| Latest Forum Topics / Others |
 Post Reply
|
|
Let s talk oil.
|
|||||
|
Goldendog
Master |
10-Jun-2020 13:26
|
||||
|
x 0
x 0 Alert Admin |
Ok one more kaki to talk oil..i got on and off play oil now so far quite stable at $38-40 slowly should be going up due to countries opening up..during March and April it went down to $20 range because of slow or no demand and over supply now since many countries opening up this will only slowly go up not go down.. | ||||
| Useful To Me Not Useful To Me | |||||
|
SQueeze
Master |
10-Jun-2020 11:28
|
||||
|
x 0
x 0 Alert Admin |
OK. Let' s do that. I have played oil since it was $25 or so. Have exited half at $38 last week and kinda unsure if to unload more now because I expect it to go lower towards $35 and stay there for awhile if not lower. I think not much upside potential in the short medium term. We talked oil briefly in Market sentiment threat yesterday. Any other thoughts? Once I exit, you may not have company anymore here. haha
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
littleones
Veteran |
10-Jun-2020 10:08
|
||||
|
x 0
x 0 Alert Admin |
Nobody talk about oil? | ||||
| Useful To Me Not Useful To Me | |||||
|
xuxuxu
Senior |
25-May-2016 23:12
Yells: "Flow With The Money" |
||||
|
x 0
x 0 Alert Admin |
let' s see tml what kinda prata news will be broadcast, trader worry about strong dollars investor turn their attention to weak demand/over-supply opec group/Russian pumping at record high to offset draw down The U.S. Energy Information Administration will issue official stockpiles data at 10:30 a.m. EDT (1430 GMT). Wildfires in Canada' s oil sands region, as well as a near economic meltdown in OPEC member Venezuela and a spate of violent attacks against the Libya and Nigerian energy industries have cut nearly 4 million barrels per day in global crude flows, Reuters data on supply outages show. The shortfall has accelerated the recovery in oil prices, which are up nearly 90 percent from winter lows of around $27 for Brent crude and about $26 for the U.S. West Texas Intermediate (WTI). " We look for new highs .. in carrying this advance higher to around the $52-52.50 area before this spring advance fully plays out," said Jim Ritterbusch of Chicago-based oil markets consultancy Ritterbusch & Co. Brent was up 76 cents, or 1.6 percent, at $49.37 a barrel by 9:40 a.m. EDT (1328 GMT). The session high was $49.39. |
||||
| Useful To Me Not Useful To Me | |||||
|
xuxuxu
Senior |
25-May-2016 22:57
Yells: "Flow With The Money" |
||||
|
x 0
x 0 Alert Admin |
Haiz, trading oil really prove to be difficult, Forecast less 1.7m, result out better than expected, less 4.2m Buy long 49.25 and loss, kena stop loss at 48.70 Stick to blue chip better, so much more easier to profit. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
makdatok
Supreme |
23-May-2016 11:20
|
||||
|
x 0
x 0 Alert Admin |
Px reached finger length to 50 b4...its time px stablise n stays for a duration...dont long or short...until theres a new catalyst for either side...wont see much swing...no clear direction...hiak3 | ||||
| Useful To Me Not Useful To Me | |||||
|
xuxuxu
Senior |
23-May-2016 11:09
Yells: "Flow With The Money" |
||||
|
x 0
x 0 Alert Admin |
Fundamental showing sign of reversal, waiting for price action to confirm. | Mon May 23, 2016 3:47am BST Related: ENVIRONMENT
1) Eight shuttered work camps reopening in Canada' s scorched oil lands2) DUBAI, May 22 Iran has no plans to freeze the level of its oil production and exports, Deputy Oil Minister Rokneddin Javadi was quoted on Sunday 3) Nigeria May 21 Former militants have called for a halt to a resurgence of attacks on oil and gas facilities in Nigeria' s Niger Delta, saying it is an unnecessary distraction for President Muhammadu Buhari' s administration. 21 MAY 2016 4) The number of U.S. rigs last week drilling for oil was unchanged for the first time this year as crude futures trade near a seven-month high. |
||||
| Useful To Me Not Useful To Me | |||||
|
benjidog
Supreme |
17-May-2016 12:17
|
||||
|
x 0
x 0 Alert Admin |
Wow....Saudi previously threaten to sell 750B of US assets...but now it may be less? So Saudi not as rich....how long more can thse low oil prices go on? http://www.bloomberg.com/news/articles/2016-05-16/u-s-discloses-saudi-arabia-s-treasuries-holdings-for-first-time Disclosure just after Moody downgraded Saudi...hmmm... Just wave and smile boys (said the Penguin in Madagascar) |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
makdatok
Supreme |
17-May-2016 11:54
|
||||
|
x 0
x 0 Alert Admin |
N yes..new norm could be 50-56 | ||||
| Useful To Me Not Useful To Me | |||||
|
makdatok
Supreme |
17-May-2016 11:48
|
||||
|
x 0
x 0 Alert Admin |
Reach 50 il b neutral...coz saudi will b confortable at that px...they probably wont let px go much2 higher in order to keep shale,sand oil,alaska n deep sea at bay...
