http://blogs.reuters.com/commodity-corner/2008/09/19/roundup-cross-currents-in-the-oil-market/ Views on commodities and energy Sun, 19 May 2013 18:56:50 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/commodity-corner/2008/09/19/roundup-cross-currents-in-the-oil-market/comment-page-1/#comment-335152 Duane Barber Tue, 23 Sep 2008 02:58:52 +0000 http://blogs.reuters.com/commodity-corner/2008/09/19/roundup-cross-currents-in-the-oil-market/#comment-335152 I have just again reached a probable wrong conclusion but very logical and it makes me happy!! Every time the AP publishes a "non byline" oil article within a few hours all the oil prices jump as the speculators move in. Yesterday, the 5th in the series I have tracked. I used to work for a steel company and this was called 3rd party signaling (as for the steel companies to signal price increases as such was illegal". And I do remember that AP "correspondents" were used at that time also. I have just again reached a probable wrong conclusion but very logical and it makes me happy!!
Every time the AP publishes a “non byline” oil article within a few hours all the oil prices jump as the speculators move in. Yesterday, the 5th in the series I have tracked.
I used to work for a steel company and this was called 3rd party signaling (as for the steel companies to signal price increases as such was illegal”. And I do remember that AP “correspondents” were used at that time also.

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