I think the better question is seasonal refinery capacity keeping up with demand. Crude oil supply is aplenty but nobody can do anything productive with an unrefined barrel of oil.
Crude is screwed, man.
- Thread starter Overnight
- Start date
I think the better question is seasonal refinery capacity keeping up with demand. Crude oil supply is aplenty but nobody can do anything productive with an unrefined barrel of oil.
http://www.zerohedge.com/news/2017-...the+survival+rate+for+everyone+drops+to+zero)
Bob Woodward and Carl Bernstein once famously said, "follow the money". Mav says follow the gasoline trail and you will find your answer.
Bob Woodward and Carl Bernstein once famously said, "follow the money". Mav says follow the gasoline trail and you will find your answer.
Staying long here, with the same stop. Pricing is currently 53.37
Ditto, I took plunge yesterday, Woodside Petroleum, Beach Energy, Origin Energy.
Trying right now entry on LNG at 0.695 cents, I have a partial fill so far
Stop will be raised to 50.48
Raoul Pal@RaoulGMI 19h19 hours ago
Wow! Mention that you are bearish #oil and its like you insulted the oil longs' mothers! You are too emotionally involved in the trade...
33 replies 18 retweets 232 likes
- Raoul Pal@RaoulGMI 23h23 hours ago
When #oil breaks $47, it is the final signal that its going to $20, in my view. This sell off has long been expected, after a perfect set up
39 replies 68 retweets 172 likes
-