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Thread: Crude Oil

  1. #301
    Senior Member MARKETWINNER's Avatar
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    http://www.bloomberg.com/news/articl...ec-output-plan

    Oil Falls as Iraq Seeks Exemption From OPEC Cuts, U.S. Adds Rigs

  2. #302
    Senior Member MARKETWINNER's Avatar
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    http://www.reuters.com/article/us-petrobra...SKBN13R1GQ?il=0

    Petrobras CEO says U.S. shale response to OPEC deal may cut oil prices

  3. #303
    Senior Member MARKETWINNER's Avatar
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    Is there any other reason for falling of oil prices other than U.S Shale activitiy?

    http://ww2.cfo.com/the-economy/2017/...it-new-record/

  4. #304
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    Quote Originally Posted by MARKETWINNER View Post
    Is there any other reason for falling of oil prices other than U.S Shale activitiy?

    http://ww2.cfo.com/the-economy/2017/...it-new-record/
    Oversupply seems to be the answer. http://www.vox.com/2016/1/12/1075575...prices-falling

  5. #305
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by BullishBear View Post
    the article you refer to is written in February 2016 ... well, I guess it still might have some historic value

    If you prefer some more up to date news ... try e.g.:

    https://www.iea.org/oilmarketreport/omrpublic/
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  6. #306
    Senior Member MARKETWINNER's Avatar
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    Thanks Bulllishbear & Blackpeter for the links.

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  9. #309
    Senior Member MARKETWINNER's Avatar
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    https://www.bloomberg.com/news/artic...ands-11th-week


    Oil's OPEC-Driven Gain Wiped Out as Shale Boom Offsets Cuts

  10. #310
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    https://www.bloomberg.com/news/artic...hortfall-ahead

    older post but very interesting where we will be in 10yrs time
    Sell the hype, buy the fear. Always second guess the sentiment but trust in the fundamentals

  11. #311
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    Historically speaking Oil isn't under priced today (chart adjusted for inflation) ...I know this question is simplistic but..what did the greedy bastards do with the all money when they where fleecing us (for nearly a decade) just a few years ago?
    Last edited by Hoop; 19-06-2017 at 11:06 PM.

  12. #312
    Guru peat's Avatar
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    Quote Originally Posted by Hoop View Post
    Historically speaking Oil isn't under priced today (chart adjusted for inflation) ...I know this question is simplistic but..what did the greedy bastards do with the all money when they where fleecing us (for nearly a decade) just a few years ago?
    there is always a way to spend money
    saudi-1.jpg
    For clarity, nothing I say is advice....

  13. #313
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by peat View Post
    there is always a way to spend money
    saudi-1.jpg
    Pretty sad though, that his hawks had to fly economy. Maybe the low oil price starts already to bite. I'd expect better from a real Saudi royalty .
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

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