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Can I start buying oil yet?

Is Iran priced in ? Or still more room to drop ?
Dashing Ticket Booth Masturbator
  07/27/15
...
violet water buffalo state
  07/27/15
not QUITE yet. driller greed is keeping supply higher than ...
Ivory heaven
  07/27/15
Go on
180 magical hissy fit
  07/27/15
God I just love when brain dead retards try to explain a ser...
floppy translucent stock car
  07/27/15
The line I hear repeated in finance articles is that Saudi A...
Exciting university
  07/27/15
I see the point. Has any glut lasted that long though? E...
Dashing Ticket Booth Masturbator
  07/27/15
That's not the definition of a glut. There's not a bunch of ...
Exciting university
  07/27/15
this. i think the problem is that many people don't quite ge...
thriller greedy international law enforcement agency
  07/27/15
Sell puts
Motley mexican
  07/27/15
ERX and UCO ftw
Turquoise high-end senate
  07/27/15
Looking at its history, I wouldn't buy until it gets down to...
vibrant hyperactive trailer park selfie
  07/31/15
...
violet water buffalo state
  07/27/15
i wouldnt buy oil specifically but i would start looking at ...
Trip Fishy Fat Ankles Mediation
  07/27/15
Looks like I should have...
Dashing Ticket Booth Masturbator
  07/28/15
wait till a confirmation in a reversal, don't want to catch ...
Stirring Adulterous Useless Brakes
  07/30/15
For better or worse, have not bought anything yet.
Dashing Ticket Booth Masturbator
  07/31/15
I bought $500 of VDE. Turns out I already had bought $600 w...
violet water buffalo state
  07/31/15
ive loaded up on RYE and have 13k now, may by 2k more or so
rose hall
  07/31/15
went by autozone and the prices seemed the same as usual
Indecent Mad Cow Disease Mad-dog Skullcap
  07/31/15
dat Mobil 1 ?
Dashing Ticket Booth Masturbator
  07/31/15
...
Indecent Mad Cow Disease Mad-dog Skullcap
  07/31/15
...
crimson beady-eyed range
  07/31/15
...
violet water buffalo state
  07/31/15
...
Flushed Out-of-control National
  07/31/15
...
Effete Theatre
  07/31/15
...
Light french temple
  08/03/15
CR explain this fraudlie
tan abnormal sound barrier church
  08/03/15
now is prob a good time to snatch some up
Trip Fishy Fat Ankles Mediation
  07/31/15
Gonna buy $5k of VDE on payday
violet water buffalo state
  07/31/15
the worst news has already come out since earnings release, ...
Trip Fishy Fat Ankles Mediation
  07/31/15
what's to say it won't keep falling?
vibrant hyperactive trailer park selfie
  07/31/15
so uh bros this oil at 40-something a barrel is the beginnin...
Vivacious fluffy keepsake machete property
  07/31/15
its actually great for refiners and downstream and adjacent ...
Trip Fishy Fat Ankles Mediation
  07/31/15
offshore fucked
Flushed Out-of-control National
  08/03/15
yea see dat high breakeven play
Trip Fishy Fat Ankles Mediation
  08/03/15
Approaching $45 lol http://m.nasdaq.com/markets/crude-oil.a...
vibrant hyperactive trailer park selfie
  08/03/15
Just put 1K each in PVA, REXX, XCO, SD, LINE, HK, MHR, CRK, ...
floppy translucent stock car
  08/03/15
there are so many things wrong with this post that i don't e...
contagious public bath french chef
  08/03/15
Enlighten us Mr. Fundamentals Masterman.
floppy translucent stock car
  08/03/15
this is garbage
Trip Fishy Fat Ankles Mediation
  08/03/15
nice analysis, faggot. what are the chances that all 10 go ...
floppy translucent stock car
  08/03/15


Poast new message in this thread



Reply Favorite

Date: July 27th, 2015 3:49 AM
Author: Dashing Ticket Booth Masturbator

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: violet water buffalo state



(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: Ivory heaven

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: 180 magical hissy fit

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: floppy translucent stock car

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: Exciting university

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: Dashing Ticket Booth Masturbator

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: Exciting university

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: thriller greedy international law enforcement agency

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: Motley mexican

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: Turquoise high-end senate

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: vibrant hyperactive trailer park selfie

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: violet water buffalo state



(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: Trip Fishy Fat Ankles Mediation

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: Dashing Ticket Booth Masturbator

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: Stirring Adulterous Useless Brakes

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: Dashing Ticket Booth Masturbator

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: violet water buffalo state

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: rose hall

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: Indecent Mad Cow Disease Mad-dog Skullcap

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: Dashing Ticket Booth Masturbator

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: Indecent Mad Cow Disease Mad-dog Skullcap



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



Reply Favorite

Date: July 31st, 2015 11:15 AM
Author: crimson beady-eyed range



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



Reply Favorite

Date: July 31st, 2015 1:56 AM
Author: violet water buffalo state



(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: Flushed Out-of-control National



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



Reply Favorite

Date: July 31st, 2015 11:16 AM
Author: Effete Theatre



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



Reply Favorite

Date: August 3rd, 2015 10:53 AM
Author: Light french temple



(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: tan abnormal sound barrier church

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: Trip Fishy Fat Ankles Mediation

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: violet water buffalo state

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: Trip Fishy Fat Ankles Mediation

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: vibrant hyperactive trailer park selfie

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: Vivacious fluffy keepsake machete property

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: Trip Fishy Fat Ankles Mediation

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: Flushed Out-of-control National

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: Trip Fishy Fat Ankles Mediation

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: vibrant hyperactive trailer park selfie

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: floppy translucent stock car

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: contagious public bath french chef

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: floppy translucent stock car

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: Trip Fishy Fat Ankles Mediation

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: floppy translucent stock car

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)