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Can I start buying oil yet?

Is Iran priced in ? Or still more room to drop ?
deep stirring community account temple
  07/27/15
...
Useless arousing toilet seat crackhouse
  07/27/15
not QUITE yet. driller greed is keeping supply higher than ...
Salmon floppy marketing idea
  07/27/15
Go on
aromatic flatulent regret
  07/27/15
God I just love when brain dead retards try to explain a ser...
coiffed iridescent address
  07/27/15
The line I hear repeated in finance articles is that Saudi A...
Electric School Cafeteria
  07/27/15
I see the point. Has any glut lasted that long though? E...
deep stirring community account temple
  07/27/15
That's not the definition of a glut. There's not a bunch of ...
Electric School Cafeteria
  07/27/15
this. i think the problem is that many people don't quite ge...
vibrant disrespectful forum mexican
  07/27/15
Sell puts
out-of-control diverse public bath trump supporter
  07/27/15
ERX and UCO ftw
crawly elastic band liquid oxygen
  07/27/15
Looking at its history, I wouldn't buy until it gets down to...
sticky degenerate
  07/31/15
...
Useless arousing toilet seat crackhouse
  07/27/15
i wouldnt buy oil specifically but i would start looking at ...
big-titted boiling water
  07/27/15
Looks like I should have...
deep stirring community account temple
  07/28/15
wait till a confirmation in a reversal, don't want to catch ...
180 underhanded ticket booth
  07/30/15
For better or worse, have not bought anything yet.
deep stirring community account temple
  07/31/15
I bought $500 of VDE. Turns out I already had bought $600 w...
Useless arousing toilet seat crackhouse
  07/31/15
ive loaded up on RYE and have 13k now, may by 2k more or so
Cyan gunner
  07/31/15
went by autozone and the prices seemed the same as usual
lake incel twinkling uncleanness
  07/31/15
dat Mobil 1 ?
deep stirring community account temple
  07/31/15
...
lake incel twinkling uncleanness
  07/31/15
...
odious aqua bbw new version
  07/31/15
...
Useless arousing toilet seat crackhouse
  07/31/15
...
fragrant national codepig
  07/31/15
...
swashbuckling idea he suggested stage
  07/31/15
...
azure gas station
  08/03/15
CR explain this fraudlie
razzle rambunctious tattoo headpube
  08/03/15
now is prob a good time to snatch some up
big-titted boiling water
  07/31/15
Gonna buy $5k of VDE on payday
Useless arousing toilet seat crackhouse
  07/31/15
the worst news has already come out since earnings release, ...
big-titted boiling water
  07/31/15
what's to say it won't keep falling?
sticky degenerate
  07/31/15
so uh bros this oil at 40-something a barrel is the beginnin...
shimmering multi-billionaire faggot firefighter
  07/31/15
its actually great for refiners and downstream and adjacent ...
big-titted boiling water
  07/31/15
offshore fucked
fragrant national codepig
  08/03/15
yea see dat high breakeven play
big-titted boiling water
  08/03/15
Approaching $45 lol http://m.nasdaq.com/markets/crude-oil.a...
sticky degenerate
  08/03/15
Just put 1K each in PVA, REXX, XCO, SD, LINE, HK, MHR, CRK, ...
coiffed iridescent address
  08/03/15
there are so many things wrong with this post that i don't e...
Unholy site preventive strike
  08/03/15
Enlighten us Mr. Fundamentals Masterman.
coiffed iridescent address
  08/03/15
this is garbage
big-titted boiling water
  08/03/15
nice analysis, faggot. what are the chances that all 10 go ...
coiffed iridescent address
  08/03/15


Poast new message in this thread



Reply Favorite

Date: July 27th, 2015 3:49 AM
Author: deep stirring community account temple

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: Useless arousing toilet seat crackhouse



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



Reply Favorite

Date: July 27th, 2015 4:32 AM
Author: Salmon floppy marketing idea

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: aromatic flatulent regret

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: coiffed iridescent address

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: Electric School Cafeteria

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)



Reply Favorite

Date: July 27th, 2015 1:06 PM
Author: deep stirring community account temple

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: Electric School Cafeteria

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)



Reply Favorite

Date: July 27th, 2015 1:18 PM
Author: vibrant disrespectful forum mexican

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)



Reply Favorite

Date: July 27th, 2015 1:08 PM
Author: out-of-control diverse public bath trump supporter

Sell puts

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



Reply Favorite

Date: July 27th, 2015 1:09 PM
Author: crawly elastic band liquid oxygen

ERX and UCO ftw

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



Reply Favorite

Date: July 31st, 2015 11:14 AM
Author: sticky degenerate

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: Useless arousing toilet seat crackhouse



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



Reply Favorite

Date: July 27th, 2015 1:24 PM
Author: big-titted boiling water

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: deep stirring community account temple

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: 180 underhanded ticket booth

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: deep stirring community account temple

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: Useless arousing toilet seat crackhouse

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)



Reply Favorite

Date: July 31st, 2015 1:51 AM
Author: Cyan gunner

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: lake incel twinkling uncleanness

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: deep stirring community account temple

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: lake incel twinkling uncleanness



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



Reply Favorite

Date: July 31st, 2015 11:15 AM
Author: odious aqua bbw new version



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



Reply Favorite

Date: July 31st, 2015 1:56 AM
Author: Useless arousing toilet seat crackhouse



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



Reply Favorite

Date: July 31st, 2015 7:40 AM
Author: fragrant national codepig



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



Reply Favorite

Date: July 31st, 2015 11:16 AM
Author: swashbuckling idea he suggested stage



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



Reply Favorite

Date: August 3rd, 2015 10:53 AM
Author: azure gas station



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



Reply Favorite

Date: August 3rd, 2015 11:07 AM
Author: razzle rambunctious tattoo headpube

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: big-titted boiling water

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: Useless arousing toilet seat crackhouse

Gonna buy $5k of VDE on payday

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



Reply Favorite

Date: July 31st, 2015 12:03 PM
Author: big-titted boiling water

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: sticky degenerate

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: shimmering multi-billionaire faggot firefighter

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)



Reply Favorite

Date: July 31st, 2015 12:04 PM
Author: big-titted boiling water

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)



Reply Favorite

Date: August 3rd, 2015 11:02 AM
Author: fragrant national codepig

offshore fucked

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



Reply Favorite

Date: August 3rd, 2015 11:17 AM
Author: big-titted boiling water

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: sticky degenerate

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)



Reply Favorite

Date: August 3rd, 2015 11:12 AM
Author: coiffed iridescent address

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)



Reply Favorite

Date: August 3rd, 2015 11:13 AM
Author: Unholy site preventive strike

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)



Reply Favorite

Date: August 3rd, 2015 11:16 AM
Author: coiffed iridescent address

Enlighten us Mr. Fundamentals Masterman.

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



Reply Favorite

Date: August 3rd, 2015 11:18 AM
Author: big-titted boiling water

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: coiffed iridescent address

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)