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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 -89 cents (-1.97%) and Oct gasoline is down -0.0250 (-2.51%). Friday's closes: CLV5 +2.81 (+6.60%), RBV5 +0.0635 (+5.78%). Oct crude and gasoline prices on Friday closed higher with Oct crude at a 2-week high. Crude oil found support on the sharp +4.8% rally in the Shanghai index on Friday and on the close-to-expected increases in U.S. Jul personal spending and income, which were positive for economic growth and energy demand.