fmx | energy | connect - Oil falls towards $105, economy jitters return

Categories:

Tools

FMX 2010 Energy Expiration Calendar

follow FMX on

Data Reports:: market snapshot; energy >> crude report; energy >> options report; energy >> natural gas report; commodities >> metals report; weather >> full report

<< Crude Oil Report | Cameron Hanover – Daily Energy Hedger – October 7, 2011 >>

Oil falls towards $105, economy jitters return

October 7 2011, 08:39

FMX|Connect- WWW.FMXConnect.com (Reported on 10/7/2011)

Oil falls towards $105, economy jitters return

Source: Reuters

Oil prices slipped toward $105 on Friday as some London traders cashed in on a sharp move up in Brent at the close of the U.S. session and as negative sentiment around UK banks returned, reminding investors of the worrying global economic outlook.

Brent crude futures were down 57 cents to $105.16 a barrel at 1140 GMT, following Thursday's strong performance, where Brent closed $3 up. To read the full article, Click Here.

To view our energy reports and articles on your PDA or mobile device, click here.

-----

About FMX: FMX Connect is an information, data, and analytics portal for Commodities. The portal provides an all-in-one package including essential market data, independent third party research, industry news, and commodity trading tools. FMX Connect provides efficient, effective, and thorough data that bridges all aspects of commodities onto one screen. The Result; A user friendly application for hedge fund traders, OTC brokers, individual investors, and industry participants.

Note: The information presented, while from sources generally believed to be reliable, is not guaranteed and may not be complete. FMX | Connect makes no representations or warranties regarding the correctness of any opinions or information. Past results are not necessarily indicative of future results. Nothing in this report should be construed as a representation to buy or sell shares, futures or options, which contain considerable risks. For internal client distribution only. Any reproduction, re-transmission, or distribution of this report without permission is prohibited. Media correspondents or reporters may not quote any one page or section in its entirety and must attribute all quotes, ideas or concepts herein. Copyright FMX | Connect, ©2009-2010. All rights reserved.