Excerpt from:  Spread Betting North American Financial Markets
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October 10, 2007

Oil Futures Remain Above $80 a Barrel

Spread bets and CFDs on oil prices
"Oil prices will likely continue to rise as we move into the heating season in the U.S."
Spread betting on oil futures in American markets should consider that supply and demand is likely to be a driving force. Spread bets and CFDs on oil prices should consider the following from MarketWatch:

"All eyes will be on the supply data Thursday, which may show a slight build in crude but it may not be enough to slow down the bulls," said Kevin Kerr, editor of Global Resources Trader, a newsletter of MarketWatch, the publisher of this report. ...

"Clearly, pent-up demand for crude is driving the price, and as we inch closer and closer to winter heating season, distillate will be the main focus going forward," said Kerr in emailed comments.


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