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Can I start buying oil yet?

Is Iran priced in ? Or still more room to drop ?
confused excitant marketing idea
  07/27/15
...
lemon charismatic location famous landscape painting
  07/27/15
not QUITE yet. driller greed is keeping supply higher than ...
odious dilemma
  07/27/15
Go on
Laughsome rose base
  07/27/15
God I just love when brain dead retards try to explain a ser...
thirsty sickened bawdyhouse
  07/27/15
The line I hear repeated in finance articles is that Saudi A...
stirring clown
  07/27/15
I see the point. Has any glut lasted that long though? E...
confused excitant marketing idea
  07/27/15
That's not the definition of a glut. There's not a bunch of ...
stirring clown
  07/27/15
this. i think the problem is that many people don't quite ge...
Magenta swashbuckling wrinkle lodge
  07/27/15
Sell puts
peach vivacious tanning salon
  07/27/15
ERX and UCO ftw
bronze shitlib degenerate
  07/27/15
Looking at its history, I wouldn't buy until it gets down to...
gay 180 stage
  07/31/15
...
lemon charismatic location famous landscape painting
  07/27/15
i wouldnt buy oil specifically but i would start looking at ...
rusted bossy orchestra pit
  07/27/15
Looks like I should have...
confused excitant marketing idea
  07/28/15
wait till a confirmation in a reversal, don't want to catch ...
canary house-broken half-breed hell
  07/30/15
For better or worse, have not bought anything yet.
confused excitant marketing idea
  07/31/15
I bought $500 of VDE. Turns out I already had bought $600 w...
lemon charismatic location famous landscape painting
  07/31/15
ive loaded up on RYE and have 13k now, may by 2k more or so
Onyx spot international law enforcement agency
  07/31/15
went by autozone and the prices seemed the same as usual
disgusting motley state
  07/31/15
dat Mobil 1 ?
confused excitant marketing idea
  07/31/15
...
disgusting motley state
  07/31/15
...
Bateful Cerise School Cafeteria Hissy Fit
  07/31/15
...
lemon charismatic location famous landscape painting
  07/31/15
...
Autistic maize headpube
  07/31/15
...
Cerebral legal warrant
  07/31/15
...
Insane trump supporter multi-billionaire
  08/03/15
CR explain this fraudlie
Electric twinkling stead
  08/03/15
now is prob a good time to snatch some up
rusted bossy orchestra pit
  07/31/15
Gonna buy $5k of VDE on payday
lemon charismatic location famous landscape painting
  07/31/15
the worst news has already come out since earnings release, ...
rusted bossy orchestra pit
  07/31/15
what's to say it won't keep falling?
gay 180 stage
  07/31/15
so uh bros this oil at 40-something a barrel is the beginnin...
Maroon Razzmatazz Boiling Water
  07/31/15
its actually great for refiners and downstream and adjacent ...
rusted bossy orchestra pit
  07/31/15
offshore fucked
Autistic maize headpube
  08/03/15
yea see dat high breakeven play
rusted bossy orchestra pit
  08/03/15
Approaching $45 lol http://m.nasdaq.com/markets/crude-oil.a...
gay 180 stage
  08/03/15
Just put 1K each in PVA, REXX, XCO, SD, LINE, HK, MHR, CRK, ...
thirsty sickened bawdyhouse
  08/03/15
there are so many things wrong with this post that i don't e...
Harsh vibrant stock car
  08/03/15
Enlighten us Mr. Fundamentals Masterman.
thirsty sickened bawdyhouse
  08/03/15
this is garbage
rusted bossy orchestra pit
  08/03/15
nice analysis, faggot. what are the chances that all 10 go ...
thirsty sickened bawdyhouse
  08/03/15


Poast new message in this thread



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Date: July 27th, 2015 3:49 AM
Author: confused excitant marketing idea

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

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



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Date: July 27th, 2015 4:12 AM
Author: lemon charismatic location famous landscape painting



(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: odious dilemma

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: Laughsome rose base

Go on

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



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Date: July 27th, 2015 1:32 PM
Author: thirsty sickened bawdyhouse

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: stirring clown

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: confused excitant marketing idea

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)



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Date: July 27th, 2015 1:12 PM
Author: stirring clown

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: Magenta swashbuckling wrinkle lodge

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: peach vivacious tanning salon

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: bronze shitlib degenerate

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: gay 180 stage

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)



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Date: July 27th, 2015 1:14 PM
Author: lemon charismatic location famous landscape painting



(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: rusted bossy orchestra pit

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: confused excitant marketing idea

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: canary house-broken half-breed hell

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: confused excitant marketing idea

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: lemon charismatic location famous landscape painting

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: Onyx spot international law enforcement agency

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)



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Date: July 31st, 2015 1:52 AM
Author: disgusting motley state

went by autozone and the prices seemed the same as usual

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



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Date: July 31st, 2015 1:53 AM
Author: confused excitant marketing idea

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: disgusting motley state



(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: Bateful Cerise School Cafeteria Hissy Fit



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



Reply Favorite

Date: July 31st, 2015 1:56 AM
Author: lemon charismatic location famous landscape painting



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



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Date: July 31st, 2015 7:40 AM
Author: Autistic maize headpube



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



Reply Favorite

Date: July 31st, 2015 11:16 AM
Author: Cerebral legal warrant



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



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Date: August 3rd, 2015 10:53 AM
Author: Insane trump supporter multi-billionaire



(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: Electric twinkling stead

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: rusted bossy orchestra pit

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: lemon charismatic location famous landscape painting

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: rusted bossy orchestra pit

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: gay 180 stage

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: Maroon Razzmatazz Boiling Water

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: rusted bossy orchestra pit

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: Autistic maize headpube

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: rusted bossy orchestra pit

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: gay 180 stage

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: thirsty sickened bawdyhouse

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: Harsh vibrant stock car

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: thirsty sickened bawdyhouse

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: rusted bossy orchestra pit

this is garbage

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



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Date: August 3rd, 2015 11:25 AM
Author: thirsty sickened bawdyhouse

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)