It was known right after criminal goldman sucks made a call that crude was going to 20. These criminals wanted to create doom and gloom so they could cover. But didn't work. Oil did not fall because market now knows how big criminals these filthy people are
Their interest is not in Syria. Syria is already a destroyed country. There are hardly anybody left in Syria anymore. They was to go after Saudi Arabia who happens to be the only "friend" of the US in that region. Just give it six month, crude is going over 100
the war will enter Saudi territories soon. Iran and ISIS are after SA. SA is their final destination.
pushing chk down? how, why
500-1000% returns in a few years. So called crude glut will be gone in six months
check how much they are actually exporting. It is falling due to increased internal demand for war. Tanks and all literally drink gas.
may be may be not. it depends for how long crude stays at low levels. Average cost of WTI production is less than $30 due to technological improvements and because infrastructure is already in place. there may be a few with higher cost of production but they may still survive at 45/bbl. Some with poor cashflow will go out of business. But the rate at which production is falling and no new capital investment in well development, it doesn't appear to be long before crude will make a sharp turnaround. Market has been skewed by goldman sucks and other market manipulators who are spreading doom and gloom. The reality is that demand is increasing and production worldwide is leveling off. Export from SA is on the decline since Jul. Chinese market appears to have hit the bottom and may start to go up any day now. Remember in 2010-11, market manipulators were spreading the same doom and gloom that Dow will not go up for the next 10 years. Turned out by 2014, markets worldwide more than doubled. Don't fall for criminal goldman sucks. Stay put for a few months for nice returns
Let's pull the chairs out and watch the firework. On the side note, Openheimer ripped into goldman sucks the bigggest market manipulator and criminal's call that crude will go down to 20. Oppenheimer saying oil will be trading between 65 and 75. Goldman sucks is in panic because they are sitting on huge short positions in crude and crude just refusing to go down, hence the criminal is trying to create doom and gloom
Inventories fell another 3.7m barrels. Inventories falling faster than expected. All that so called glut that happens to be only 2% will be gone soon and crude will again be manipulated over 100/bbl. Get out of short side and go long while oil stocks are at absurd bottom
As the oil stabilizes in these ranges, DWTI premium will continue to fall. No a good investment anymore. People got ripped off by DWTI big time in the matter of just one month. I pity on those who bought at highs. They will never recover their money. Goldman Sucks aka the market manipulator has already signaled that the bottom is behind us by telling fools that oil would fall to 20. Whenever you see such reports from GS, wise is to go against it immediately. GS was hugely short on crude but their AFS was handed over to them when oil jumped from 38 to 48 within a few days. Thats exactly when they came out of that report. GS has been prosecuted many times but a thug would never stop being a thug
Sorry, some bought at 240 and counting money? why can't you just say you are that fool
Goldman Sucks sponsored manipulation of crude is over. Goldman overplayed and now desperately trying to spread more doom and gloom because oil unexpected jumped from 39 to 47. Really did a number on criminal GS
oh boy, one of the fools who got sucked into Goldman scam again. Goldman is sitting on a lot of shorts and now trying to get out after the shock when crude jumped from 39 to 48 in two days. Oil is not going down. Actually all that nonsense about glut is fake. There isn't much oversupply that demand. only 2 m bbl/day over supply compared to global demand of 92 m bbl/day. Just wait for a huge jump in crude in coming comings. Get out of DWTI. It ain't going but down from here. It should have been clear to you fools after seeing how it has trading in the last two weeks.
really, if the cost of production is $70 then why $1 target. The company will go bk soon. But that is not happening. Keep listening to wall street manipulators.
Oil has been trading below 70 for quite a while, where was this ho's son analyst until now
You can make money in DWTI trading so long as you are not greedy. If you hold it even 5 minutes longer than you should have been you may lose.