Reabold Resources Share Discussion Threads

[uggy100] 06/4/2020 21:48

oilbuy, you strike me as being a person who just loves the sound of his own voice. Why don't you give it a rest.

[oilbuy] 06/4/2020 20:32

Humans are the most manipulated not oil !

[oilbuy] 06/4/2020 20:31

Investors being presumptuous that a deal will be done on Thursday. The stock market is irrational and humans are naive and sentimental. Oil is down 50% on last month. It's not going back to 60 and if I'm correct it's going well below 20. Demand is what makes the price of oil and we are in unprecedented waters. Interesting times lie ahead.

[theaviator] 06/4/2020 13:51

All manipulated mate. You only had to look at Saudi oil attack in September . Oil is one of the most manipulated instruments about.

[oilbuy] 05/4/2020 15:58

Stockport , there's not a simple solution to this crisis. Russia can withstand low oil prices with FX reserves of 500 billion dollars to see them through .https://www.cnbc.com/2020/04/04/oil-set-to-crater-monday-as-opec-meeting-delayed-tensions-flare-between-saudi-arabia-and-russia.html

[oilbuy] 03/4/2020 16:33

Called it right lol1.6 down to .25 Good luck boy !

[stockport loser] 03/4/2020 15:18

In summary, you called it wrong.

[oilbuy] 03/4/2020 12:05

In other words the price of oil is not particularly relevant at present. Whats revelant is demand !

[theaviator] 03/4/2020 01:58

Oil going to 40 dollars in my opinion next stop. It could test the 18 but doubtful now. If it does though it'll see 40 as quick as came down. Bought physical silver too last week. Bloody bargain that was although am generally not keen on metals. Couldn't resist it though..still cheap imho

[theaviator] 03/4/2020 01:54

Absolutely mate. Hope you're well. I really have been staying away from aim but couldn't resist them. If lose it I lose it. In for a penny and all that. Keep well.

[stockport loser] 02/4/2020 22:38

https://leaderpost.com/pmn/business-pmn/texas-oil-regulator-sitton-russias-novak-discuss-oil-cuts/wcm/551e43fb-eef6-4f8f-892c-9beaf40fc54b/not the only one who can copy and paste.....tell tale signs were BP and Shell last couple of sessions.

[stockport loser] 02/4/2020 22:23

He wants strategic reserves down not up, hes only buying to prop up shale. 6m weekly increase in jobless claims, he cannot afford for his grass roots oil states to be in depression, not in election year. Nothings certain, but for those few of us who believe a deal will happen, if it does we gain big, if not will these companies go much lower? Risk/reward is as good as its been since 2009

[judijudi] 02/4/2020 19:29

Trump is happy with the low oil price
🤣🤣🤣🤣

[theaviator] 02/4/2020 17:37

Who managed to get some of these lovely tickets in the 20's? Stockport? I picked up a few. Only couple mil but not bad. Was such a great price.

[oilbuy] 02/4/2020 17:18

Don't count your chickens before they are hatched. Take a chill pill.There are other fundamentals at play here besides the oil price. Thats only one part of the picture.Trump is happy with the low oil price at present. They are investing 3 billion dollar for the purchase of cheap oil to fill the state reserves capacity. They need another 77M barrels .

[32campomar] 02/4/2020 16:00

Brent up 25% over $30 !!

[32campomar] 02/4/2020 16:00

Huge spike in oil after trump days 10 million barrels cut

[stockport loser] 02/4/2020 08:20

wheres your Chevron article now Oilbatty?Anything under $30 governments will always intervene, or risk ISIS and the likes taking over ME and N Africa.

[soultrading] 02/4/2020 08:03

Oil prices rise on hopes of a price war truce