Post by
JTDOUBLE on Sep 30, 2022 6:13pm
Easy added to ignore bin..lashing..
No point listening to someone with grades school brain siize !!
Comment by
rawcolt4545 on Oct 04, 2022 9:41am
Im sure lashing got back in just in time for this rally... he's so smart you know. What a tool!
Comment by
Chefboy69 on Oct 04, 2022 11:12am
i have counted 3-4 smart day/swing traders who no longer post here they must have made so much money trading they quit... LMAO
Comment by
Roscoe747 on Oct 04, 2022 11:16am
This 'rally' is predicated on an OPEC production cut but the reality is that OPEC presently is producing 3mm barrels per day less than its stated production. A new 'production cut' will have little impact on the physical market but may be hyped by the media panic mongers.w
Comment by
JTDOUBLE on Oct 04, 2022 11:53am
Goldman Sach predicting if 1 million barrels cut by Opec it will add another 13 bucks on oil price . Most likely we will see back in 90's ..
Comment by
masfortuna on Oct 04, 2022 12:04pm
Whether or not the cut impacts anything is irrelevant. We are in an energy starved environment and yet the price of energy is declining. The 1 million cut is a signal to the west that manipulating the price of a commodity is "verbotten". If this cut doesn't send the desired signal, then the meeting in Novemver will.
Comment by
jleer42 on Oct 04, 2022 1:03pm
If quotas are cut production will definitely drop by less than the quota cut. Some countries are producing at quota though - SA, UAE, Iraq - so there will be an impact. Amrita Sen also mentioned there could also be some unilateral cuts (video link below), haven't heard this anywher else though. https://twitter.com/i/status/1577253855666094082
Comment by
lashing on Oct 06, 2022 3:29pm
Keep giving up your $ and name calling. I love it.