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Post by walnut on Jun 17, 2014 21:18:02 GMT -5
Just sold 4 oil futures contracts for a fun bet
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Post by walnut on Jun 17, 2014 21:35:36 GMT -5
sold some more doubling down haha
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Post by walnut on Jun 17, 2014 21:59:17 GMT -5
Small profit, I think I'm getting the hang of it, I'm going in again
Oil CL and live cattle LE are both high enough that you could make a pretty good gain selling either, with a little luck and no margin calls in the meantime.
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Post by walnut on Jun 20, 2014 0:17:14 GMT -5
Sold some more oil futures tonight, down a bit now but expect to make $5k in twenty-three minutes.
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Post by clinton on Jun 25, 2014 18:11:37 GMT -5
Refiners slide sharply lower after U.S. widens oil export potential Jun 25 2014, 10:18 ET Refiners take a beating in early trading, as a lift of the ban on U.S. oil exports is expected to narrow the WTI-Brent spread, which could cause refiners' profits drop if they are forced to pay higher prices to compete with international buyers for U.S. crude.“We don’t think the current system needs to be changed,” Valero Energy tells Bloomberg.Yesterday's rulings gave Pioneer Natural Resources (PXD +2.6%) and Enterprise Products Partners (EPD +1.4%) permission to ship ultralight oil to foreign buyers - a narrow ruling, but one that is likely to spark similar requests from other companies, and increase lobbying for a full lifting of the 40-year-old ban on exporting crude oil.Refining stocks are broadly lower: VLO -7.4%, PBF -5.8%, MPC -5.7%, WNR -5.5%, DK -5.4%, HFC -4.6%, ALDW -4.6%, TSO -3.8%, NTI -3.5%, PSX -2.9%, ALJ -2.7%, CVI -2.3%.
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