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To: A Cyrenian; abb; Abigail Adams; abigail2; AK_47_7.62x39; Aliska; aposiopetic; Aquamarine; ...

Good morning to all!  At 2-1/2 hours before opening we got index futures off -0.18% and metals up 0.15%.  Whole lot of waitin'n'seein going on.  In fact, the only report today is Pending Home Sales at 1-1/2 hrs into trading.  News is ok tho...

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11 posted on 10/27/2014 4:22:41 AM PDT by expat_panama
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To: expat_panama

Putin and the Opecker Princes and South American Oil producing despots take another hard kick be their economic belts.

Crude oil just broke $80.

In morning trade on Monday, the price of crude oil fell below $80 a barrel for the first time since mid-2012 as energy prices continue to plummet around the world.

The most recent drop in oil, which has been a bear market since topping out at about $107 during the summer, follows a cut in oil-price expectations from Goldman Sachs’ Jeff Currie over the weekend.

Currie took his oil-price forecasts for WTI Crude to $75 a barrel in the first quarter of 2015 and to $70 a barrel in the second quarter of next year.

Excerpt go to the link for the full article.

http://www.businessinsider.com/crude-oil-falls-below-80-october-27-2014-10


12 posted on 10/27/2014 8:22:40 AM PDT by Grampa Dave (Islam/ISIS = The Ebola of religious/political ideologies!)
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