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Can I start buying oil yet?

Is Iran priced in ? Or still more room to drop ?
Aphrodisiac Doctorate Dog Poop
  07/27/15
...
excitant twinkling mother community account
  07/27/15
not QUITE yet. driller greed is keeping supply higher than ...
appetizing parlour
  07/27/15
Go on
Crusty amber mental disorder property
  07/27/15
God I just love when brain dead retards try to explain a ser...
chartreuse ladyboy
  07/27/15
The line I hear repeated in finance articles is that Saudi A...
razzmatazz hilarious ceo
  07/27/15
I see the point. Has any glut lasted that long though? E...
Aphrodisiac Doctorate Dog Poop
  07/27/15
That's not the definition of a glut. There's not a bunch of ...
razzmatazz hilarious ceo
  07/27/15
this. i think the problem is that many people don't quite ge...
provocative jew plaza
  07/27/15
Sell puts
exhilarant topaz menage
  07/27/15
ERX and UCO ftw
Mahogany Site Half-breed
  07/27/15
Looking at its history, I wouldn't buy until it gets down to...
cordovan sadistic tanning salon love of her life
  07/31/15
...
excitant twinkling mother community account
  07/27/15
i wouldnt buy oil specifically but i would start looking at ...
swashbuckling patrolman
  07/27/15
Looks like I should have...
Aphrodisiac Doctorate Dog Poop
  07/28/15
wait till a confirmation in a reversal, don't want to catch ...
razzle-dazzle hateful dilemma
  07/30/15
For better or worse, have not bought anything yet.
Aphrodisiac Doctorate Dog Poop
  07/31/15
I bought $500 of VDE. Turns out I already had bought $600 w...
excitant twinkling mother community account
  07/31/15
ive loaded up on RYE and have 13k now, may by 2k more or so
purple hospital
  07/31/15
went by autozone and the prices seemed the same as usual
stimulating crystalline fat ankles
  07/31/15
dat Mobil 1 ?
Aphrodisiac Doctorate Dog Poop
  07/31/15
...
stimulating crystalline fat ankles
  07/31/15
...
Multi-colored theatre rigor
  07/31/15
...
excitant twinkling mother community account
  07/31/15
...
Sable razzle library corn cake
  07/31/15
...
Jade Cracking Associate Nibblets
  07/31/15
...
beady-eyed cobalt hominid
  08/03/15
CR explain this fraudlie
Outnumbered slippery whorehouse ape
  08/03/15
now is prob a good time to snatch some up
swashbuckling patrolman
  07/31/15
Gonna buy $5k of VDE on payday
excitant twinkling mother community account
  07/31/15
the worst news has already come out since earnings release, ...
swashbuckling patrolman
  07/31/15
what's to say it won't keep falling?
cordovan sadistic tanning salon love of her life
  07/31/15
so uh bros this oil at 40-something a barrel is the beginnin...
abnormal university people who are hurt
  07/31/15
its actually great for refiners and downstream and adjacent ...
swashbuckling patrolman
  07/31/15
offshore fucked
Sable razzle library corn cake
  08/03/15
yea see dat high breakeven play
swashbuckling patrolman
  08/03/15
Approaching $45 lol http://m.nasdaq.com/markets/crude-oil.a...
cordovan sadistic tanning salon love of her life
  08/03/15
Just put 1K each in PVA, REXX, XCO, SD, LINE, HK, MHR, CRK, ...
chartreuse ladyboy
  08/03/15
there are so many things wrong with this post that i don't e...
Canary party of the first part
  08/03/15
Enlighten us Mr. Fundamentals Masterman.
chartreuse ladyboy
  08/03/15
this is garbage
swashbuckling patrolman
  08/03/15
nice analysis, faggot. what are the chances that all 10 go ...
chartreuse ladyboy
  08/03/15


Poast new message in this thread



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Date: July 27th, 2015 3:49 AM
Author: Aphrodisiac Doctorate Dog Poop

Is Iran priced in ? Or still more room to drop ?

