Author Archives: Jim Sutliff

Oil Hits New Heights –

Most news reports including the one that we have linked to below, indicate that oil shows no signs of falling.  Although the reports have seem to be logical they lack seeing the obvious.  When a recession takes hold demand will … Continue reading

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Cheney Visit May Help Output –

Cheney is expected to ask the Saudis for an increase in production.  The Vice President will be visiting the middle east next week. To read a related article, please click here: http://afp.google.com/article/ALeqM5ii_nBPZlNom_xLZCLd9XluLnciwg Jim Sutliff

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Oil Rises Again –

Oil rose to new heights again today as investors moved money into the market.  Oil has returned more on investments than other financial markets.  The recent rise in oil seems to have nothing in common with fundamentals.  The bubble will … Continue reading

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Oil:Up Or Down?

It’s almost like flipping a coin when looking at short term oil prices. To read a wuick look by EuroNews, please click here: http://www.euronews.net/index.php?page=eco&article=473988&lng=1 Jim Sutliff

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Inventories Fall –

Crude Oil inventories fell last week as did supplies of heating oil.   Stocks of gasoline rose sharply and may be due to refinery runs being increased. To read a related article, please click here: http://www.forbes.com/feeds/ap/2008/03/05/ap4734639.html Jim Sutliff

Posted in Gasoline, Oil | Leave a comment

Commodities Fall Most In Six Weeks –

The biggest drop in commodities in six weeks due mainly to the economy.  A major downward trend across a broad segment of the economy is a view shared by many analysts.  Tomorrow will also be the weekly inventory report as … Continue reading

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Thornburg Mortgage Data –

Thornburg Mortgage released more information which was not positive.  The market responded to the Thornburg news as well as ISM manufacturing data by pushing stocks lower.  Recently, Thornburg also had their rating lowered by Standard and Poor’s. To read a … Continue reading

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Economic Data Coming This Week –

Economic data that is due out this week will be closely watched by traders.  Commodities traders also have to take into account inventory data that comes out Wednesday. To view a recent article on the matter, please click here:\ http://www.msnbc.msn.com/id/23416410/ … Continue reading

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Oil Falls –

Crude Oil traded at over $103 dollars a barrel overnight and could continue to rise.  Supply should not be much of a concern with a weakening economy expected.  However, geopolitical concerns along with inflows of investment dollars are sparking a … Continue reading

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Inventory Report Shows Increase –

The February 27th inventory report showed an increase in Crude Oil supplies by 3.2 million barrels and an increase in Gasoline by 2.3 million barrels.  The increase in gasoline supplies was much higher than originally expected.  Crude Oil supplies at … Continue reading

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Another Take On Inventory Report –

There are a number of views on the inventory report released today.  The numbers clearly look to support the bears but the market has yet to fall. To view a recent article click here: http://online.wsj.com/article/SB120360681776683011.html?mod=googlenews_wsj   James Sutliff

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Crude Inventory Rises –

Crude oil inventory rose 4.2 million barrels for the week.  Gasoline increased 1.1 million with heating oil supplies being drained 4.5 million.  This shouldn’t come as much of a surprise since refineries are switching over to gasoline at this time … Continue reading

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Fed Expects Higher Inflation –

The Federal Reserve indicated that they expect higher inflation as well as increased unemployment.  This is a tricky combination since the main tool to fight inflation would be to increase interest rates.  At the current time an increase in interest … Continue reading

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Inventory Report Speculation –

Responses to a Bloomberg survey indicate a rise in supplies for the inventory report due out Thursday.  The report is delayed one day due to President’s Day.  The report is expected to show an increase in crude oil supply of … Continue reading

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Oil Continues Unlikely Rise –

Oil broke the $100 dollar mark again yesterday. This record took place with demand likely to fall and a weekly inventory report to probably show an increase in supply. This week the inventory report could be a lulu with crude … Continue reading

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