(investors are) taking short-term positions after a good rally.
(iran) is really another strike in the same beating the market has taken.
A potential surprise draw in u.s. Oil stocks would give a short-term fillip to the upside.
Clearly, demand concerns are one of the issues for the oil market.
If we see a (pmi) number well under 49.5, it might spark further stimulus speculation and that might end up being supportive.
It's a bit perplexing given the overnight action in oil prices.
It's not a huge difference but supportive of the market overall.
Libya is not a major producer but the disruption could be a trigger for a mini-rally.
Potentially this selling (in commodities) is now being overdone, but today there's no sign of a turnaround.
She is the breadwinner, why would he want her dead? ... There is reasonable doubt in this trial.
That could be contributing to the surprisingly bullish reaction to the overnight news.
The low volumes and market moves are reflecting that.
There is likelihood of positive surprise on friday and that will also add to the weight on gold.
There is very little bullishness.
There's clearly a souring of sentiment towards industrial commodities and I think that's spilling over to oil today.
We will need to see real pressure (to break these levels) and as we head into year-end, the risk is shifting to the upside.
