Author Topic: How to watch the oil markets the way the people in the industry watch it  (Read 1590 times)

Offline barnesglobal

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As with all forecasts, one should be aware that what ever is predicted, it is wrong.  Watching the near term spot prices can be extremely deceptive.  For a longer perspective, you should watch the future market.  Many in the industry watch links like http://quotes.ino.com/exchanges/?r=NYMEX_CL.  If someone can explain how to upload a graph, I will give an example.

Barnesglobal

Offline barnesglobal

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Re: How to watch the oil markets the way the people in the industry watch it
« Reply #1 on: December 09, 2008, 10:08:36 AM »
The real value of this is that this the expectation of the institutional markets.  Sometimes this is referred to as the "smart money".