Tamarack Valley Energy Ltd T.TVE

Unnamed sources

[Jimmy1page]

This should be illegal..

https://oilprice.com/Latest-Energy-News/World-News/Oil-Plunges-Over-2-on-Rumor-Saudis-Ready-To-Increase-Output.html

[MLEWICKIMBA]

Yeah they went from sources close to the Saudis to RUMORS.

[robert41]

Why? Maybe Saudi's are going to increase production. Just to send a message to those increasing production to be careful as the saudis can make things painful quickly and still make money at lower prices. 

[MLEWICKIMBA]

They are only going to produce the additional numbers they already stated. 1. No talk about how the China stimulus will absorb those barrels. 2. US Shale growth flat and one analyst saying 60 buck break even or worse. 3. Even Canada not much more output coming especially now. Not sure about Brazil or others. But one thing for sure the media do as they like.   We will see tomorrow

[dorite]

I think Elvis HAS left the building.lol

[dandu1924]

It's now or never, I say goodbye  to my 33% of my TVE position, I will see  in fews days if I will dump the rest, because the oil market is too much risky at this time,   election-Trump, taxes lost season soon, Saudis not trustable people as other countries including USA, Russia,Canada, China, all in the same boat. 

[Jimmy1page]

It's all just oil price right now ML. This was completely over done,  fundamentals don't matter, draws don't matter, shut downs don't matter. It's China, demand destruction , possible recession, US economic news. The US now completely controls oil prices on a whim.

[Jimmy1page]

Because they said no?