THE WORLDAgain the media and the big players are pumping all the...

THE WORLD
Again the media and the big players are pumping all the Macro economic data to cause the churn and volatility in the market. The things to watch out for as I see it are Spains debt bond sale and its new bailout package, the bond sale is this week and if it fails it will put more downward pressure on all markets as Europe continieus to slide. South Korea has downgraded it GDP and its forcast growth.

Good News for our oiler is the pipeline from Oaklahoma to the gulf has been bought forward to May. That will help the surplus in Cushing.

Im still watching and waiting
Cheers gang

MM