GREY:LSTMF - Post by User
Comment by
PROtradingon Jun 23, 2016 11:30am
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Post# 24991218
RE:RE:RE:Oil Glut over
RE:RE:RE:Oil Glut overThat's not the question here "bash to buy" brokerage clown trader. LOL
The only question from 19 cents is how high will it run on any asset or refinancing news! And that my friend, is the question.
I say a quick double. Have you seen Penn West or were you too busy Cast and Chasing your little fishies in recent months scumbag?
So everyone, buy at sub 20 cents and thank me later! ;-) LOL
highrider2 wrote: But can LTS survive for the next couple of years ??? ******************************************************************************************************************************************* Non-OPEC Petroleum and Other Liquids Supply ............................................................................................................................................................................................................................................... EIA estimates that petroleum and other liquid fuels production in countries outside of the Organization of the Petroleum Exporting Countries (OPEC) grew by 1.5 million b/d in 2015, with more than half of the growth occurring in North America. EIA expects non-OPEC production to decline by 0.6 million b/d in 2016 and by 0.2 million b/d in 2017. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> < opec petroleum and other liquids supply ................................................................................................................................................................................................................................................ opec crude oil production averaged 31.5 million b/d in 2015, an increase of 0.8 million b/d from 2014, led by rising production in iraq and saudi arabia. forecast opec crude oil production rises by 0.8 million b/d in 2016, with iran accounting for most of the increase. forecast opec production rises by an additional 0.7 million b/d in 2017. the forecast does not assume a collaborative production cut among opec members and other producers in the forecast period, as major opec producers are expected to continue their strategy of maintaining market share. opec="" petroleum="" and="" other="" liquids="" supply="" ................................................................................................................................................................................................................................................="" opec="" crude="" oil="" production="" averaged="" 31.5="" million="" b/d="" in="" 2015,="" an="" increase="" of="" 0.8="" million="" b/d="" from="" 2014,="" led="" by="" rising="" production="" in="" iraq="" and="" saudi="" arabia.="" forecast="" opec="" crude="" oil="" production="" rises="" by="" 0.8="" million="" b/d="" in="" 2016,="" with="" iran="" accounting="" for="" most="" of="" the="" increase.="" forecast="" opec="" production="" rises="" by="" an="" additional="" 0.7="" million="" b/d="" in="" 2017.="" the="" forecast="" does="" not="" assume="" a="" collaborative="" production="" cut="" among="" opec="" members="" and="" other="" producers="" in="" the="" forecast="" period,="" as="" major="" opec="" producers="" are="" expected="" to="" continue="" their="" strategy="" of="" maintaining="" market="" share.="">