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victortan Elite	21-Mar-2016 18:04        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	With so many bear pasting bad news all over and yet oil is heading higher. Now O n G are drifting, so all got scare, My opinion is just one word, " BUY"
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seanpent Supreme	21-Mar-2016 10:40        seanpent About Contact  Quote this Post!
x 0   x 0  Alert Admin	oic ..... thanks ..... Octavia      ( Date: 21-Mar-2016 10:36) Posted: Swap to Apr contract and still on upward trajectory mode. Now at $40.80.
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Octavia Supreme	21-Mar-2016 10:36        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Swap to Apr contract and still on upward trajectory mode. Now at $40.80.
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littleones Veteran	21-Mar-2016 08:50        littleones About Contact  Quote this Post!
x 0   x 0  Alert Admin	Are you sure you dont know that Keppel Corps and SembMarine are the world number 1 & 2 rigs makers? seanpent      ( Date: 21-Mar-2016 08:17) Posted: Can please share share which are the rig builders in SGX ?  Thanks littleones      ( Date: 20-Mar-2016 21:47) Posted: To extract shale oil, you DO NOT need a rig.   Rig count going up means offshore extraction of oil is beginning to make sense economically.   Rig builders wil benefit from an increase in rig count
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littleones Veteran	21-Mar-2016 08:43        littleones About Contact  Quote this Post!
x 0   x 0  Alert Admin	There is a big spike in WTI oil price to 40.75usd now littleones      ( Date: 18-Mar-2016 23:46) Posted: Oil drop to 39.90usd  victortan      ( Date: 18-Mar-2016 19:11) Posted: got to end abv 40.78$ this session, not intra day, pls take note, dont see any obstacle too.
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seanpent Supreme	21-Mar-2016 08:17        seanpent About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can please share share which are the rig builders in SGX ?  Thanks littleones      ( Date: 20-Mar-2016 21:47) Posted: To extract shale oil, you DO NOT need a rig.   Rig count going up means offshore extraction of oil is beginning to make sense economically.   Rig builders wil benefit from an increase in rig count sharenewbie0301      ( Date: 20-Mar-2016 21:42) Posted: Alternatively... Also can mean that oil going up so shale becoming more profitable that's why rig count go u
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littleones Veteran	20-Mar-2016 21:47        littleones About Contact  Quote this Post!
x 0   x 0  Alert Admin	To extract shale oil, you DO NOT need a rig.   Rig count going up means offshore extraction of oil is beginning to make sense economically.   Rig builders wil benefit from an increase in rig count sharenewbie0301      ( Date: 20-Mar-2016 21:42) Posted: Alternatively... Also can mean that oil going up so shale becoming more profitable that's why rig count go up pnuklis      ( Date: 20-Mar-2016 17:44) Posted: US rig count is going up means the Shale is coming back which means push down the prices back to below 30
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littleones Veteran	20-Mar-2016 21:45        littleones About Contact  Quote this Post!
x 0   x 0  Alert Admin	The real reason why oil price drop?   Look at the date when the video was posted and the start of oil plunge from above 100usd in Jun 14  https://www.youtube.com/watch?v=USdYw2UVN6M littleones      ( Date: 20-Mar-2016 21:41) Posted: All about Shale Oil https://www.youtube.com/watch?v=6MJQOyeRvBc littleones      ( Date: 20-Mar-2016 21:31) Posted: Extracting shale oil needs a rig?
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sharenewbie0301 Veteran	20-Mar-2016 21:42        sharenewbie0301 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Alternatively... Also can mean that oil going up so shale becoming more profitable that's why rig count go up pnuklis      ( Date: 20-Mar-2016 17:44) Posted: US rig count is going up means the Shale is coming back which means push down the prices back to below 30
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littleones Veteran	20-Mar-2016 21:41        littleones About Contact  Quote this Post!