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28419677)



Reply Favorite

Date: July 27th, 2015 4:12 AM
Author: excitant twinkling mother community account



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28419712)



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Date: July 27th, 2015 4:32 AM
Author: appetizing parlour

not QUITE yet. driller greed is keeping supply higher than had been expected for right now (could change in coming weeks, though).

the baker hughes rig count actually went UP last week in the US by a couple dozen or so. that's probably because producers themselves were banking on a rise in prices, but too many of them made the same bet, so they canceled each other out, and prices remain weak.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28419734)



Reply Favorite

Date: July 27th, 2015 8:20 AM
Author: Crusty amber mental disorder property

Go on

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28419927)



Reply Favorite

Date: July 27th, 2015 1:32 PM
Author: chartreuse ladyboy

God I just love when brain dead retards try to explain a series of complex events by some blow hard fundamentals that may or may not have anything to do with current prices.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421242)



Reply Favorite

Date: July 27th, 2015 8:24 AM
Author: razzmatazz hilarious ceo

The line I hear repeated in finance articles is that Saudi Arabia would rather dominate the market selling their oil at $40 a barrel than compete with the 50 countries that can sell profitably at $80 a barrel. And apparently they have enough oil to play that game for years and years. So why would now be a better time than say, 10 years from now?

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28419931)



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Date: July 27th, 2015 1:06 PM
Author: Aphrodisiac Doctorate Dog Poop

I see the point. Has any glut lasted that long though?

Eg eventually the competitors stop drilling..

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421108)



Reply Favorite

Date: July 27th, 2015 1:12 PM
Author: razzmatazz hilarious ceo

That's not the definition of a glut. There's not a bunch of oil that's just out there in barrels that the market needs to work off. There's an ocean of easily accessible oil underneath Saudi Arabia. They can pump more of it or less of it. The lower the price is, the more market share they have and the more things stay the same (them being obscenely rich). The higher the price goes, the less market share they have, and the more people invest in electric cars and shit that makes them poorer.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421134)



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Date: July 27th, 2015 1:18 PM
Author: provocative jew plaza

this. i think the problem is that many people don't quite get the logic behind it. so here is a simple explanation. Crude oil is not as fungible as one would believe. there are different types of crudes. They vary slightly but even a small variance requires different types of refineries. When Saudis lose market share, what that means it that the buyer is making a bet on some other country's oil. The buyer will need to tweak his refinery according to the new country's product. Or perhaps create an entirely new refinery. Lot of money spent. Once they have made this bet, they aren't going to be able to quickly turn around and go back to Saudi oil. The time frame on these investments are a couple of decades. So if Saudis say they are going to pump less, some country like India might have to go buy from maybe Venezuala to make up the shortfall. The Indian refineries that move to Venezuelan crude, they are not going back to Saudi crude for a couple of decades now. Saudis have experience with this. Every time they reduced production, they lost market share. So they aren't playing that game no more.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421170)



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Date: July 27th, 2015 1:08 PM
Author: exhilarant topaz menage

Sell puts

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421116)



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Date: July 27th, 2015 1:09 PM
Author: Mahogany Site Half-breed

ERX and UCO ftw

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421120)



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Date: July 31st, 2015 11:14 AM
Author: cordovan sadistic tanning salon love of her life

Looking at its history, I wouldn't buy until it gets down to 30 or so

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449115)



Reply Favorite

Date: July 27th, 2015 1:14 PM
Author: excitant twinkling mother community account



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421148)



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Date: July 27th, 2015 1:24 PM
Author: swashbuckling patrolman

i wouldnt buy oil specifically but i would start looking at subsectors of oil that stand to benefit during a oil price downturn

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421209)



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Date: July 28th, 2015 10:14 PM
Author: Aphrodisiac Doctorate Dog Poop

Looks like I should have...

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28431737)



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Date: July 30th, 2015 2:46 AM
Author: razzle-dazzle hateful dilemma

wait till a confirmation in a reversal, don't want to catch a falling knife bro

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28440405)



Reply Favorite

Date: July 31st, 2015 1:49 AM
Author: Aphrodisiac Doctorate Dog Poop

For better or worse, have not bought anything yet.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447840)



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Date: July 31st, 2015 1:50 AM
Author: excitant twinkling mother community account

I bought $500 of VDE. Turns out I already had bought $600 worth of it or so back in 2011 and im down 25%

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447844)



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Date: July 31st, 2015 1:51 AM
Author: purple hospital

ive loaded up on RYE and have 13k now, may by 2k more or so

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447849)



Reply Favorite

Date: July 31st, 2015 1:52 AM
Author: stimulating crystalline fat ankles

went by autozone and the prices seemed the same as usual

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447853)



Reply Favorite

Date: July 31st, 2015 1:53 AM
Author: Aphrodisiac Doctorate Dog Poop

dat Mobil 1 ?

