YOUR GOP hate and bias must make you the tRUMP created idiots you wanted to be, You turds don't even know the players. You idiots wanted to go it alone. You idiots wanted 5 wars the last 8 years. You idiots would have doubled the debt with 5 wars. You idiots are still looking for the birth certificates inflation and your way to mask you were wrong about the 5 last major economic decisions OBAMA got right. STIMULOUS
you mean that babbling idiot didn't want the coalition/ ya HE DONT NEED HELP BECAUSE HE IS rich..... wHATS ANOTHER bk COUNTRY. he KNOWS WHAT HE IS DOING , BUT NOT THE PLAYERS. WE SHOULD HAVE BKed AMERICA YEARS AGO ....... ALONE.
I would have started WWIII two years ago with out the worlds help. IS CNBC that stupid to air that babbling idiot. THEIR savoir has no clue on policy , not alone the world.
The middle east is embracing debt and the world of bonds. market finds equilibrium FRANCE and the world attack 1) rigs drilling for oil in the U.S. has dropped by 59 percent ……Bottom now or near.. ) The Middle East is crazed with market manipulation , and this is not an equilibrium. Shorts have not been investing but driving. Even GS is not that crazy to think it can stay below 40. ) OPEC assumes crude prices will rise by about $5 a year through 2020. ) There have been $323 billion in announced or proposed oil-and-gas mergers so far this year, billionares bet on oil, war and FRANCE ATTACTS!!!!!!!!!!!!!!!! ) NEW Technologies- the way oil is extracted from shale. I don't mean the fracking process itself, but how oil companies can build DUC wells and sit on them until the price of oil reaches profitable levels. Storage 0n/off pumps.
ITS manipulation. The middle east is floating loans, bond and borrowing on higher oil. They are done. UNREST , CHAOS and debt will destroy their way++++ welcome to capitalism and the world OWNING YOU!!!!!!!!!!!!!!!!!!!!!!!! . They think they can win by borrowing? HELLO ?
market finds equilibrium FRANCE and the world attack 1) rigs drilling for oil in the U.S. has dropped by 59 percent THE United States cut global output forecasts (SEPT 2 2015) and Russia, Saudi Arabia and other big producers signaled joint action to support the market. DOUG TERRESON –( Evercore) makes call buy big oil 65 to 70 $ oil next year……Bottom now or near.. WEIS on oil- it looks like a bottom . 2) “The news out of OPEC is more bullish, Sure OPEC thinks lower oil is possible in a temporary drop but that is unsustainable as they float bonds and borrow. 3) The Middle East is crazed with market manipulation , and this is not an equilibrium. Shorts have not been investing but driving. Even GS is not that crazy to think it can stay below 40. 4) OPEC assumes crude prices will rise by about $5 a year through 2020. That’s 80 dollar oil and a big return for those who are long. Production from nations outside the group will be 58.2 million barrels a day in 2017, 1 million lower than previously forecast, according to an internal report. The impact of low prices is “most apparent on tight oil, which is more price reactive than other liquids sources,” according to the report. 5) There have been $323 billion in announced or proposed oil-and-gas mergers so far this year, the most on record for a similar period by nearly $100 billion, according to Dealogic. Oil and gas is the third-most-active sector for M&A this year and has helped drive overall announced deal volume to $3.2 trillion world-wide, putting 2015 on pace to roughly match the record of $4.3 trillion set in 2007. 6) NEW Technologies- the way oil is extracted from shale. I don't mean the fracking process itself, but how oil companies can build DUC wells and sit on them until the price of oil reaches profitable levels. Storage 0n/off pumps. They also have the ability to tap into higher-producing wells and leave the others on hold in order to get the most efficiencies out of them.
7) SHALE industry will survive and Middle East has no control of that. It’s a lose , lose for them giving oil away. Shale can shut down and start fairly easily. Their economy is borrowing and floating bonds . Social unrest and chaotic challenges will destroy their administrations.
8) INDUSTRY calls BOTTOM--- Jim Rogers said oil may be near the bottom when bad news Friday October 2, 2015 didn’t move oil stocks down with the barrel of oil falling a buck. Stocks actually rose with bad sentiment. Later that day oil had a huge run as a sector. Commodities are known for boom and bust cycles, but now is a good time to scoop up value in oil stocks. Royal Dutch Shell CEO said “I am seeing signs of a bottom” Pickens and OPEC call for over 70 dollars oil lately///// Now the low prices are causing oil companies to delay, cancel and halt production projects. "We will all wake up one day and there will be all this demand and insufficient supply, and the cycle begins again," Wright says. "With most of the major domestic energy companies slashing their 2015 exploration budgets, we expect production to decline over the coming year. Barring an unexpected downturn in the global economy, current data indicates that the supply/demand gap should start to close, leading to firming oil prices," Hetrick says.
9 ) A weakening dollar added support for oil, aside from bets that the U.S. oil rig count could tumble again this week after last week's unexpectedly sharp decline of 26 rigs. Global oil demand will grow by the most in six years in 2016 while non-OPEC supply stalls, according to a monthly U.S. energy report that suggests a surplus of crude is easing more quickly than expected. Cutting CAPX could mean demand in the future with out additions.
***** M&A activity in the oil-and-gas sector has continued apace despite a nearly 60% decline in oil prices since early last year. The sharp decline in oil prices in the past year has put a damper on many big energy producers' prospects, but that hasn't kept them from joining the gusher of mergers-and-acquisitions activity.
When companies are under pressure, the value of the so-called cost and other synergies that come from combining with rivals increases, said Jay Horine, head of North American energy investment banking at J.P. Morgan Chase & Co. There also is a natural desire to get larger during such periods because bigger companies typically outperform smaller peers when times are tough.
**** OPEC and the Petroleum Exporting Countries assumes crude prices will rise to $80 by 2020 as output falls elsewhere. U.S. production could sink by the most in 27 years in 2016 as the price rout extends a slump in drilling. "We have reduced the probability of a return to the $37-$38 area per nearby WTI," said Jim Ritterbusch of oil consultancy Ritterbusch & Associates in North Wabash, Chicago.
***8) Banks are working with oil companies. Now OPEC and Russia are all interesting in supporting oil and work together to support prices, according to Reuters . On Monday, Russia's energy minister said the country talks with Saudi Arabia about the oil market in a meeting last week, according to the news service. *** OIL holding 45 dollars with bad news is considered a turning point by many. When oil goes up on a down oil day you must pay attention. (Friday OCTOBER 2, 2015) *****) Of course news of lower U.S. production and OPEC’s expected production cut spread positive vibes. OPEC has a lot higher target of 70 dollar oil. But what added momentum to crude is the story of short covering.
Here, the short sellers were expecting crude price to fall and were eagerly waiting for the right moment to make profits. But all of a sudden oil started rising. Hence, to arrest losses the short sellers were forced to book profits by buying the commodity. As more short sellers booked profits, oil price surged more than 5% in the last three sessions. Small cap oil seem to be motivated.
Would n't it be something if we would have followed the GOP advise and not stimulated the economy, Detroit, and TARP. Depression and Ryan's book would have been used for toilet paper. Oh, wait it is any way.
Who is in it....... RUMP 101. I am rich I don't have to talk to congress men . the only 1% of wealthy Americans have a right to talk to me. Why? I am worth Billions..... I don't even talk to Iowa. Make trumps America great for the 1% he will talk to. Idiots
You idiot, they all have to price their assets to market value of oil. Write offs are normal when your reserves and assets value drop 20% in a quarter. Lnco has enough hedges to do well. My portfolio was green today..... Oil fell and many oil stocks went up. II see a big oil rally coming. Holdthose shorts. See ya top side.
Sentiment: Strong Buy
My portfolio. Was up today as oil hit the 40 dollar barrel mark. Normally the portfolio would have been Dow 2%, instead its up today. After 9 days of losses the longs are staying and buying here. This happened in October also and the average oil stocks bounced 25% and more. This stock is also up 6% on a very bad day. When I see post about good ,strong companies , going bk from shorts I know they are worried again. Their position s have run the course and a bounce is on order.
The whole sector has had those losses. Moron. The only obvious point here ad you will give a lot of money back if you don't wake from your dreams of the perfect short ,for ever. This will bounce also
........ When oil goes back up this will be a leader to the upside with its heavy hedges.
Keep shorting ad oil stocks could have bottomed. That's the type of clueless bs I was posting about. Many of my oil stocks are green and I am up good right now. Your stupidity and unquestionable delusions are about to be laughed at by every one here
It's not going to , dollar or bk.
Today's the day. Many oil stocks at green riht now. They are turning. These turns are big money making days. It's time to losd