x 0   x 0  Alert Admin	All about Shale Oil https://www.youtube.com/watch?v=6MJQOyeRvBc littleones      ( Date: 20-Mar-2016 21:31) Posted: Extracting shale oil needs a rig? pnuklis      ( Date: 20-Mar-2016 17:44) Posted: US rig count is going up means the Shale is coming back which means push down the prices back to below 30
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Octavia Supreme	20-Mar-2016 21:34        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	I think oil px will be supported as the Fed finally admitted earlier this week the US economy is sputtering and is woefully incapable of handling 4 rate hikes.Now looking at 2 rate hikes with the earliest hike probably in June. In fact, the Fed will be lucky to push through even one more rate hike without the chinese yuan collapsing and unleashing even more capital outflows which precipitated the major market swoons in the summer of 2015 and early 2016 arguably the main topic during the Shanghai G-20 meeting. The result this week saw the biggest two-day USD collapse against a basked of foreign currencies in years and currently the DXY is trading at a lower level than a year ago. OPEC and Non-OPEC producers will be watching closely at the oil px.I believe they are pretty comfortable at current px allowing breathing space for all at the moment.Any extreme weakness of the oil px,will lead to more aggressive measures like possible production cut announcement at the Doha Meeting. Going forward,Mar and Apr month still can play oil counters.Just go with the trend.When oil px stabilizes to a point,got to fall back to FA.
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littleones Veteran	20-Mar-2016 21:31        littleones About Contact  Quote this Post!
x 0   x 0  Alert Admin	Extracting shale oil needs a rig? pnuklis      ( Date: 20-Mar-2016 17:44) Posted: US rig count is going up means the Shale is coming back which means push down the prices back to below 30
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Trade8668 Member	20-Mar-2016 17:58        Trade8668 About Contact  Quote this Post!
x 0   x 0  Alert Admin	daily 800,000 barrels of oil found missing in the oil trading market, highest in 17years = somebody trying to create an illusion of over supply and push oil price down. Once they find the right numbers, oil price will surely spike, just a matter of how fast n how high
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pnuklis Master	20-Mar-2016 17:44        pnuklis About Contact  Quote this Post!
x 0   x 1  Alert Admin	US rig count is going up means the Shale is coming back which means push down the prices back to below 30
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victortan Elite	20-Mar-2016 14:35        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Our STI has climb too, have our economy improve? Just ask. If not, then why STI soar?
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doufei Veteran	20-Mar-2016 14:32        doufei About Contact  Quote this Post!
x 0   x 1  Alert Admin	I think by Q2 will start to toh, when Fed announce raise interest rate. victortan      ( Date: 20-Mar-2016 14:22) Posted: so will the real economy improve. I personally dont think so,  thus i believe this is just a bear market rally in commodities. Market shd start to go down by end Q3 or there about. and trhis rally wqill be a powerful one to suck in more blood, so there will be more blood on the street later.LOL
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victortan Elite	20-Mar-2016 14:24        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	So what is the catch? I would said, " make hay while the sun shine" sun is gg dwn soon, But i hope not. Who wish for the worse. Go open CFD to st/by to short and profit.
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victortan Elite	20-Mar-2016 14:22        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	so will the real economy improve. I personally dont think so,  thus i believe this is just a bear market rally in commodities. Market shd start to go down by end Q3 or there about. and trhis rally wqill be a powerful one to suck in more blood, so there will be more blood on the street later.LOL
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victortan Elite	20-Mar-2016 14:19        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	A case in history is the GFC, when Fed start to come out stimulus, market start to soar, but the real economy is still very bad. Nothing change, but mkt has soar and climb a wall of worry. So by the time, when the stimulus slowly work into the economy and shown improevement, the market soar even higher. Thus stock is always ahead of the real economy by some few months. Now, why market are soaring, Japan, -ve rate, Fed no rate increase, promise only 2 increase, Euro more stimulus, with everyone prinitng money and so much liquidity, stock market will not crash. Market will crash when liquidity dry up, like rate increase and soon.
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victortan Elite	20-Mar-2016 14:13        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	And by the time good news come out, oil would be much much higher.  Thus u always hearsay, market is 6 mths ahead of the real economy. News is history.  victortan      ( Date: 20-Mar-2016 14:11) Posted: News is what already happen and reported, so it is history. Mkt only interested what is going to happen. Have fundamental change? No , i dont think so. But the px of oil has soar. If news is really matter. oil shd be still 30$ or even 26$. not 39/40$
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