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Cameron Hanover – Daily Energy Hedger – May 6, 2010

Oil markets were hammered again on Wednesday, as the selling continued for a second consecutive day in equities and commodities. The US dollar was strong again on Wednesday, and it seems that concerns over euro-zone sovereign debt have plucked the yarn that has unraveled the whole cloth of risk appetite. The DJIA finished with losses of slightly less than 60 points, and it seems that oil and equities are the two taking the real brunt of the risk regurgitation.