Dear para senior OB, Semoga doa newbie terkabul. DJIA walau volume tipis tapi
hijau minyak juga naik gara2 Gustav datang sampai 5 hari kedepan.Salam
Sector
summary DJIA
Sector Change
Basic Materials +0.70%
Capital Goods +0.30%
Conglomerates -0.16%
Cons. Cyclical +0.66%
Cons. Non-Cyclical -0.54%
Energy +1.30%
Financial +0.44%
Healthcare +0.11%
Services +0.02%
Technology -0.15%
Transportation +0.15%
Utilities +0.73%
Gustav Biggest Threat to Gulf Oil
Since Katrina
Aug.26
1:56 PM ET
The oil market's taking notice that
Hurricane Gustav could be the first major storm to wreak havoc with Gulf of
Mexico oil production areas in several years, and it should be clear by the
weekend just how serious that threat could be.
This could be the most
significant storm in that area since Katrina and Rita in 2005, said John
Kilduff, M.F. Global senior vice president.
Oil prices are up today on both concern about Hurricane Gustav and on increasing
geopolitical tension, as Russia formally recognized the breakaway Georgian
regions. Gustav is a category one hurricane and could soon reach category two
level. Natural gas futures were also up sharply.
Oil [EMAIL PROTECTED]
116.40.13 (+0.11%) ], though, is off its highs for the day, and GRZ
Energy's Anthony
Grisanti told CNBC's Rebecca Jarvis at the NYMEX that some models are showing
that the hurricane could cross the Gulf south of the oil production areas,
reducing the risk.
I think the bottom's in for
now. I don't see $115 (per barrel) being tested, said Kilduff, a CNBC
contributor. The storm situation may be serious enough to get us back
over $120 and possibly maintaining that level.
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