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- 5 Results (3 Replies , 2 Comments )
- Chancy replied Nov 30, 2023
Thing is with oil it's very difficult to turn off the flow. So guessing that OPEC will be stashing thousands of barrels of oil somewhere. Creating a glut. Meanwhile the price goes up as less is available. Actually from one point of view this is good ...
- Chancy commented Nov 10, 2023
It's baffling as to just how much oil there is in the world. 50 years ago they said we'd be run out by now !
- Chancy commented Nov 5, 2023
Is the demand there ? Are people driving more or less ? Getting near winter in the northern hemisphere. 9 million bpd is still a heck of a load of oil.
- Chancy replied Mar 9, 2022
[quote=fontu;13926185], brent likely below 121, to 119/8/7 possible, Tend to agree , also possible head and shoulders image
- Chancy replied Mar 5, 2022
Brent crude passing 14750 July 2008 high is becoming more imminent . Reasons : 2 ships in the Black sea have been attacked . US banning oil imports . Oil from Iran will take 2 months to be on tap . Whatever, as W.D.Gann said always use a stop loss ...
- Posts by Member Search: 'Chancy'