Cramer predicts oil prices as low as $40 a barrel as US crude falls into bear market
https://www.cnbc.com/2018/11/08/cram...rket-hits.html
E10 Averaging $2.50 a gallon in BP Ga!
Cramer predicts oil prices as low as $40 a barrel as US crude falls into bear market
https://www.cnbc.com/2018/11/08/cram...rket-hits.html
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
E10 averaging around $2.90 per gallon here. I noticed last week that the local Safeway station has been running about $.10 higher than the cheaper places. So much for those bonus points.
Here on the North Coast its $2.23 to $2.79.
May the force be with us.
Can get E10 For $2.39 a gallon in BPGA!!
Oil prices tumble anew, with record skid set to continue
Published: Nov 13, 2018 5:27 a.m. ET
Oil prices fell anew on Tuesday, continuing a slide that has West Texas Intermediate crude in the grips of the biggest losing streak in more than 30 years.
Picking up on losses that heated up in Monday’s extended session, crude for December delivery CLZ8, -1.94% fell $1.43, or 2.4% to $58.51 a barrel. Another down day for oil will mark the 12th consecutive decline, the longest series of losses for the commodity since WTI started trading in 1983, according to Dow Jones Market Data. Monday marked an 11th straight loss for the contract.
After falling into a bear market last week—defined as a drop of at least 20% from a recent peak—a tweet by President Donald Trump on Monday added to oil’s woes, as he voiced disapproval over a potential production cut by Saudi Arabia and OPEC, and said prices “should be much lower based on supply!”
Brent crude LCOF9, -1.97% tumbled $1.48, or 2.1%, to $68.62 a barrel. Brent is also flirting with bear-market territory.
“Anyone who thought that the U.S. president’s verbal attacks on OPEC would come to an end after the US congressional elections has been proved wrong, in other words. The question now is how Saudi Arabia and OPEC will respond,” said analysts at Commerzbank in a note to clients. [more]
https://www.marketwatch.com/story/oi...nue-2018-11-13
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Gas around me has been bouncing around lately. Lowest today was $2.29 and my SiL got gas for $2.15.
May the force be with us.
I filled up at Kroger the other day @ $2.98 a gallon.
Saw gas as low as $1.99 today. Paid $2.04 yesterday.
May the force be with us.
In the last week gas has jumped 40 cents a gallon to $1.84.
May the force be with us.
Wow! You were down to $1.44 a gallon?
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
Bookmarks