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November 5th, 2015, 09:10 AM
Prospect, KY. USA
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
November 9th, 2015, 11:44 AM
Cleveland, OH
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785
Quoting
Data from market intelligence firm Genscape showed stockpiles at the Cushing, Oklahoma delivery point for U.S. crude futures rose by more than 1.8 million barrels between Oct 30 and Nov. 5, traders who saw the data said.
Oil down on growing U.S. stockpile worries, weak Wall Street
November 11th, 2015, 08:50 AM
Toronto
Posts: 1 since Nov 2015
Thanks Given: 1
Thanks Received: 0
Good Morning
I am trying to understand the impact daily CL WTI options have on each days CL price direction.
I am new to this forum and forums in general so hope I have posed my question in a appropriate manner and thank you in advance for any advice or information.
November 11th, 2015, 10:10 AM
Cleveland, OH
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785
Quoting
More than 100m barrels of crude oil and heavy fuels are being held on ships at sea, as a year-long supply glut fills up available storage on land and contributes to port congestion in key hubs.
From China to the Gulf of Mexico, the growing flotilla of stationary supertankers is evidence that the oil price crash may still have further to run, as the world’s energy infrastructure starts to creak under the weight of near-record inventory levels.
Unlike the last oil price collapse during the financial crisis, however, only about half of the oil held on the water has been put there specifically by traders looking to cash in by storing the fuel until prices recover.
Instead, sky-high supertanker rates have prevented them from putting more oil into so-called floating storage, shutting off one of the safety valves that could prevent oil prices from falling further. The amount of oil sitting at sea is already more than the equivalent of one day’s global oil consumption.
Quoting
“Onshore storage is not quite full but it is at historically high levels globally,” said David Wech, managing director of JBC Energy.
“As we move closer to capacity that is creating more infrastructure hiccups and delays in the oil market, leading to more oil being backed out onto the water.”
https://www.ft.com/content/f763a6da-8859-11e5-9f8c-a8d619fa707c
November 11th, 2015, 10:37 AM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
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Posts: 5,057 since Dec 2013
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November 11th, 2015, 10:57 AM
Cleveland, OH
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785
nymexwti
Good Morning
I am trying to understand the impact daily CL WTI options have on each days CL price direction.
I am new to this forum and forums in general so hope I have posed my question in a appropriate manner and thank you in advance for any advice or information.
I suspect it is very little. Mainly it is futures moving options.
November 12th, 2015, 08:57 AM
Prospect, KY. USA
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617
John Kemp @JKempEnergy 4h4 hours ago
WTI AND BRENT TIMESPREADS weaken amid fears about a build up of crude and product stocks:
-William
November 12th, 2015, 09:30 AM
Prospect, KY. USA
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617
FT @FuturesTrader71 had an interesting Trader Bite comment yesterday on API build
Stage 5 - Trader Bite
At the end of today's TB he had some interesting commentary on /CL as well
-William
November 12th, 2015, 11:14 AM
Cleveland, OH
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785
US oil production up for 4th week in a row. Big jump in Cushing inventory. But hardly any movement in CL futures.
I wonder how many forgot when report was coming out.
November 12th, 2015, 11:52 AM
Italy (IT) Italy
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
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Posts: 1,499 since Apr 2010
Thanks Given: 408
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Shortly after the quick move it went down like it usually does when oil inventories comes out with a positive higher number.
edit : or better it returned on the down way
Take your Pips , go out and Live .
Luke.
Last Updated on June 3, 2024