Well, I went to bed imagining I was going to have to wake up early to post the first banana of myself before one of my favourite downrampers did it for me, but Brent just about held itself together and felt a bit more positive about itself - and why wouldn't it when both API and EIA reported draws around 9m bbls this week, records since last Sep and beating all expectations by 2 or 3 multiples?
A$ Brent around 2 bucks off Eric's calculations, we need POO up and Ozzie down. Ozzie will take care of itself, Brent is breaking up or down any day now and will determine the direction for the rest of the year IMO, keeping everything I got crossed.
BRU Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
