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Can I start buying oil yet?

Is Iran priced in ? Or still more room to drop ?
fragrant temple boiling water
  07/27/15
...
cordovan high-end pistol brunch
  07/27/15
not QUITE yet. driller greed is keeping supply higher than ...
Shaky Pozpig Hominid
  07/27/15
Go on
Tantric Stimulating Liquid Oxygen Circlehead
  07/27/15
God I just love when brain dead retards try to explain a ser...
Arousing Travel Guidebook Tattoo
  07/27/15
The line I hear repeated in finance articles is that Saudi A...
Bronze Nighttime Area Milk
  07/27/15
I see the point. Has any glut lasted that long though? E...
fragrant temple boiling water
  07/27/15
That's not the definition of a glut. There's not a bunch of ...
Bronze Nighttime Area Milk
  07/27/15
this. i think the problem is that many people don't quite ge...
Bateful juggernaut piazza
  07/27/15
Sell puts
rusted geriatric hospital foreskin
  07/27/15
ERX and UCO ftw
Slimy Beady-eyed Native
  07/27/15
Looking at its history, I wouldn't buy until it gets down to...
glassy useless coldplay fan home
  07/31/15
...
cordovan high-end pistol brunch
  07/27/15
i wouldnt buy oil specifically but i would start looking at ...
Zombie-like diverse pit dog poop
  07/27/15
Looks like I should have...
fragrant temple boiling water
  07/28/15
wait till a confirmation in a reversal, don't want to catch ...
bright bespoke orchestra pit
  07/30/15
For better or worse, have not bought anything yet.
fragrant temple boiling water
  07/31/15
I bought $500 of VDE. Turns out I already had bought $600 w...
cordovan high-end pistol brunch
  07/31/15
ive loaded up on RYE and have 13k now, may by 2k more or so
costumed ivory stag film mad cow disease
  07/31/15
went by autozone and the prices seemed the same as usual
Thriller cuckoldry
  07/31/15
dat Mobil 1 ?
fragrant temple boiling water
  07/31/15
...
Thriller cuckoldry
  07/31/15
...
chest-beating dilemma ceo
  07/31/15
...
cordovan high-end pistol brunch
  07/31/15
...
sable university double fault
  07/31/15
...
Erotic Hairraiser Senate
  07/31/15
...
Cerebral gaped hell
  08/03/15
CR explain this fraudlie
swashbuckling elite lettuce
  08/03/15
now is prob a good time to snatch some up
Zombie-like diverse pit dog poop
  07/31/15
Gonna buy $5k of VDE on payday
cordovan high-end pistol brunch
  07/31/15
the worst news has already come out since earnings release, ...
Zombie-like diverse pit dog poop
  07/31/15
what's to say it won't keep falling?
glassy useless coldplay fan home
  07/31/15
so uh bros this oil at 40-something a barrel is the beginnin...
Titillating shrine
  07/31/15
its actually great for refiners and downstream and adjacent ...
Zombie-like diverse pit dog poop
  07/31/15
offshore fucked
sable university double fault
  08/03/15
yea see dat high breakeven play
Zombie-like diverse pit dog poop
  08/03/15
Approaching $45 lol http://m.nasdaq.com/markets/crude-oil.a...
glassy useless coldplay fan home
  08/03/15
Just put 1K each in PVA, REXX, XCO, SD, LINE, HK, MHR, CRK, ...
Arousing Travel Guidebook Tattoo
  08/03/15
there are so many things wrong with this post that i don't e...
mind-boggling people who are hurt fortuitous meteor
  08/03/15
Enlighten us Mr. Fundamentals Masterman.
Arousing Travel Guidebook Tattoo
  08/03/15
this is garbage
Zombie-like diverse pit dog poop
  08/03/15
nice analysis, faggot. what are the chances that all 10 go ...
Arousing Travel Guidebook Tattoo
  08/03/15


Poast new message in this thread



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Date: July 27th, 2015 3:49 AM
Author: fragrant temple boiling water

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: cordovan high-end pistol brunch



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



Reply Favorite

Date: July 27th, 2015 4:32 AM
Author: Shaky Pozpig Hominid

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: Tantric Stimulating Liquid Oxygen Circlehead

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: Arousing Travel Guidebook Tattoo

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)



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Date: July 27th, 2015 8:24 AM
Author: Bronze Nighttime Area Milk

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: fragrant temple boiling water

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: Bronze Nighttime Area Milk

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: Bateful juggernaut piazza

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: rusted geriatric hospital foreskin

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: Slimy Beady-eyed Native

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: glassy useless coldplay fan home

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: cordovan high-end pistol brunch



(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: Zombie-like diverse pit dog poop

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)



Reply Favorite

Date: July 28th, 2015 10:14 PM
Author: fragrant temple boiling water

Looks like I should have...

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



Reply Favorite

Date: July 30th, 2015 2:46 AM
Author: bright bespoke orchestra pit

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)



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Date: July 31st, 2015 1:49 AM
Author: fragrant temple boiling water

For better or worse, have not bought anything yet.

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



Reply Favorite

Date: July 31st, 2015 1:50 AM
Author: cordovan high-end pistol brunch

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: costumed ivory stag film mad cow disease

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: Thriller cuckoldry

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: fragrant temple boiling water

dat Mobil 1 ?

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



Reply Favorite

Date: July 31st, 2015 1:54 AM
Author: Thriller cuckoldry



(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: chest-beating dilemma ceo



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



Reply Favorite

Date: July 31st, 2015 1:56 AM
Author: cordovan high-end pistol brunch



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



Reply Favorite

Date: July 31st, 2015 7:40 AM
Author: sable university double fault



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



Reply Favorite

Date: July 31st, 2015 11:16 AM
Author: Erotic Hairraiser Senate



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



Reply Favorite

Date: August 3rd, 2015 10:53 AM
Author: Cerebral gaped hell



(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: swashbuckling elite lettuce

CR explain this fraudlie

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



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Date: July 31st, 2015 10:25 AM
Author: Zombie-like diverse pit dog poop

now is prob a good time to snatch some up

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



Reply Favorite

Date: July 31st, 2015 11:33 AM
Author: cordovan high-end pistol brunch

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: Zombie-like diverse pit dog poop

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)



Reply Favorite

Date: July 31st, 2015 12:29 PM
Author: glassy useless coldplay fan home

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: Titillating shrine

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: Zombie-like diverse pit dog poop

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 university double fault

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: Zombie-like diverse pit dog poop

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: glassy useless coldplay fan home

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: Arousing Travel Guidebook Tattoo

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: mind-boggling people who are hurt fortuitous meteor

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: Arousing Travel Guidebook Tattoo

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: Zombie-like diverse pit dog poop

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: Arousing Travel Guidebook Tattoo

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)