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Thread: Crude Oil

  1. #351
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    Ticker is OOO X dist ,77c tomorrow.Holding in my energy portfolio.Energy stocks pricemakers through inflation.

  2. #352
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    Quote Originally Posted by Joshuatree View Post
    Ticker is OOO X dist ,77c tomorrow.Holding in my energy portfolio.Energy stocks pricemakers through inflation.
    Got me a bit puzzled Josh, OOO.AX is currently at 9.73...
    As of 01:32PM AEST. Market open

  3. #353
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    Quote Originally Posted by pedro.nz View Post
    Got me a bit puzzled Josh, OOO.AX is currently at 9.73...
    As of 01:32PM AEST. Market open
    I think he is referring to the distribution being ex tomorrow.

  4. #354
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    Ah, of course, thanks 777
    Last edited by pedro.nz; 01-06-2022 at 02:36 PM.

  5. #355
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    Oil up another 2 to 3%.EU leaders agree to ban most Russian oil imports.90% of Russian oil will be cutoff by end of year.
    Bulgaria ,Finland ,Poland,Netherlands and Denmark decided to stop paying for Russian gas in Roubles so are being cut off supply.
    Talk of Windfall taxes for oil and gas companies .This will stop any incentive to spend on exploration and part of the reason for higher prices is under exploration in last 10 years

    Posted 3 days ago

  6. #356
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    https://www.abc.net.au/news/2022-06-...torm/101120724

    Australia faces a 'perfect storm' on gas supply, as minister warns problem will not be solved quickly

  7. #357
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    Quote Originally Posted by nztx View Post
    https://www.abc.net.au/news/2022-06-...torm/101120724

    Australia faces a 'perfect storm' on gas supply, as minister warns problem will not be solved quickly
    Informative link-Some states have put a cap on prices at$40 per gigajoule(recent long-term contracts at around $7 suggests scope for massive increases into a secure and strong market)

  8. #358
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    Quote Originally Posted by nztx View Post
    https://www.abc.net.au/news/2022-06-...torm/101120724

    Australia faces a 'perfect storm' on gas supply, as minister warns problem will not be solved quickly
    The world faces a perfect storm ,I keep repeating this .I have 5 energy picks in the ASX comp,.Hope others have got the big picture by now and jumped in.Coal as well atp.

  9. #359
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    Quote Originally Posted by Joshuatree View Post
    The world faces a perfect storm ,I keep repeating this .I have 5 energy picks in the ASX comp,.Hope others have got the big picture by now and jumped in.Coal as well atp.

    Yep .. looks like a safe bet - same call here too

  10. #360
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    Yes I see AUD spot oil $166bbl ... I have shifted just over 60% of my portfolio into the O&G sector .... with the rest across Energy metals with HUGE forward demand -Cu,Li,Ni,U308,PGMs etc

    I agree safe .. hard to go bankrupt when your investment is making $$$$ and discovering Major future producing mines of critical metals>>

    Not liking the stupid selling at present !!!
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

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