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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.
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4 comments:

  1. AnonymousNovember 29, 2010 at 9:35 AM

    164 rigs at 9:34am cst

    ReplyDelete
  2. AnonymousNovember 29, 2010 at 10:01 AM

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

    ReplyDelete
  3. Bruce OksolNovember 29, 2010 at 10:50 AM

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

    ReplyDelete
  4. Bruce OksolNovember 29, 2010 at 10:51 AM

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

    ReplyDelete

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