| Latest Forum Topics / Ezra Last:0.011 -- |
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EZRA HOLDINGS - RED HOT NEWS
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stockwinner
Member |
29-Apr-2015 15:45
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Sell in May and go away ~~~ |
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Demostation
Supreme |
29-Apr-2015 15:34
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Buy now, don' t miss this golden opportunity. Loll. |
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danger
Supreme |
29-Apr-2015 15:33
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I load up quite substantial qty at 43.5c ..HUAT |
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stockwinner
Member |
29-Apr-2015 15:32
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Awaiting for S$0.40
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danger
Supreme |
29-Apr-2015 15:18
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ruanlai up lorry ??!!!! I am going in to scoop now
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ruanlai
Elite |
29-Apr-2015 12:25
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Anyone know why the Oil price drop so much.........suddenly......website fade one izzie |
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Lucky03
Elite |
29-Apr-2015 11:32
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Traders Seen Mispricing Oil as Spending Slump Signals Crunch
By Bill Lehane - 28 Apr 2015 7:01:00 am Oil traders are mispricing crude futures for later this decade because they?re underestimating how a collapse in spending will affect supplies, according to consultants who advise energy producers and analysts. Prices could rise to about $100 a barrel by 2019, about 34 percent above where Brent crude oil futures for that year are trading, says JBC Energy GmbH, a Vienna-based company that?s followed oil markets for more than two decades. Energy suppliers cut about $126 billion of expenditure following last year?s price drop of almost 50 percent, estimates Wood Mackenzie Ltd., an Edinburgh-based consultant. Oil plunged as OPEC responded to a global glut by insisting that suppliers outside the 12-nation group join in any effort to eliminate the surplus, keeping its own output unchanged at 30 million barrels a day. The investment decline is at odds with how future oil prices traded this year: immediate ones have started to recover from the crash, while those for the end of decade have continued their slump, as this graphic shows. ?The longer and the lower the current oil price slump goes on, the faster and higher the bounceback in the oil price will be further down the line,? Luke Parker, director of corporate research at Wood Mackenzie, said by phone April 24. ?There have been volumes taken out of future production growth.? While the most-traded front-month contract for Brent rallied 14 percent to about $65 a barrel this year, it remains 43 percent below where it was in June. Later-year futures may have dropped as a result of producers using the contracts to hedge future sales prices, says JBC Energy. $90 a Barrel Royal Dutch Shell Plc, Europe?s largest oil company, assumed oil prices will average $90 a barrel from 2018 to 2020 when it said it intended to acquire BG Group. December 2020 Brent futures dropped about 5 percent this year to $75 a barrel and by 24 percent since July. Prices will probably rise above that level by the end of the decade, according to Parker. ?Our view is that we will see another spike in oil prices in 2019 above $100 per barrel for Brent,? said David Wech, managing director of JBC. ?Globally, every year we have to replace about 3 to 3.5 million barrels per day of natural decline and that will be a challenge for the global upstream industry and the U.S. shale industry alone cannot counter balance that.? The industry has cut its per-barrel costs for extracting oil by about $18 to $72 a barrel for 50 of the world?s biggest producers, Wood Mackenzie estimates. Still, reduced investment will have more influence on long-term prices than any savings that can be made, said Paul Horsnell, a London-based analyst at Standard Chartered Bank Plc. ?We find it inconsistent that prices could possibly stay low for an extended period given the degree of supply-side damage that?s been done,? Horsnell said. |
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ruanlai
Elite |
29-Apr-2015 11:23
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Crude Oil and Commodity Prices April, Tuesday 28 2015 - 23:21:21
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tonylim
Master |
29-Apr-2015 09:54
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Oil price will rise to $100 over time - the question is when?
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Lucky03
Elite |
29-Apr-2015 08:29
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Opec officials said to plan technical talks with non-Opec in May
29 Apr7:29 AM [LONDON] Opec officials will meet with representatives from oil producers outside the group to discuss the global market in May, a few weeks before the organization's ministerial meeting, according to two people with direct knowledge of the matter. Technical experts from Russia, Mexico and Oman will confer with counterparts from the OrganiSation of Petroleum Exporting Countries' 12 members at the group's secretariat in Vienna on May 12 to 13, said the people, who asked not to be identified because the talks are private. The conference was suggested by member nation Venezuela, they said, which has urged OPEC to revive prices by cutting output. Oil prices lost about 40 per cent in the weeks after Opec resolved on Nov 27 to maintain output in the face of surging US shale supplies. Before that gathering, Venezuela had organised talks to arrange joint action between Saudi Arabia, Russia and Mexico, which ended without success. Russia will meet again with Opec before the group's June 5 conference, Energy Minister Alexander Novak said Tuesday. "Opec and non-Opec keep meeting and talking and informing everybody about it, without any material result," said Eugen Weinberg, Frankfurt-based head of commodities research at Commerzbank AG. "These meetings tend to be much ado about nothing." Saudi Arabia could be open to discussing a multilateral deal to cut production over the next six weeks, particularly if Russia takes part, Paul Horsnell, global head of commodities research at Standard Chartered Plc in London, said in a report Monday. The May conference will convene advisers from the various nations, rather than the countries' ministers, the people said. The chances of Opec agreeing to a joint production cut with non- members is limited, following the failure to reach such an accord at the last meeting, according to Commerzbank. BLOOMBERG |
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Qanghoo
Supreme |
29-Apr-2015 06:47
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As long as SA does not support production cuts to shore up px, there will be no action from OPEC.  SA will always remember its failed attempt yrs back to cut production to support px.  Anyway, oil has been quite bullish recently.  N the easiest way for SA to continue fueling the rally is to press on with its military canpaign in Yemen. 
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Qanghoo
Supreme |
29-Apr-2015 06:17
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Not as bad as Linc Energy, right?
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rewq4321
Member |
29-Apr-2015 00:55
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I don't believe opec not going to take action. wait for emergency meeting! | ||||||||||||||||||||||||||||||||||||||||||
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Newlearner
Veteran |
29-Apr-2015 00:32
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I hope u are right 😄 chart looks being squeezed for direction...
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halleluyah
Supreme |
29-Apr-2015 00:06
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Cos bbs wanted to collect a lot of cheap cheap than push it high up n no longer at tis px anymore.
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Newlearner
Veteran |
28-Apr-2015 23:51
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This is one of the weaker counter compare to peers...
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halleluyah
Supreme |
28-Apr-2015 23:38
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Now oil up...hope later will up more then Ezra will fly high up tomolo....cheers!!
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Lucky03
Elite |
28-Apr-2015 23:13
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More than one third of today total volume or 5,839.200 is short sales ! | ||||||||||||||||||||||||||||||||||||||||||
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halleluyah
Supreme |
28-Apr-2015 13:57
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GRAB EZRA..... |
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ruanlai
Elite |
28-Apr-2015 13:56
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Oil fall fall fall Oil fall back below $50.......fund manager run road..... falling knife.....siam |
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