February Brent Crude Trading

Hi Guys,
Happy New Year to you all, hope you had a good break. Currently got my "Shorts" on. Like Mondial I seem more confortable in them. Oil Product inventories increased last week and it seems like its the Oil Products which move the market rather than the actual crude inventories. Demand for heating oil will start to go down and then there is the normal spring over supply so all in all I reckon I will keep my shorts on. NYMEX closed today so I recokon brent will do its catching up and then wait for monday.


Good luck all for the coming year !