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Alaron Energy Commodity CommentCHICAGO - Apr 2/07 - SNS -- Following is the oil and ethnaol futures comment from Alaron Trading Corp. Iran oil exports are at roughly 2.5 million barrels a day. And for every dollar that oil goes up (during the current crisi the Iranians stand to pocket about 2.5 million dollars a day. The higher price of oil, the better the Iranians can withstand the pressure of economic sanctions. So with the Iranians backs against an economic wall they will be trying anything they can to keep the price of oil high. The Iranians are convinced that they can drag this out and not get attacked and at the same time keep the price of oil high. And at the same time the Iranian youth can be rest assured they will have plenty of fun even if they have lots of free time because they do not have jobs and money. The oil markets are relieved that at least for now there has been no actual shooting or loss of oil but as the crisis continues the market will stay on guard. Another oil worker was kidnapped in Nigeria. The problems in Nigeria are keeping the market firm and it seems that Brent crude continues to rise because of it. We're long May crude from apprx 5950 - raise stop to 6350!!! We are targeting $76.00!! We're long May RBOB from apprx 18991 - raise stop to 19700!!! Buy May heating oil at 18500 - stop 18300. We're long May natural gas from apprx 730 - raise stop 755!! Phil Flynn Alaron Research Team 800.935.6487 pflynn@alaron.com DISCLAIMER: The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. Alaron Trading Corp. its officers, directors, employees and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. Information on this page is derived from third parties and is deemed to be reliable. STAT Communications Ltd. accepts no responsibility for errors, omissions or inaccuracies in any of the material presented on this web site. Opinions expressed on this web site are those of the respective individuals and/or institutions and do not represent the opinions of STAT Communications Ltd. or its management.
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