Tuesday's Auction
As noted in Tue's analysis, focus on
response within the Jun-Jul 2012 Demand Cluster, 74.50s-78.20s and to the
Buying Tail, 75.85s-76.25s, was key in Wed's auction. Focus on response to
Stopping Point High, 79.35s, into Thu's auction. ECB policy guidance Thu.
Wednesday's Auction
Central Banks
- Third Time Lucky? (Validus)
- Strong Dollar Squeezes Commodities, BOJ Puts Onus On ECB. (Reuters)
- Shadow Banking Reached $75Tril In 2013 Sayeth FSB. (Value Walk)
Geopolitics
- Fight For Kobani. (Platts)
- IS Seeking Oil Industry Professionals To Manage Oilfields & Refineries. (RT)
 |
| Source: EIA (Nov 2014) |
Supply/Demand & Markets
-
EIA: +460k v 2.3mil exp. (Platts)
- US Trade Deficit ex-Oil Has Never Been Worse. (Zerohedge)
- OPEC Crude Output Unlikely To Change In 2015, Sayeth Secretary General. (Platts)