crude oil down

Discussion in 'Markets & Economies' started by clear, Nov 27, 2014.

  1. nowaydude

    nowaydude Member

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    question regarding oil,
    is the oil that is drilled out and sold refined? IE oil gets drilled out and gets shipped to US where it then gets refined to WTI or does does it get drilled out in say saudi arabia and refined there before going onto the market?
     
  2. clear

    clear Well-Known Member

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    Dow up - 18140
     
  3. clear

    clear Well-Known Member

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    Oil at $ 42.17 (down $ 1.29)
     
  4. ryan71

    ryan71 Member

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    "Aren't we running out of oil?"

    The planet is making oil, as we speak. Probably faster than we can pump it.
     
  5. clear

    clear Well-Known Member

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    Crude Oil 45.84 -1.28
     
  6. clear

    clear Well-Known Member

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    now 45.57
     
  7. tolly_67

    tolly_67 Well-Known Member

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    Wait until the Greek's default ( You didn't think it was really over did you?)
    the imploding bond market will drive oil into the low 30's.
     
  8. clear

    clear Well-Known Member

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    $ 45.20
     
  9. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    yes not much has changed, war mongering USA is still forcing oil price down and The End still is jobless
     
  10. -j-p-shmorgan

    -j-p-shmorgan New Member

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    :lol:
    Oil Surplus - Thank Opec (& Obama)
     
  11. col0016

    col0016 Active Member

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    Doesn't he have a forklift job now?

    How about yes not much has changed, war mongering USA is still forcing oil price down and Court Jester is still being a self righteous asshole ?
     
  12. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    Obama lifted sactions on Iran, allowing them to also flood the market aswell, forcing the oil price lower.

    financial death to America
     
  13. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    He has had more jobs than you have had tofu dinners ( as your a limp wristed greeny ) i cant keep up but i think he is unemployed currently and if not it probably wont be long.
     
  14. TheEnd

    TheEnd Well-Known Member

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    Worked two nights nightshift this week.

    More dayshifts presently being organised as they're apparently ramping up production.
     
  15. clear

    clear Well-Known Member

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    $ 44.28
     
  16. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Good job.
     
  17. clear

    clear Well-Known Member

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    now 43.75 -0.79
     
  18. billybob888

    billybob888 Well-Known Member Silver Stacker

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    Whos going to buy some oil next week?
     
  19. SilverDJ

    SilverDJ Well-Known Member

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    I've already got a bunch and am now in the red, after being up 20% a few months back.
    Always temping to buy more at this price, but hard to bring my average down much even at these prices. So I'm not sure.
    But anyone who doesn't have oil should really think about getting some, it's seriously low!
     
  20. -j-p-shmorgan

    -j-p-shmorgan New Member

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    It's going below $30 USD. Why would I buy next week? :lol:
     

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