Lightstream Resources Ltd. LSTMF

Where is the OIL GLUT ?

[bushhog1]

Last March 2016

OVER HALF of the supposed glut that the IEA has reported is unaccounted for. Not 5 or 10 percent, but greater than a whopping 50 percent. Does anyone believe that half of the glut is just missing?

https://oilprice.com/Energy/Energy-General/Exposing-The-Oil-Glut-Where-Are-The-550-Million-Missing-Barrels.html

[PROtrading]

In oil, there are two types of traders, physical traders and "market/wall street traders". The physical oil traders know you measure the commodity using production and demand. The market traders use the "ready to eat" inventories which are a false indicator. I follow physical traders and they have been buying and hording cheap oil because they know that the investment

[survivor2015]

It's getting replaced by a shortage.  The wider market has not clued in yet.  It's not an "if", it's a "when". 

[PROtrading]

Most of the market hasn't clued in.  The big players and guys with experience in the filthy markets have.  100% agreed.  Medium to long term, oil is a no brainer.  Great trade on the long since the February. LTS shareholders selling here have no clue.  Period.