Excerpt from: CFDs & Spread Bets
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| August 04, 2008 | | Oil prices slip as tropical storm fails to worry traders | Financial spread betting strategy on oil prices should consider the effects that tropical storm and hurricane season have on oil production -- especially refining operations.
Right now, with Edouard entering the Gulf of Mexico, there are few worries, however. The tropical storm may become a hurricane, but it is not expected to do much in terms of disrupting refining operations in the United States.
Spread bets and CFDs on oil prices should consider that other storms may have a greater impact, however.
| Topic Tags: CFDs, Edouard Gulf of Mexico, financial spread betting, refining operations, spread bets, spread bets oil prices, spread betting oil prices, spread betting strategy | |
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