Holy Crap, something did blow up!!!
Don’t buy oils at the open! Too risky as it was an attempt.
Wait until oil breaks $62, if it does, otherwise just stay away.
Trade very, very carefully if at all as this is starting to look like a James Bond plot to spike the price of global oil.
Can HAL really be worth $72 if they have to start paying hazard rates all over the Middle East? Would it really help XOM if 10% of their capacity is actually blown off-line?
Everything I hoped to gain for the day on oil has already been hit in pre-market, I don’t like this one bit…
