I'm seeing today that it is expected to take about 10 days to get that ship moved in the SC. Anyone care to guess the closing price of crude today?
1. I'm going big. $63.00
I have no clue because weather is not affecting the price and it would be cheating to make a guess this late in the trading session but we are just over $61 right now and have been hovering around there for hours.
I was thinking more along the lines of what the affect of the Suez Canal was going to have on prices. Didn’t get to my price, but that would have been greedy.
thanks Jim, in a crazy market situation like this, it's almost impossible to know because an unpredictable news item could hit and cause a huge spike up or down.