Brent falls $10.25? No, I Guess Not

Olle · Tar Sands Joined: Jun 28, 2006 Posts: 91 Location: Sweden

Check it out:
http://www.bloomberg.com/markets/commodities/energyprices.html

What's the explanation? Do we have a financial meltdown, or is this just a sharp correction?
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ReducedToZero · Posted: Thu Jul 03, 2008 1:39 am Post subject: Re: Brent falls $10.25!!

I wouldnt say a meltdown just an adjustment.

like_the_dinosaurs · Posted: Thu Jul 03, 2008 1:56 am Post subject: Re: Brent falls $10.25!!

Thats not what i'm looking at!
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Olle · Tar Sands Joined: Jun 28, 2006 Posts: 91 Location: Sweden

Now it is back to "normal" levels again. Just some strange anomaly then, sorry to bother you...
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Me Tar sands, you Jane

Micki · Posted: Thu Jul 03, 2008 2:07 am Post subject: Re: Brent falls $10.25!!

Not sure what chart that is.
Brent Sep contract currently shows $146.05 up $1.08 Low today is $143.89.
Maybe someone tried to set off a blackbox sale on the spot market??? Tape painting like that seems very very common nowadays.
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