Page 3 of 3 FirstFirst 123
Results 21 to 28 of 28

Thread: All Out oil war

  1. #21

    Default

    here is peter zeihan's view on the oil war
    https://us11.campaign-archive.com/?u...&id=813ef92146

  2. #22

    Default

    Aramco should be below IPO price by now. I was reading on oilprice.com, shale is vulnerable at this price. Anyone starting to eye up oil giant large caps for later when oil is even cheaper? It could be a longer way down yet.

  3. #23
    Join Date
    Jun 2014
    Posts
    3,458

    Default

    Quote Originally Posted by DBCooper View Post
    They can pump 8,000 barrels a day at $40 or 11,000 barrels a day at $30. Their production cost would still be the same, $10/barrel. I think their max capacity is around 12,000 barrels a day.
    Who says they are able to sell all these barrels? I like Putin, dislike arabs... I would tell SA to sod off, hahaa

  4. #24

    Default

    I blame Obama for all this cheap oil. lol
    Buy Low Sell High

    Keeping it simple with the Eagles, Maples and Krugs....

  5. #25

    Default

    putin want to look strong in the upcoming election

    https://www.usnews.com/news/world/ar...-april-22-ifax

    Putin proposed constitutional changes last month that could give him scope to extend his grip on power after leaving the presidency in 2024

  6. #26

    Default

    On another front of the economic war that is being advertised as a flu scare - https://www.kitco.com/news/2020-03-1...-to-China.html

    "The U.S. Treasury is working with the International Monetary Fund and the World Bank to gain full transparency of countries’ debts from China’s Belt and Road infrastructure initiative and ensure that funds from the institutions are not used to repay China, Treasury Secretary Steven Mnuchin said on Wednesday."

    Ouch. This could make things more confrontational.

  7. #27
    Join Date
    Jun 2014
    Posts
    3,458

    Default

    Quote Originally Posted by SilverPalm View Post
    On another front of the economic war that is being advertised as a flu scare - https://www.kitco.com/news/2020-03-1...-to-China.html

    "The U.S. Treasury is working with the International Monetary Fund and the World Bank to gain full transparency of countries’ debts from China’s Belt and Road infrastructure initiative and ensure that funds from the institutions are not used to repay China, Treasury Secretary Steven Mnuchin said on Wednesday."

    Ouch. This could make things more confrontational.
    WOWW, that would explain a lot!

  8. #28

    Default

    Saudi oil now at $25/barrel
    https://finance.yahoo.com/news/saudi...152631512.html

    I read elsewhere that Russian oil was on the markets in Holland at $30ish right next to Saudi oil at $25-28
    There were also rumors that Saudi oil was being sold to preferred customers at $8

    That should leave a mark

Page 3 of 3 FirstFirst 123

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •