bedtime, goodnight...

this was why oil did not fall as bad as it should:

market reacts to any news, big or small.

this strike is open ended, reduces supply by >1 mil bpd.

so, to boost price to $60, all we need is have a couple more strikes in a couple more countries!

the bulls are fearful too.

the oversupply problem is not over, saudi may ramp up production:
http://www.bloomberg.com/news/articles/201...er-doha-failure

dwti now at 124 in europe markets.

long night ahead...

another hopeful evening for longers? might give it a short