30Nov-05Dec Auction
via The Weekly
As noted in last week's analysis, focus on response to last week's Low Usage, 64s-67.50s, was key as selling interest drove price lower upon the market reopen ultimately driving price toward the Weekly 1st Std Dev Low. Focus on response to 57.30s-58.50s into next week's auction.
07-12Dec Auction
via The Weekly
Central Banks
- Buoyant, Yet Fragile. (BIS)
- Will Selling Euros Bear Fruit In 2015? (Reuters)
Geopolitics
- Carbon Rules Crazy In Light Of Oil Price Decline, Sayeth Canada's PM Harper. (Bloomberg)
- OPEC Special Meeting Possible Q1 2015 On Further Price Decline. (Bloomberg)
Supply/Demand & Markets
- Don't Count On Oil Drop Boosting Global Growth. (Bloomberg)
- On Shale Frontier, US Producers Face Squeeze. (John Kemp via Reuters)
- IEA Cuts Oil Demand Forecast. (Telegraph)