|
||||
| Useful To Me Not Useful To Me | |||||
|
xuxuxu
Senior |
17-May-2016 11:38
Yells: "Flow With The Money" |
||||
|
x 0
x 0 Alert Admin |
I still think the wind at your back here is in the short term. You get to that $50, pushing $55 level, You gotta take chips off the table. |
||||
| Useful To Me Not Useful To Me | |||||
|
makdatok
Supreme |
17-May-2016 07:18
|
||||
|
x 0
x 0 Alert Admin |
Once beaten twice shy...u think they will start at px just above cost?...then when px down a bit,then they will b trapped?...or can they just open n close tap at will?..hiak
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
risktaker
Supreme |
17-May-2016 06:02
Yells: "Posts are opinions. Do not take it as investment advise " |
||||
|
x 0
x 0 Alert Admin |
This price ... more supply can be restart..
|
||||
| Useful To Me Not Useful To Me | |||||
|
makdatok
Supreme |
16-May-2016 23:55
|
||||
|
x 0
x 0 Alert Admin |
This is d fact...oil countries or majors hv reached their production limit..only saudi hv real cushion..but still limited n need time to raise big pumping..russia hv used up their cushion...iran almost reach limits with underinvest n old techno..US shale production drop will accelerate bcoz of 2 years of investment cut..canada oil sand cant live with below $80.. | ||||
| Useful To Me Not Useful To Me | |||||
|
Creative_2
Member |
16-May-2016 22:26
|
||||
|
x 0
x 0 Alert Admin |
now.. let' s see if it can stay above this level..
|
||||
| Useful To Me Not Useful To Me | |||||
|
Maller
Elite |
16-May-2016 21:58
|
||||
|
x 0
x 0 Alert Admin |
Mermaid Maritime, Noble and Ezra Huat AH!!!! |
||||
| Useful To Me Not Useful To Me | |||||
|
Lucky03
Elite |
16-May-2016 21:48
|
||||
|
x 0
x 0 Alert Admin |
Cleared !
|
||||
| Useful To Me Not Useful To Me | |||||
|
makdatok
Supreme |
16-May-2016 18:53
|
||||
|
x 0
x 0 Alert Admin |
Theres no real reason to be bearish now..slowly marching towards 50...once there,neutrality will emerge.. | ||||
| Useful To Me Not Useful To Me | |||||
|
Qanghoo
Supreme |
16-May-2016 18:13
|
||||
|
x 0
x 0 Alert Admin |
Now we know who are the real ang moh bullsh**** keep flipping stories around. Is oil facing a temporary reduction or is production gonna be cut by 3-4 mil bpt, such that it' d soak up all the surplus US inventory in mths? |
||||
| Useful To Me Not Useful To Me | |||||
|
risktaker
Supreme |
16-May-2016 17:00
Yells: "Posts are opinions. Do not take it as investment advise " |
||||
|
x 0
x 0 Alert Admin |
Time to slowly add shorts.... bro no kidding
|
||||
| Useful To Me Not Useful To Me | |||||
