31Aug-05Sep Auction
As noted in last week's analysis, focus on response
within key demand area, 92.50s-92.80s, was key into this week's auction as
selling interest drove price lower, achieving a potential Stopping Point Low,
90.43s. Aggressive short covering inventory adjustment occurred into week's
end. Focus into next week's auction on response to potential Stopping Point
Low, 90.43s.
07-12Sep Auction
Geopolitics
- Russia & China To Create SWIFT Alternative. (Zerohedge)
Supply/Demand & Markets
- 230yr Old Charts, The First Data Visualizations. (Gizmodo)
- Global Oil Consumption Still Rising. (EIA)
- Saudi Arabia. (EIA)
- Cities With A Projected Population Of 10+mil by 2030. (Bloomberg Visual Data)