AED aed oil limited
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on brink of breakout, page-7

  1. jantimot
    30,924 Posts.
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    20/06/07
    07:33
    Post #: 2552245
    I don't know, but I would be interested to know how low gasoline stocks can affect the crude price.

    Gas stocks are low because of refinery problems. So less crude is being processed. Therefore this should be a damper on crude prices. When the refineries come back on stream, crude should rise as consumption rises. Refinery problems are always touted by the media as a reason for higher crude, but I don't get it. What am I missing?
    AED Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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