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| Users Online Now: 2,007 (Who's On?) | Visitors Today: 1,124,750 | |
| Pageviews Today: 1,522,698 | Threads Today: 394 | Posts Today: 6,239 |
| 12:19 PM | ||
OIL MARKET: BREAKING: CME To Allow Listing Of Negative Oil Options Effective April 22!!!p836 | |
| Anonymous Coward (OP) User ID: 65904733  Portugal12/10/2014 11:17 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1382145  United States12/10/2014 11:17 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1382145 United States12/10/2014 11:18 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 65904733 Portugal12/10/2014 11:18 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 65904733 Portugal12/10/2014 11:18 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1382145 United States12/10/2014 11:18 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 49866557 United States12/10/2014 11:22 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1382145 United States12/10/2014 11:25 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 65058438 United States12/10/2014 11:35 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 65830626 United States12/10/2014 11:39 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 65904733 Portugal12/10/2014 11:46 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 65904733 Portugal12/10/2014 11:46 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 60094773 United States12/10/2014 11:52 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 62182045  United Kingdom12/10/2014 11:53 AM Report Abusive Post Report Copyright Violation | Where are you seeing your numbers op. All the sites I have seems to have a lag Quoting: Anonymous Coward 60094773 i like this page. couldnt comment how accurate/ good it is [link to www.investing.com] |
| Anonymous Coward (OP) User ID: 65904733 Portugal12/10/2014 11:54 AM Report Abusive Post Report Copyright Violation | Where are you seeing your numbers op. All the sites I have seems to have a lag Quoting: Anonymous Coward 60094773 i like this page. couldnt comment how accurate/ good it is [link to www.investing.com] yes that's one! Real time |
| Anonymous Coward (OP) User ID: 65904733 Portugal12/10/2014 11:55 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 65904733 Portugal12/10/2014 11:56 AM Report Abusive Post Report Copyright Violation | Business Insider @businessinsider · 17 seg Há 17 segundos OIL CRASH INTENSIFIES, BRENT BELOW $64, WTI BELOW $61 [link to read.bi] |
| Anonymous Coward (OP) User ID: 65904733 Portugal12/10/2014 11:59 AM Report Abusive Post Report Copyright Violation | |
Nautica  User ID: 62089202 United States12/10/2014 12:02 PM Report Abusive Post Report Copyright Violation | |
| The Endless Watchers User ID: 62569141 United States12/10/2014 12:03 PM Report Abusive Post Report Copyright Violation | Shits dropping like a rock now Last Edited by PNWGeoMan on 12/10/2014 12:03 PM PNWGeoMan-Geology/Rocktard. "Geologists have their faults." |
| Anonymous Coward (OP) User ID: 65904733 Portugal12/10/2014 12:04 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 65934891 United States12/10/2014 12:05 PM Report Abusive Post Report Copyright Violation | |
| TeamReaper User ID: 64383755 United States12/10/2014 12:09 PM Report Abusive Post Report Copyright Violation | Bank of America sees $50 oil as Opec dies "Our biggest worry is the end of the liquidity cycle. The Fed is done. The reach for yield that we have seen since 2009 is going into reverse”, said Bank of America. The Opec oil cartel no longer exists in any meaningful sense and crude prices will slump to $50 a barrel over the coming months as market forces shake out the weakest producers, Bank of America has warned. Francisco Blanch, the bank’s commodity chief, said Opec is “effectively dissolved” after it failed to stabilize prices at its last meeting. “The consequences are profound and long-lasting,“ he said. The free market will now set the global cost of oil, leading to a new era of wild price swings and disorderly trading that benefits only the Mid-East petro-states with deepest pockets such as Saudi Arabia. The bank said in its year-end report that at least 15pc of US shale producers are losing money at current prices, and more than half will be under water if US crude falls below $55. The high-cost producers in the Permian basin will be the first to “feel the pain” and may soon have to cut back on production. current slump will choke off shale projects in Argentina and Mexico, and will force retrenchment in Canadian oil sands and some of Russia’s remote fields. It will take six months or so to whittle away the 1m barrels a day of excess oil on the market – with US crude falling to $50 - given that supply and demand are both “inelastic” in the short-run. That will create the beginnings of the next shortage. “We expect a pretty sharp rebound to the high $80s or even $90 in the second half of next year,” said Sabine Schels, the bank’s energy expert. [link to www.telegraph.co.uk] In every operation, whether planning it or executing it, you can never count on luck; but you have to accept it, and recognize it when it’s there. -Major ******, U-2 Pilot/Instructor/Flight Commander |
| Anonymous Coward User ID: 65933443  Romania12/10/2014 12:09 PM Report Abusive Post Report Copyright Violation | Prices now are below what 10 out of OPEC’s 12 members need for their annual budgets to break even, according to data compiled by Bloomberg. Kuwait and Qatar are the exceptions. [link to www.bloomberg.com] This cannot last too much. They expect Russia to collapse really soon, within two months. |
| Xannixon User ID: 57991054 United States12/10/2014 12:11 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 65933443 Romania12/10/2014 12:13 PM Report Abusive Post Report Copyright Violation | Ruble fall, sanctions hurt Russia’s economy, says Medvedev Quoting: Anonymous Coward 65933443 The weakness of the ruble is hurting Russia, which has lost tens of billions of dollars because of sanctions imposed by the West in the Ukraine crisis, Prime Minister Dmitry Medvedev said Dec. 10. The weakening of the ruble “has a certain impact on the budget, on how it balances and for a number of other reasons too, but nevertheless ... a substantial weakening of the ruble is not advantageous for the state and the economy,” Medvedev said in the interview with Russian television channels. In a sober assessment of an economy edging towards recession, Medvedev said Russia should reduce its reliance on energy exports, which makes it vulnerable to falls in the global price of oil. [link to www.hurriyetdailynews.com] The bank said in its year-end report that at least 15pc of US shale producers are losing money at current prices, and more than half will be under water if US crude falls below $55. The high-cost producers in the Permian basin will be the first to “feel the pain” and may soon have to cut back on production. current slump will choke off shale projects in Argentina and Mexico, and will force retrenchment in Canadian oil sands and some of Russia’s remote fields. It will take six months or so to whittle away the 1m barrels a day of excess oil on the market – with US crude falling to $50 - given that supply and demand are both “inelastic” in the short-run. That will create the beginnings of the next shortage. “We expect a pretty sharp rebound to the high $80s or even $90 in the second half of next year,” said Sabine Schels, the bank’s energy expert. [link to www.telegraph.co.uk] |
| < DL > User ID: 11619293 United States12/10/2014 12:15 PM Report Abusive Post Report Copyright Violation | |
| Vezqku User ID: 46637824  Finland12/10/2014 12:16 PM Report Abusive Post Report Copyright Violation | |
| CowgirlK User ID: 59948382 United States12/10/2014 12:19 PM Report Abusive Post Report Copyright Violation | The plummeting gas prices should infuse the auto industry for a while. People will start buying new SUV's and big trucks again. As Gas Prices Fall, Auto Buyers Abandon Greener Cars Gas prices are down. Truck sales are up. And fuel economy standards loom. [link to www.nationaljournal.com] |
| Anonymous Coward User ID: 65901459 United States12/10/2014 12:19 PM Report Abusive Post Report Copyright Violation | |
