E10 averaging around $2.38 a gallon in BPGA!!;swear
Oil retreats off 2015 highs, Iraq exports hit record
By Ron Bousso
LONDON (Reuters) - Oil prices edged lower on Friday, easing off 2015 highs after Iraq said its crude oil exports hit a record in April, keeping Middle East production well above demand.
The two crude global benchmarks rose between 20 and 25 percent in April, helped by a weaker dollar and bets that a supply glut would ease, following the June-to-January sell-off that halved prices from above $100 a barrel.
But signs of an increasing supply glut are growing.
Iraq's oil exports rose in April to a record 3.08 million barrels per day (bpd) from 2.98 mln bpd in the previous month, the oil ministry said on Friday.
[more]
Oil retreats off 2015 highs, Iraq exports hit record - Yahoo Finance
E10 averaging around $2.38 a gallon in BPGA!!;swear
PES doing well, at this rate I can get a double bagger on that investment in a couple weeks or so
Still around $2.55 near me.
May the force be with us.
$2,69-.79 here in Pahonicks. Up over $.50 in three weeks but still over a buck cheaper than to the west. Excuse is a fire in the Torrance, CA refinery.
It's been headed up everywhere mainly due to the decline in the DOLLAR. That should turn around because of the EU following our tail and printing money (QE) like it's going out of style like we did, But it really hasn't taken hold at this point in time, when it does EU currencies will drop like a lead balloon and the DOLLAR will spike to new highs causing the price of oil and gas to drop probably below $40 a barrel for crude. Who said that? I said that!oilrig.gifgaspump2.gif
It may have started already, DOLLAR up on the EURO.
33641[/ATTACH]]EURUSD Currency Quote - Euro Currency Price Today (EURUSD:TPI) - MarketWatch
EURDOLLAR.jpg
Last edited by nnuut; 05-07-2015 at 02:07 PM.
E10 averaging $2.44 a gallon in BPGA, I can deal with that but if it gets over $2.50 a gallon I'm PISSED!MASSAGE.gif
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