dossou
02 Jan 2022
I voted "yes" in the Oil & Gas Producers poll: ( [email protected] ) Je laisse en donation notre Camping-car Chausson welcome et une somme d’argent que mon mari et moi nous avions gardé pour un projet ) Suite au décès de mon mari victime d’une maladies appelle le coronavirus, je laisse en donation notre Camping-car Chausson welcome ainsi qu’une somme importante que mon mari et moi nous avions gardé pour un grand projet , car cela me rappelle mon défunt mari qui avant sa mort a demandé à ce qu’on fasse don du camping et n [link]
Sniper
20 Mar 2021
I voted "S" in the Oil & Gas Producers poll: Are you a buyer, seller or holder? Long term investor (dividends) or short term trader (price action)? [link]
PasajerodelToro
20 May 2020
I voted "H, LT" in the Oil & Gas Producers poll: Are you a buyer, seller or holder? Long term investor (dividends) or short term trader (price action)? [link]
PasajerodelToro
20 May 2020
I just created a Oil & Gas Producers poll: Are you a buyer, seller or holder? Long term investor (dividends) or short term trader (price action)? What do you think? [link]
tejassi
02 Aug 2018
I voted "Yes" in the Oil & Gas Producers poll: Will Bolton's warmongering rhetoric on Iran drive up oil and gas price, supporting igas ? [link] [link]
PasajerodelToro
27 Mar 2018
I just created a Oil & Gas Producers poll: Will Bolton's warmongering rhetoric on Iran drive up oil and gas price, supporting igas ? [link] What do you think? [link]
legionrider
07 Mar 2017
I voted "Yes" in the Oil & Gas Producers poll: Should Kevin Foo of Victoria Oil and Gas lose his job? [link]
digitaldanuk
07 Dec 2016
saltyjack
Saltyjack
09 Sep 2016
I voted "Yes" in the Oil & Gas Producers poll: Should Kevin Foo of Victoria Oil and Gas lose his Job [link]
Saltyjack
08 Sep 2016
I just created a Oil & Gas Producers poll: Should Kevin Foo of Victoria Oil and Gas lose his Job What do you think? [link]
Duffer
23 Jul 2016
I voted "He should dispose of his royalty payments and stay on as chairman" in the Oil & Gas Producers poll: Do you think Kevin Foo from Victoria Oil and Gas either sort out his royalty payments or resign from the board? [link]
Saltyjack
22 Jul 2016
I voted "No" in the Oil & Gas Producers poll: If you didn't own this share, and had option to bypass suspension would buy today at 14p? Does potential upside outweigh downside? [link]
Saltyjack
22 Jul 2016
I voted "He should dispose of his royalty payments and stay on as chairman" in the Oil & Gas Producers poll: Do you think Kevin Foo from Victoria Oil and Gas either sort out his royalty payments or resign from the board? [link]
Saltyjack
22 Jul 2016
I just created a Oil & Gas Producers poll: Do you think Kevin Foo from Victoria Oil and Gas either sort out his royalty payments or resign from the board? What do you think? [link]
inthemoneystocks
09 Jun 2016
People Are Clueless About The Price Of Oil, This Is Why The psychology of people involved in the stock market never ceases to amaze me. On February 11, 2016 crude oil traded as low as $26.00 a barrel, but people in the stock market were terrified to buy it at that level. In fact, many of the financial talking heads on television were saying that oil would go down to $10.00 a barrel. These types of remarks caused people in the public to avoid investing in crude despite the commodity trading at new yearly lows and being severely oversold. Now crude is trading above $50.00 a barrel and people are afraid to sell it short despite crude rallying higher by nearly 100 percent since February.
Many of the financial talking heads are now saying that oil will go to $75.00 a barrel before peaking out. Isn’t it funny how these so called experts come up with these levels? What are they using to say these statements. The truth is that they are probably hoping it comes back to that level so their investments can work out or recover from the 2016 decline earlier this year. If anyone looks at a chart of crude oil they could clearly see oil has major resistance around the $50 to $55.00 dollar area. Today, crude oil is trading around $51.00 a barrel.
There are many factors that affect the price of crude oil. Some of these factors include oil production output, weather, geopolitical events, and the U.S. Dollar. Out of all of these factors the strength and weakness in the U.S. Dollar seems to be most important. Please understand, most of the oil in the world is traded in U.S. Dollars. So if the U.S. Dollar is strong against most other currencies in the world the oil price will likely decline. That was certainly the primary reason for the decline in crude throughout the past two years.
There are many ways to trade oil despite using oil futures these days. ETF's and ETN's such as the United States Oil Fund LP (ETF)(NYSEARCA:USO), iPath S&P GSCI Crude Oil Total Return(NYSEARCA:OIL), and the ProShares Ultra DJ-UBS Crude Oil(NYSEARCA:UCO) are just a few different vehicles that can be used to trade oil on the long side. Some short side trading equities for crude include the ProShares UltraShort Bloomberg Crude Oil ETF(NYSEARCA:SCO), and the DB Crude Oil Double Short ETN (NYSEARCA
TO).
Full disclosure: I currently own SCO shares.
Nicholas Santiago
Inthemoneystocks
