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Re: Oil prices set for fresh surge/comment on Tuesday's trending
By:Mark Espinola
Date: Tuesday, 1 June 2004, 3:22 pm
In Response To: Oil prices set for fresh surge *LINK* *PIC* (Mark Espinola)

I made this comment on Sat night regarding Tuesday NYMEX crude price trending:

"My guess would be a $1.50 to $2.10 increase per barrel at the opening at the NYMEX, with a closing price of $1.25 up"

July crude spiked up a full $2.22 a barrel and I had stated the high end of the day's trading range would be $2.10 (close)
Plus I said oil would finish $1.25 up for the day's trading.

More or less In the ball park range wise, but my settlement price was too low for a change.

Quote: Crude Oil (CLN4) Jul 04 40.40 42.15 40.27 42.10 +2.22 13:19

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