RE:RE:RE:Telegraph good post mjh, I agree 100% with your assessment on oil and what iae should do re hedging. I think they haven't hedged yet (even when oil was just over 50 recently) is that they need higher prices to really make this work despite what their claims have been so far. in the past they had trouple making money at arount 100.
chickenlittle>>lmfoa @ kenshow. i think you are scared sheetless about what could happen here if oil doesn't rise enough and you are blowing smoke outta yer ar$e. I am being a realist here and have based my opinions on my dd on oil and iae.
some people just can't see times are changing and have already changed in some cases.
some posters will get in time on here, they are not the brightest bunch!!!! HAHAHAHAHA
here's a good read for ya from the mouths of people in the industry and in the know.
https://www.bloomberg.com/news/articles/2016-09-07/biggest-oil-traders-see-another-year-of-pain-as-glut-persists https://www.reuters.com/article/us-oil-caspian-idUSKCN11E1BZ oil is making a nice gain right now, good time to exit some oil positions for the time being imho
cheers ferret