jaycee + 348 jc December 3, 2018 (edited) 15 minutes ago, Tom Kirkman said: Anybody want to take a guess what my hope is for Brent and WTI oil prices in 2019? Just a wild guess? Anyone? We had a competition for PoO in December but the base assumptions changed overnight when Trump backed off on Iranian sanctions. Predicting next year is so far away as to be lucky dip you cannot base any assumptions on anything currently visible as Trump could do anything and totally change the base case of any assumption. Edited December 3, 2018 by jaycee typos Quote Share this post Link to post Share on other sites
Specyoulator + 9 YT December 3, 2018 The real question is what is the OPEC going to do...not Trump...we already know that Trump is going to produce and sell oil at very large scale. Unless he is kicked out of the WH. Quote Share this post Link to post Share on other sites
Tom Kirkman + 8,860 December 3, 2018 4 minutes ago, jaycee said: We had a competition for PoO in December but the base assumptions changed overnight when Trump backed off on Iranain sanctions. Predicting next year is so far away as to be lucky dip you canot base any assumptions on anything currently visible as Trump could do anything and totally change the base case of any assumption. Quote Share this post Link to post Share on other sites
jaycee + 348 jc December 3, 2018 3 minutes ago, Specyoulator said: The real question is what is the OPEC going to do...not Trump...we already know that Trump is going to produce and sell oil at very large scale. Unless he is kicked out of the WH. What in our opinion is the reason for the fall from $80 to $60? Trump or OPEC? OPEC are pretty obvious in what they want Trump doesn't know day to day what he wants. Quote Share this post Link to post Share on other sites
Specyoulator + 9 YT December 26, 2018 On 12/3/2018 at 2:16 AM, Specyoulator said: 30 bucks anybody remember this? 1 Quote Share this post Link to post Share on other sites
Qanoil + 116 QA August 16, 2019 The "Russia Russia Russia" scapegoat is wearing thin after a few years. We need a new and improved scapegoat. Presenting ... The Russia and Saudia Arabia scapegoat for falling oil prices. You're welcome. Saudi Arabia And Russia Unlikely To Agree On New Oil Cuts Quote Share this post Link to post Share on other sites
DanilKa + 443 August 18, 2019 Gee, marijuana legalisation at work:) Although above conspiracies may sound complex, fundamentally it’s a search for a simple explanation of a complex problem. Difference between simple and complex solution is that complex one tend to work... I don’t pretend to understand everything Raoul Pal says in this interview but his theory of a strong dollar as a root cause of many troubles including oil price slide is the most plausible I’ve heard Perhaps some may find conspiracy in USD rise:) https://www.theinvestorspodcast.com/episodes/tip256-macro-concerns-w-raoul-pal/ Quote Share this post Link to post Share on other sites
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