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447854)



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Date: July 31st, 2015 1:54 AM
Author: stimulating crystalline fat ankles



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447856)



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Date: July 31st, 2015 11:15 AM
Author: Multi-colored theatre rigor



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449122)



Reply Favorite

Date: July 31st, 2015 1:56 AM
Author: excitant twinkling mother community account



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447863)



Reply Favorite

Date: July 31st, 2015 7:40 AM
Author: Sable razzle library corn cake



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28448388)



Reply Favorite

Date: July 31st, 2015 11:16 AM
Author: Jade Cracking Associate Nibblets



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449130)



Reply Favorite

Date: August 3rd, 2015 10:53 AM
Author: beady-eyed cobalt hominid



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468390)



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Date: August 3rd, 2015 11:07 AM
Author: Outnumbered slippery whorehouse ape

CR explain this fraudlie

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468436)



Reply Favorite

Date: July 31st, 2015 10:25 AM
Author: swashbuckling patrolman

now is prob a good time to snatch some up

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28448900)



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Date: July 31st, 2015 11:33 AM
Author: excitant twinkling mother community account

Gonna buy $5k of VDE on payday

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449234)



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Date: July 31st, 2015 12:03 PM
Author: swashbuckling patrolman

the worst news has already come out since earnings release, now is good time to buy up if you want a short run up prior to next oil collapse

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449442)



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Date: July 31st, 2015 12:29 PM
Author: cordovan sadistic tanning salon love of her life

what's to say it won't keep falling?

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449601)



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Date: July 31st, 2015 11:34 AM
Author: abnormal university people who are hurt

so uh bros this oil at 40-something a barrel is the beginning of the end of days, right? how fuckt is the global economy?

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449245)



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Date: July 31st, 2015 12:04 PM
Author: swashbuckling patrolman

its actually great for refiners and downstream and adjacent industries. nobody is fucked except for high breakeven plays mostly the maringal OPEC players

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449446)



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Date: August 3rd, 2015 11:02 AM
Author: Sable razzle library corn cake

offshore fucked

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468414)



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Date: August 3rd, 2015 11:17 AM
Author: swashbuckling patrolman

yea see dat high breakeven play

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468514)



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Date: August 3rd, 2015 10:52 AM
Author: cordovan sadistic tanning salon love of her life

Approaching $45 lol

http://m.nasdaq.com/markets/crude-oil.aspx?timeframe=6m

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468385)



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Date: August 3rd, 2015 11:12 AM
Author: chartreuse ladyboy

Just put 1K each in PVA, REXX, XCO, SD, LINE, HK, MHR, CRK, PQ, MCEP. Risk is 10K if they all go bankrupt. If just one of them survives the next couple of years, you will likely make 10X your $ on that 1K. So just 1 out 10 has to make it for you to make money. If 2 or 3 make it, then you will have doubled or tripled your money.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468467)



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Date: August 3rd, 2015 11:13 AM
Author: Canary party of the first part

there are so many things wrong with this post that i don't even know where to begin. F

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468483)



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Date: August 3rd, 2015 11:16 AM
Author: chartreuse ladyboy

Enlighten us Mr. Fundamentals Masterman.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468502)



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Date: August 3rd, 2015 11:18 AM
Author: swashbuckling patrolman

this is garbage

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468519)



Reply Favorite

Date: August 3rd, 2015 11:25 AM
Author: chartreuse ladyboy

nice analysis, faggot. what are the chances that all 10 go bankrupt?

what if I took that same 10K and spread it across RSPP, PE, FANG, CXO, XEC, MTDR? all hold derisked pure Permian fairway acreage. all have low debt by comparison and will almost assuredly be around in 3 years. all are still in favor relatively speaking but discounted.

which would give me the better chances of making the most $ in 3 years. i bet you can't even answer this intelligently.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468560)