Fuel price 'to da moon'

Discussion in 'Current Affairs' started by Ag bullet, Nov 19, 2019.

  1. Tokyo

    Tokyo Member

    Joined:
    Dec 10, 2018
    Messages:
    106
    Likes Received:
    21
    Trophy Points:
    18
    Means you know oil about to drop
     
    sgbuyer likes this.
  2. Oddjob

    Oddjob Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2018
    Messages:
    2,935
    Likes Received:
    2,985
    Trophy Points:
    113
    Location:
    Oz
    [​IMG]
     
  3. Court Jester

    Court Jester Well-Known Member Silver Stacker

    Joined:
    Jul 30, 2012
    Messages:
    3,288
    Likes Received:
    136
    Trophy Points:
    63
    Location:
    Gold Coast QLD
    The economy can't handle an oil price that high
     
    sgbuyer likes this.
  4. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    1,740
    Likes Received:
    967
    Trophy Points:
    113
    Location:
    Singapore
  5. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,989
    Likes Received:
    2,284
    Trophy Points:
    113
    Location:
    昆士蘭
  6. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,989
    Likes Received:
    2,284
    Trophy Points:
    113
    Location:
    昆士蘭
    I’m thinking producers don’t necessarily need high oil prices to make more profits, they just need to cut production costs or find new markets for products ie increase demand.

    Renewables are probably over subscribed from an investment point of view.
     
  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    1,740
    Likes Received:
    967
    Trophy Points:
    113
    Location:
    Singapore
    Looking at this opportunity again. If the wuhan virus can cause oil price to collapse, it might be a good time to get some? Anyone knows which oil major is in the best position to benefit from hydrogen?
     
  8. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    1,740
    Likes Received:
    967
    Trophy Points:
    113
    Location:
    Singapore
    Crazy prices. Xom at $51. 6.5% yield. Still plenty way to fall.
     
  9. Tokyo

    Tokyo Member

    Joined:
    Dec 10, 2018
    Messages:
    106
    Likes Received:
    21
    Trophy Points:
    18
    Best thing person can do is look into how much company owe ( big problem to all , they keep rolling until no tomorrow)
     
  10. Tokyo

    Tokyo Member

    Joined:
    Dec 10, 2018
    Messages:
    106
    Likes Received:
    21
    Trophy Points:
    18
    Keep eye on news. now they gonna talk about $8 oil then we know time to long
     
    sgbuyer likes this.
  11. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    1,740
    Likes Received:
    967
    Trophy Points:
    113
    Location:
    Singapore
    Need to wait till the shale bankruptcies first, then we'll know.
     
  12. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

    Joined:
    Mar 16, 2019
    Messages:
    861
    Likes Received:
    608
    Trophy Points:
    93
    I'd jump all over 8 dollar oil. That would be a gift from the market gods!
     
  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    1,740
    Likes Received:
    967
    Trophy Points:
    113
    Location:
    Singapore
    The virus is more manageable and less deadly at over 80F. It will end by May/June. Maybe just bring forward the summer holidays? Have it in March instead of July?
     
  14. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    1,740
    Likes Received:
    967
    Trophy Points:
    113
    Location:
    Singapore

Share This Page