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jazzietan Veteran	16-Feb-2016 19:05        jazzietan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sa and rus agreed freeze output
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sheerluck Supreme	16-Feb-2016 18:58        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	By the way, US rig count dropped.  So anticipating lower stock from API and finally from EIA.  Will come true? sheerluck      ( Date: 16-Feb-2016 18:54) Posted: I don' t know which reason.  Whether SA and Russian cannot tahan the low oil price already or they felt that the US shale reaching level that can now let they pull some policy lever.  However, it seems market is rather impatient and do not like the freeze.  Oil price dropped $1.5 from peak and is now back to square one before the anticiapated SA-Russia meeting. But SA willingness to talk to Russia means something.  Jst not enough for the market I suppose. earlybird14      ( Date: 16-Feb-2016 18:44) Posted: I think saudi manage to convince russia their plan. Kill all high cost producers and boost price to record high after supply demand balance. A lot canada and us shale oil and oil sand companies will be gone within 3-6 months when oil below 40. Petrobras will gone, who else? After this round oil will be over 150 within 2 years
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sheerluck Supreme	16-Feb-2016 18:54        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	I don' t know which reason.  Whether SA and Russian cannot tahan the low oil price already or they felt that the US shale reaching level that can now let they pull some policy lever.  However, it seems market is rather impatient and do not like the freeze.  Oil price dropped $1.5 from peak and is now back to square one before the anticiapated SA-Russia meeting. But SA willingness to talk to Russia means something.  Jst not enough for the market I suppose. earlybird14      ( Date: 16-Feb-2016 18:44) Posted: I think saudi manage to convince russia their plan. Kill all high cost producers and boost price to record high after supply demand balance. A lot canada and us shale oil and oil sand companies will be gone within 3-6 months when oil below 40. Petrobras will gone, who else? After this round oil will be over 150 within 2 years. sheerluck      ( Date: 16-Feb-2016 18:33) Posted: So these four will freeze production at Jan level.  Market seems to be expecting a cut but they freeze only.      Price tanked and recovered a bit.  Market really not giving oil a chance unless SA cut.  Will it recover to $35????  The wild swing ard the meetign outcome is crazy....
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earlybird14 Supreme	16-Feb-2016 18:44        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	I think saudi manage to convince russia their plan. Kill all high cost producers and boost price to record high after supply demand balance. A lot canada and us shale oil and oil sand companies will be gone within 3-6 months when oil below 40. Petrobras will gone, who else? After this round oil will be over 150 within 2 years. sheerluck      ( Date: 16-Feb-2016 18:33) Posted: So these four will freeze production at Jan level.  Market seems to be expecting a cut but they freeze only.      Price tanked and recovered a bit.  Market really not giving oil a chance unless SA cut.  Will it recover to $35????  The wild swing ard the meetign outcome is crazy....
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sheerluck Supreme	16-Feb-2016 18:33        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	So these four will freeze production at Jan level.  Market seems to be expecting a cut but they freeze only.      Price tanked and recovered a bit.  Market really not giving oil a chance unless SA cut.  Will it recover to $35????  The wild swing ard the meetign outcome is crazy....
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earlybird14 Supreme	16-Feb-2016 15:56        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Cut no cut, oil prices at this level for 3-6 months, supply will automatically reduce.
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sheerluck Supreme	16-Feb-2016 15:45        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Saudi oil minister talking to Russia energy minister.  Oil spike in anticipation of a coordinated supply cut.  Today oil price will see some very big movement.  If they agreed on a cut, oil price will shoot up.  If nothing came out, oil price will tank. Also only SA, Russia and Venezula in this closed door meeting.  So secretive.
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benjidog Supreme	16-Feb-2016 15:29        benjidog About Contact  Quote this Post!
x 0   x 0  Alert Admin	oil going up right now...past 31
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victortan Elite	16-Feb-2016 15:16        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope to see oil at 33, goodbye and soon soon huat ah.
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victortan Elite	16-Feb-2016 15:14        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	it is not that i purposely say to anger u guy, but that is fact. I do hope this mkt rally chiong and both side in Syria hold to their position n no war. Wish for the best. victortan      ( Date: 16-Feb-2016 15:12) Posted: I think except for O n G counter, other counter better dont touch. once war start, we are gg to see mkt action like Ukraine way back.
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victortan Elite	16-Feb-2016 15:12        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think except for O n G counter, other counter better dont touch. once war start, we are gg to see mkt action like Ukraine way back.
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1oopls Master	16-Feb-2016 15:10        1oopls About Contact  Quote this Post!   Yells: "I love my evil cute cute darling"
x 0   x 0  Alert Admin	Russia is a mojor exporter of oil, decline in oil prices have affected its economy. Russia is a country known to take decisive action.
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victortan Elite	16-Feb-2016 15:10        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hearsay Saudi send troop ( commando somemore ) to turkey, and also F15 fighter send there too. If US go in, u think how will mkt react?
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victortan Elite	16-Feb-2016 15:08        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	I all the while optimistic on oil, dont forget that war drum is ever louder in Syria, if bullet fly witth Saudi and Turkey attk Syria, mkt will drop big big. take care. And of course oil will soar fast. jazzietan      ( Date: 16-Feb-2016 15:02) Posted: Why suddenly all so very much optimistic? Russia meeting opec thats all...no guarantee break thru mah, correct? If agreement deal on, overnight $40 no issue, small matter. But if no agreement, then overnight go bk $25 again...dun u think so? So now is gambling will they reach agreement or not? I say difficult esp 1st meeting only nia....surely sum1 will play hard to get...sum more so many nations involve, not only russia & SA. But i hope miracle happen & there will be concrete deal...but not as optimistic as most here
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jazzietan Veteran	16-Feb-2016 15:05        jazzietan About Contact  Quote this Post!
x 0   x 0  Alert Admin	I also cut loss uco last wk.... victortan      ( Date: 16-Feb-2016 14:59) Posted: I bght UCO, but oil tank so cut loss, loss little, because I bet smal, then last nite jeep back again. I buy more vallianz. This one if your 40 oil come true. it will double.
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jazzietan Veteran	16-Feb-2016 15:02        jazzietan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why suddenly all so very much optimistic? Russia meeting opec thats all...no guarantee break thru mah, correct? If agreement deal on, overnight $40 no issue, small matter. But if no agreement, then overnight go bk $25 again...dun u think so? So now is gambling will they reach agreement or not? I say difficult esp 1st meeting only nia....surely sum1 will play hard to get...sum more so many nations involve, not only russia & SA. But i hope miracle happen & there will be concrete deal...but not as optimistic as most here
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victortan Elite	16-Feb-2016 14:59        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	I bght UCO, but oil tank so cut loss, loss little, because I bet smal, then last nite jeep back again. I buy more vallianz. This one if your 40 oil come true. it will double.
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Truthee Senior	16-Feb-2016 09:23        Truthee About Contact  Quote this Post!
x 0   x 0  Alert Admin	agree. US$38 victortan      ( Date: 16-Feb-2016 09:03) Posted: I think after this week, I think oil is more or less bottom , time for it to go to 35$ then 40$ later.
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victortan Elite	16-Feb-2016 09:03        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think after this week, I think oil is more or less bottom , time for it to go to 35$ then 40$ later.
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genting^2 Master	15-Feb-2016 13:13        genting^2 About Contact  Quote this Post!
x 0   x 0  Alert Admin	​ ime to buy REX EZION EZRA, SEMBCORP etc.SEMBMARINE
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