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Author Topic: Long term OIL  (Read 79861 times)
bitcoinisbest
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December 17, 2017, 11:47:19 AM
 #1181

Hahaha yes you can compare bitcoin with oil because america wants it so badly and also it is something that grew so fast like oil the price of it grows so fast there are differences like you can only get oil in the Arabian part and you can get bitcoin everywhere, anywhere and anytime.

Oil is obviously produced in few countries and are exported to other countries. If this countries stop exporting or create monopoly it may be a problem while with bitcoin it is not the case as its widespread among different geographical areas and can be bought and sold within minutes and not like oil.

So if considered as an investment cypto currencies will be a huge gainer than compared to oil.

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December 19, 2017, 07:33:06 AM
 #1182

there is a fierce competition ongoing between Saudi Arabia and Russia for the market share. The Saudis tried to hijack the acquisition of Essar Oil by Rosneft, by offering a better deal.
I think from last 5 years oil prices are going to be down and down still there is no hope to for the rise in the prices of oil. That’s why people now withdrawing their money from oil sector and they are investing in bit coin. Oil prices are down because of some reasons I think the innovation of electric cars also reduced the demand of oil and after the innovation shill gas and hybrid technology they also effect in the prices of oil may that’s why its prices gone down. Oil prices are no more stable. 


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March 28, 2018, 07:56:44 AM
 #1183

The US joining OPEC is counter to its foreign policy objectives in the Middle East, and would require a large degree of centralized planning in the oil market domestically. Those are just two of the simplest reasons the US will never join OPEC.
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March 28, 2018, 08:10:00 AM
 #1184

Oil prices fell today, with Brent falling back below 70 USD per barrel and now it's touch support area in 68 USD at 22 march and january. crude oil price traded with strong negativity yesterday to settle near the key support 64.20, as the price keeps its stability above it until now.
Same like oil, crypto is bearish yesterday and try to bullish today.

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March 28, 2018, 10:09:04 AM
 #1185

Bidding in the US ended in a fall and the technical picture became completely contradictory - a double bottom can be transformed into the disclosure of the falling flag and then we are waiting for another 5-6% drop in the S&P 500 index. In Asia there is also a decline that continues in Russia. The trade war breaks up into the fronts of bilateral negotiations, but expectations of increasing pressure on Russia and Iran by the US are becoming increasingly intrusive.

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March 29, 2018, 11:29:23 AM
 #1186

The Ministry of Energy of the United States published data according to which the country's oil reserves for the week ended March 23 increased by 1.6 million barrels. After the release of the data, the oil accelerated the decline.

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March 29, 2018, 11:59:01 AM
 #1187

Market has to stay between 30 usd to 90 usd (30 usd is the cost of taking it and shipping it at the lowest ranges, 90 USD is the price a which most Canadian, shitty Siberian and off-shore platforms start producing again). Any time you go near to one of these values it is a fair bet you ll make some money.
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April 08, 2018, 09:45:35 AM
 #1188

in fact the oil price is increasing from time to time. and the reason is the scarcity of oli. the natural resources of oil are now decreasing from time to time and that is the reason the price of natural resource is increasing.
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April 11, 2018, 09:14:30 PM
 #1189

Short term (1-2 years) I wouldn't want to invest in oil, no matter how "low" the price may look. Don't forget that Iran is pumping real hard to spoil the market with oil, and I'm sure that won't stop the comming years. The market currently is flooded with oil, and thus the demand/price might tank even further.



OP could you explain why?

I assumed long term demand for oil will slowly drop as the world seeks cleaner forms of energy.

w. a. r.

that's why



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April 14, 2018, 09:20:25 PM
 #1190


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April 15, 2018, 10:53:24 AM
 #1191

Looks like the oil glut brought about by US shale oil is finally coming to an end. A combination of factors, including OPEC production cuts, disruption in Venezuela have contributed to the same.

https://www.bloomberg.com/news/articles/2018-04-13/opec-near-mission-accomplished-as-oil-glut-vanishes-iea-says
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April 15, 2018, 12:26:00 PM
 #1192

Looks like the oil glut brought about by US shale oil is finally coming to an end. A combination of factors, including OPEC production cuts, disruption in Venezuela have contributed to the same.

https://www.bloomberg.com/news/articles/2018-04-13/opec-near-mission-accomplished-as-oil-glut-vanishes-iea-says

I dont think so, should price rise more oil rigs will be turned on in the US again.

Production cuts do not really help - except that it profits us shale oil producers.

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April 27, 2018, 10:33:15 AM
 #1193

There is no war between North Korea and co anymore. North Korea became an opened and democratic country.

The war is over.


SHORT   Knowing that fact I believe that oil will fall by 2to3 bucks today, by evening.




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April 27, 2018, 01:19:35 PM
 #1194

it's not toooo late jet.

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April 27, 2018, 02:04:07 PM
 #1195

Oil prices are falling, so investment in oil is not so popular now.  And it really hurts the budget of those countries that live mainly at the expense of oil sales.
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April 27, 2018, 09:47:16 PM
 #1196

Opec won't reach the agreement with large players, and we will see that the prices will fall up to 25 dollars next year. Look at their track record. Oil will strongly fail.
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April 28, 2018, 10:30:30 AM
 #1197

I think the Saudis can go at this maybe another year before it really causes them issues,there are cracks but nothing they can not fix once oil returns. Their big issue is they are trying to run new players into the ground and the States is one of those players. So they thought they could screw with the States and now in return Iran is getting green light at expense to the Saudis.
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April 28, 2018, 03:22:51 PM
 #1198

I would say there is not a great future for oil.
Oil is quite hard to find, people may evsn start war for it. Modern technology is developing without concerning the resources for oil as it does have quite a lot of disadvantages and bad effects on the environment which people are starting to put notice into.
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April 28, 2018, 09:29:48 PM
 #1199

There is no war between North Korea and co anymore. North Korea became an opened and democratic country.

The war is over.


SHORT   Knowing that fact I believe that oil will fall by 2to3 bucks today, by evening.





Thats just one piece of news and neither country or even the region is a great supply of oil.   The overall context for a rise in oil right now is dollar weakness ongoing, apparent inflation and also the decline of an OPEC member and their oil production has been true for maybe a year now.  Venezuela has maybe the largest proven reserves in the world but problems with efficency and refinement, overall difficulties in even paying the staff of oil production companies means their production has been falling.

Also there is the OPEC cuts ongoing which have a longer term effect on available supply.

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May 05, 2018, 12:21:03 PM
 #1200

Oil rises in price on Friday as the timing of US participation in the agreement on Iran's nuclear program approaches. Since the beginning of the week, oil prices have also shown growth
In recent weeks, the price of oil has kept close to a record level since the end of 2014 on fears that the US can withdraw from the Joint Comprehensive Plan of Action - the agreement on the Iranian nuclear program concluded in 2015. In this case, the return of restrictions on the export of Iranian oil is likely, which could lead to a fuel shortage on the world market.
According to experts, if sanctions are imposed, Iran will reduce oil supplies by about 500 thousand barrels per day in the current year.
Additional support for the oil market is provided by statements by OPEC and Russia about the intention to continue limiting oil production to reduce world reserves of this fuel.

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