Cardinal Energy Ltd (Alberta) T.CJ

Nuttall comments - listen to this at the 5:14 mark

[VeritasVern]

Oil outlook amid US election

[Quintessential1]

Why not watch right from the begining when he says why he thinks oil is down? GLTA

[VeritasVern]

Watching from the beginning was implied but at the 5:14 mark he speaks of how the market has a political adgenda almost to the tee of what I have been saying. Go Figure..Nuttall isn't the best stock picker but he understands oil markets.   Oh by the way oil was down -2% and -$1.45 I thought you had called that the inventory reports were a floor for oil... Can you explain how you came

[Quintessential1]

Inventory reports are a floor for oil.  Who said $70 was the floor?  Year low for WTI is $65.  I swear I saw a bounce.  ;-) AB asks EN if Isarael and BN saying they won't attack oil is the reason for it being down? EN says yes I think so.   BTW I have asked you how they were doing it?  Did you say by encouraging sales of Iranian sanctioned and Russian

[VeritasVern]

Quint: you said EIA inventory should keep a decent floor under oil - see the copy/paste below: RE:EIA Inventory: Nice  draw and it confirms the API data.  This should keep a decent floor under WTI pricing. ------------------------------------------------------------------------------------- Backtracking as usual, or how about your prediction that a 1/2

[Quintessential1]

That's right I did.  Again who said the floor was $70?  No up and down commodity market fluctuations at all ever?  Now it sounds like you are the one that is clueless. The Iranians got zero dollars of their sanctioned money returned and even if they did WTF does that have to do with the price of oil? U.S. Secretary of State Antony Blinken, speaking at a news conference in

[VeritasVern]

So you called a bottom but not quite - because if you were wrong you have wriggle room. But the day of the inventory report you did say something along the lines of "oil isn't down today" ;-) when I questioned it, LOL. Everyone, besides yourself has noticed the bias and disconnet between oil inventory reports and any upside to prices.  Or how about the big hissy fit you had when

[Quintessential1]

That's right and oil didn't go down that day.  The next day it did 2%.  And today its back up 2%. Welcome to commodities 101.  They move. ;-) GLTA

[lnggasfor202324]

I've been saying the same thing.  You should be pointing that out to quinny.