Crude Oil Natural Gas on Separate Paths, For Now
Source: http://dianchu.blogspot.com/2009/04/crude-oil-natural-gas-on-separate-paths.htmlPosted on Sunday, April 26th, 2009 | In Economics, Investing Lessons
Contributed by: Dian L. Chu (http://dianchu.blogspot.com/) -
Author: Dian L. Chu, 04/26/09U.S. crude oil inventories are at a 19-year high, and Rotterdam, Europe’s largest port, is running out of space to store crude oil. Oil inventory overhang is further aided by ~3.0MM b/d of imported products, and growing ethanol supplies of nearly 700,000 b/d. Based on the forecast from IHS Herold/CERA/Global Insight joint web conference this week, which I attended,
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crude oil, crude-oil inventories, Dian L. Chu, Economic Forecast Opinions, Economics, Europe, Europe's largest port, Investing Lessons, joint web conference, Now Author, Oil inventory overhang, Rotterdam
crude oil, crude-oil inventories, Dian L. Chu, Economic Forecast Opinions, Economics, Europe, Europe's largest port, Investing Lessons, joint web conference, Now Author, Oil inventory overhang, Rotterdam
 About Dian L. Chu (http://dianchu.blogspot.com/)
Market analyst, trader and financial writer for Zero Hedge, Seeking Alpha, and Daily Markets. My articles are also syndicated to Reuters, USA Today and BusinessWeek. Professional credentials include M.B.A., C.P.M. and Chartered Economist with extensive professional experience in market segment forecasting and strategies. Previous employers include Enron, Time Warner & Clear Channel. I'm currently working in the U.S. for the energy sector. |
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