I cant say I understand these energy markets.
A glut of Gasoline?
Yet the price is nearly 700 points up on the day - after the report.
Bad news in the UK GDP release yesterday - double dip recession increasingly likely. FTSE rallies 100 points in the time since the report, as apparently higher unemployment is GOOD news for the UK "economy" as it allows employers to take people on at ever decreasing wages. The inflation is just for what we pay, not what we get paid. Gold used to be the inflation hedge. Now companies that will be making less money, but paying less wages are being tanked up upon across the stock market sectors as if this is some kind of panacea.
The road to serfdom?