Capital Chronicle is written from Grenoble, France by RJH Adams.

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Crude trading: failure to communicate

Posted on June 08, 2008

Oil Rises to Record on Weakening Dollar, Morgan Stanley Outlook - BloombergWas Friday the first time Israel made its intentions towards Iran clear?Was strong Asian demand for energy resources discovered overnight by brilliant Morgan Stanley (MS) research?Has the dollar hedge of buying oil suddenly been dreamed up?Israel has been keeping noise about a military strike very openly since (at least) 2002. One cannot even argue that the radical change in the US intelligence assessment last December that Iran (probably) halted its military nuclear programmes in 2003 has intensified Israel s rhetori...

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momentum , trading