Monday, November 29, 2010

Bloomberg: Talk of $100 Oil -- Again --

Link here.
The price of options to buy December 2011 futures at $100 a barrel jumped 14 percent on Nov. 24, the largest one-day gain in three months, according to data compiled by Bloomberg. So-called open interest for the contract has risen 51 percent this year to 45,424 lots, the highest for any crude option on the New York Mercantile Exchange.

4 comments:

  1. 164 rigs at 9:34am cst

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  2. 165 rigs at 10AM, checked data, no duplicate rigs

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  3. Thank you. I missed that; I was picking up my granddaughter from pre-school, but no excuse! Ha. Thanks for alerting me.

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  4. Yes, just saw that, also, the 165th rig. Thank you for verifying that no duplicate rigs. This is quite incredible.

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