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Today 21:03Price: 22.25
romaron1,046 posts
RE: RE; RE: Rystad energy

Hi F_AHL - All bets are on reduced demand and renewables picking up any slack (judging by oil stock prices; esp. EnQuest). With the focus on spot oil price and politicians wanting re-election it isn't really a surprise that everybody concentrates on the front end. I am betting on the opposite with a scepticism of what gap shale can fill. It pays sometimes to have a horizon further than next week or the next RNS. Oil is decidedly not on trend and out of fashion. However, oil is a commodity and it doesn't actually follow what next year's colour or fabric is.
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Today 20:39Price: 22.25
gkb47384 posts
RE: RE; RE: Rystad energy

Hopefully will hels with squifs obvious pessimism.

https://uk.reuters.com/article/uk-global-oil/oil-prices-edge-up-on-hopes-global-supplies-will-tighten-idUKKBN1OC039
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Today 20:01Price: 22.25
F_AHL20 posts
RE: RE; RE: Rystad energy

Some interesting thoughts [so far not validated the numbers and few sources in the article], but in principle confirms my view - much less investment in exploration to uphold supply: 3-4y investment cycle leads to increasing decline of supply and a visible gap. Investments in oil exploration have been decreasing since last crash and this is the snow ball effect which will become visible. Saudi are maxed out on their spare capacity, so likely Russia. US have been able to plug the gap with shale and shorter investment to supply cycles. How long will that be sustainable?

https://energi.news/opinion/opinion-are-we-heading-for-an-oil-supply-shock-2/
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Today 19:53Price: 22.25
heardy593 posts
RE: RE; RE: Rystad energy

I agree Squif, I think back to proper trading floors and ban borrowing shares/futures is what is needed, but we all know that will never happen, geese and golden eggs etc, I am convinced that this style of greed trading will eventually collapse the financial system globally, I feel the the cracks are already starting to form.
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Today 19:36Price: 22.25
Squif1,347 posts
RE: RE: Rystad energy

The oil market is potentially one of the most corrupt markets in existence. Analysts can basically write whatever they want to move poo up and down as you weite heardy. I think that many of these inventory reports are made up - the api report is as useful as a sundeck in winter. And now to top that off we have numpty who can push the poo down 2 nicka with a one line tweet
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Today 19:27Price: 22.25
heardy593 posts
RE: RE: Rystad energy

Maybe they have lots shorting mates, poo doing the $2 dollar two-step for the last 2 weeks despite opec + inventory draws. Work it up and down twice a day with algobots and pocket your 5% on a daily basis because you didn't get your $50pb on your original short position. This is not a market, just betting and making it go your way. Hopefully by the end of the year they will be happy and p88s off or take up some longs.
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Today 19:07Price: 22.25
gkb47384 posts
RE: Rystad energy

Would these be the same analysts that saitd oil would be at $100 by the end of 2018?

Like economists never the same answer twice to any question.
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Today 18:57Price: 22.25
Krakenoil2,738 posts
RE: Rystad energy

Looking back Declining world oil production will start to take effect Q2 19 according to the analysts in 2016
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Today 18:27Price: 22.25
Squif1,347 posts
RE: Rystad energy

Yeah - that confuses me too. I am surprised that we have not seen more declines from other assets. We have had significant declines - of course a lot of projects like kraken were started before and during 2014 and are getting delivered now - will we see declines during 2020?
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Today 18:22Price: 22.25
northernmonkey210 posts
squif

Your post 16:35,"i think it is all over",more of the same dribble from you yet again!!!! I can only wish your posts were over!!!
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