Excerpt from: Financial Spread Betting Strategies
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| August 31, 2007 | | Placing spread bets on oil prices | Financial spread betting strategy involving oil prices must take into account several factors, many of them dealing with issues in the U.S. Supply is one of the main factors, as well as demand. Different issues shut as refinery closures, deman in other parts of the world, and seasonal needs are all considerations when placing spread bet on oil prices. MarketWatch offers information on the latest factors to affect oil prices:
While the upcoming Labor Day weekend spells the unofficial end of the
summer driving season, the late-August drawdown in gasoline supplies
has been much steeper than usual, making it a key factor even as the
market gradually shifts its attention to heating oil. | | |
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