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Holger Zschaepitz Jun 22
Oil price jumps as OPEC+ have agreed in principle to an supply deal for a 600k bpd real increase, which would be 1mn bpd increase on paper.
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Henrik Zeberg Jensen 20h
Strong rally in . Coming week(s) will show whether this first reaction was the right direction. We have 61.8% retracement - and what seems to be a full count for a pot. wave 2. RSI also seems overstretched. Remember, wave 2 often rides on emotions - not fundamentals (OPEC?)
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Lee Saks Jun 22
this is one great short squeeze.
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Javier Blas Jun 18
is meeting this week to decide production -- here's what's a stake, and what , and are saying.
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Technicals Freaks Jun 23
in great rising channel with bullish englphing, looks good for buy
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JesseJenkins Jun 22
Thesis lunch break, so some thoughts on the recent & important Science paper that finds methane leaks from U.S. & operations are larger than EPA estimates, which has important implications for policy...
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ValueTheMarkets Jun 22
Bullish moves for after OPEC meet. Crude hits $68.48 / Brent $75.39
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Anas Alhajji Jun 20
“Oil does not expire. It is not yogurt” The Omani oil minister 2018
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Sue Nichol Jun 22
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Martin Pelletier Jun 22
Federal govt hammered small business, hiked income taxes, rufuse to acknowledge US Corp tax cuts and BoC tightening fast and furious last year. Meanwhile falling apart, topping out, and real estate sales plummeting. Oh Canada 🇨🇦🙁
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Anas Alhajji Jun 23
What to watch for in the market this summer: 1- The drawdown of crude inventories 2- Higher supply from OPEC members than expected 3- All kind of serious fireworks in price differentials. 4- The collapse of several short term forecasts. 5- Revisions of long term forecasts
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hog loading fool Jun 22
Train derailed south of Doon iowa. Tell me again why pipe lines are bad?
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abu el gamecock Jun 23
💯 barrels of on the wall 💯 barrels of oil if one of those barrels happen to fall there’ll be 99 barrels of oil on the wall unless its non opec, libya or Nigeria or if you cant increase production in which case you are exempt 💯 barrels of oil on the wall
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Neeraj Batra Jun 20
COntrary to the pundits at Goldman I feel Oil will break below USD 70 and settlle between $60-65 in the next two months.
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Anas Alhajji Jun 23
Just as OPEC+ formalized the increase in oil production, its impact evaporated on the news of: 1- decline in Mexico’s oil exports by 3.5% 2- Production shut down in Alberta by more than 300 kbd 3- ExxonMobile plans to shut down the Hibernia platform (130 kbd) in Sep
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LOFRANCO Jun 22
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Steve Herman Jun 22
agree to output level that effectively increases production by almost 1 million barrels a day.
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Javier Blas Jun 23
FINAL UPDATE: After 24 hours of confusion and contradictory statements, went out of his way to explain clearly the message: "We will do whatever is necessary to keep the market in balance".
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Resource Works 3h
RT : For those who insist our and should stay in the ground:
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Lee Saks Jun 22
Baker Hughes U.S. rig count 6/22: -1 rig w/w. 862 rigs total.
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