PKA
Long

Oil prediction

TVC:USOIL   Crude Oil (WTI)
423 6 13
Just a general idea of where price is headed in the future
lol with libiya start exporting, iraq increasing exxporrt, china and usa slow in growth. Good luck
Reply
PKA PRO Hashimato_pip
Iran's oil is already on the black market. It's not changing the supply picture. Saudi Arabia can't produce more. Natural decline in producing wells will create less supply. Understand the fundamentals, not the headlines.
Reply
Iran oil is in black market becusae they want trade in euro and cheaper to attact customers so more supply. Mexico are drilling more wells, rrig count increasing in us, canada increasing oil, . Demand is less. Norway will banned use oil in 2022 an will use renwalble energy. China increase using solar energy, so did other countries which is why silver is up. Even india increase use solar energy. So did saudi.
Reply
PKA PRO Hashimato_pip
You have a horrible understanding of the macro for crude. You didn't refute the natural production cliff and declining capex. CAPEX cuts will directly translate to less production. Rig counts are useless, look at actual wells and their production curve. You're just reading news headlines to me.
Reply
Relax. Time will tell who has horrible understanding.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out