sharetrader
Page 21 of 22 FirstFirst ... 11171819202122 LastLast
Results 301 to 315 of 322

Thread: Crude Oil

  1. #301
    Senior Member MARKETWINNER's Avatar
    Join Date
    Jun 2013
    Posts
    869

    Default

    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
    Join Date
    Jun 2013
    Posts
    869

    Default

    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
    Join Date
    Jun 2013
    Posts
    869

    Default

    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
    Member BullishBear's Avatar
    Join Date
    Feb 2017
    Location
    Fabulocity Slave.
    Posts
    51

    Default

    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
    Join Date
    Aug 2007
    Location
    Canterbury
    Posts
    2,946

    Default

    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
    Join Date
    Jun 2013
    Posts
    869

    Default

    Thanks Bulllishbear & Blackpeter for the links.

  7. #307

  8. #308

  9. #309
    Senior Member MARKETWINNER's Avatar
    Join Date
    Jun 2013
    Posts
    869

    Default

    https://www.bloomberg.com/news/artic...ands-11th-week


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

  10. #310
    Legend JBmurc's Avatar
    Join Date
    Sep 2002
    Location
    Central Otago
    Posts
    6,377

    Default

    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
    Guru
    Join Date
    Apr 2007
    Location
    Hamilton New Zealand.
    Posts
    3,964

    Default

    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
    Join Date
    Aug 2004
    Location
    Auckland, , New Zealand.
    Posts
    3,567

    Default

    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
    Join Date
    Aug 2007
    Location
    Canterbury
    Posts
    2,946

    Default

    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)

  14. #314
    Update Ready To Install
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    4,989

    Default

    This snippet below is reckoning 5 years now JB and just how many reserves left do the saudis really have?

    "Are we in an oil rout on the cusp of a oil crisis?

    Yes, very much so, and I think they have their 5 year time frame about right. Oil is traded on a very short term outlook which is currently signalling "glut" but the long term supply outlook is grim.

    What to make of an industry that is discovering so much less than its annual demand? Demand runs in excess of 96 m barrels per day (equals 35 billion barrels per year) and yet the industry discovered just 2.4 billion barrels last year and has averaged just 9 billion barrels of discoveries per year over the last 15. Another oil price spike is surely coming - it will be great for Lithium and great for oil producing investments at the same time."
    Last edited by Joshuatree; 02-07-2017 at 10:25 AM. Reason: " "

  15. #315
    Legend JBmurc's Avatar
    Join Date
    Sep 2002
    Location
    Central Otago
    Posts
    6,377

    Default

    Yes I agree long term some of quality over sold Oil&Gas companies will give smart
    Buyers some pretty spectacular returns ... maybe next year I might dip my toes back
    Into some oilers.... only really interested in Aus east coast gas plays in the sector
    Currently
    Sell the hype, buy the fear. Always second guess the sentiment but trust in the fundamentals

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •