Its all shorting..no real selling...its unreal..and they go into a earnings report with a possible model change or guidance thereof..i don't get it..
1624M Senior Debt after the 98M pay off
450M Credit Line as of last announcement
Or 1.55B US dollars...another 500M Canadian in debt reduction and they are in the clear no matter what.
Necessity is the mother of invention
bought in yesterday
actually..meeting now in China..speculators put no premium AT ALL put into oil prices ahead of the meeting
Putin will also meet Venezuelan President Nicolas Maduro to discuss similar issues.
“Special attention will be paid to possible joint steps on stabilizing prices in the global oil market, particularly in the context of cooperation between Russia and the Organization of Petroleum Exporting Countries (OPEC),” TASS quoted Ushakov as saying."
His legacy is to make a deal with people who hold americans hostage and kill americans. The biggest insult to the military and our fallen heroes in recent memory
I blame CNBC for the illegal trading of this commodity..turn it off..don't watch..
down a 1.50 in 15 minutes..this is a worldwide commodity..regulators need to move in..short term problem but it definitely stinks of illegal trading
Financial guys have no idea what's happening with oil capacity..they are going to be burned big..today is proof positive..oil is trading like a penny stock
9.6 vs the 9.3 monthly reported yesterday...seriously, are they that corrupt?? This number implies the US is under 9M barrels a days right now
price of oil is up to 48 and the machines trying hold on for dear life...welcome to the oil market..machines win and machines lose..the lose pat is just starting..OPEC doesn't open its mouth unless they mean business....look for a deal with Putin