next week new game for sure.
Attempted military coup unfolding in Turkey

today, asian markets pushed it up, then european markets tried hard to keep it at 46.

but, as seen often under shaky conditions, they all chicken back to 45 before 9.30pm.

now, it just yo-yo within 30 cents.

but i think there will be fireworks after 1am.

dow's gone up 7 sessions in a row.

beware profit taking...

few minutes to opening.

oil bulls looking for a reason and found one today!

A protest over wages that shut the eastern Libyan oil terminal of Hariga forced the operator of the Sarir field to suspend production of 100,000 barrels per day.
but really, we'll have to see how api/eia plays out.

profound numbers may seal the direction for the next few weeks.

i'm counting on 41.xx.

i am hoping to trade all the way to 41.

just sold dwti at 87.

now waiting to buy back at <86.

but can only do with low cost brokerage...

Tonight..the price range is getting smaller and smaller. All being squeezed.

i still think....bulls r everywhere, crude might just pip past the 46?

I think crude may already roll over to Aug for the front month trading.
Yahoo still thinks the spot price is 44.xx ??  Not sure if this is right. 

oops...

2.17am... it dived!

very weak indeed...

wti futures rolling over from aug to sep...

sep 45.47
aug 44.60.

2.3m draw is not high. will see what eia says tonight.
U.S. crude stockpiles fell by 2.3 million barrels last week, trade group American Petroleum Institute (API) reported. That was just above a 2.1 million-barrels draw forecast in a Reuters poll.

For distillate inventories including diesel, API reported a surprise draw of 484,000 barrels. It also said there was an unexpected gasoline build of 805,000 barrels.

dow taking a breather.

and wti... bulls finally acknowledge last night's eia report:

Oil prices slip as US gasoline stock build raises glut worries

the way it slipped from 46 to 45 in 24hrs says that is very possible.

Buying VXX? If so, be careful.. this one has super decay built-in. 

stocks strong, usd strong.

only oil weak, very weak.