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Jim Prince, 25-year commodity market veteran, just posted a 3+ minute video about a recent move in the commodity markets. Watch it now, and he'll send you a free companion PDF and an email reminder every time he posts a new Daily Alert video.
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Oct crude oil this morning is down -27 cents (-0.63%) and Oct gasoline is down -0.0170 (-1.28%). Thursday's closes: CLV5 +4.18 (+10.83%), RBV5 +0.0953 (+7.74%). Oct crude and gasoline on Thursday closed sharply higher with Oct crude at a 1-week high. Crude oil found support on the sharp +5.3% rally in the China Shanghai Composite index and the larger-than-expected upward revision to U.S. Q2 GDP, which signals improved energy consumption and demand.