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Rex revival
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allinalltheway
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26-Aug-2020 06:58
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https://www.businesstimes.com.sg/energy-commodities/oil-hits-five-month-highs-as-us-producers-cut-output-ahead-of-hurricane?utm_medium=social-organic&utm_source=Facebook#Echobox=1598393793 | ||||
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HendriJB
Supreme |
26-Aug-2020 06:47
Yells: "Breathe, Step Back - Think " |
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US Going to run out of oil?
U.S. oil stockpiles declined for a fifth-straight week as American producers braced for the onslaught of Hurricane Laura. U.S. crude inventories fell by 4.5 million barrels last week, according to an estimate released Tuesday by the American Petroleum Institute, after a draw of 4.3 million barrels the previous week. The weekly draw has surpassed expectations since late July as traders gauge demand as a sign that businesses are returning to health after Covid-related shutdowns. West Texas Intermediate, the U.S. benchmark for oil, was up 1.8% after settling 1.6% higher at $43.31 a barrel on Tuesday. Oil prices were supported by expectations for lower crude production as drillers and refiners along the U.S. Gulf Coast shut-in operations in advance of a one-two punch of storms. Tropical Storm Marco petered out after making landfall on Monday near the mouth of the Mississippi River. But right behind him, Laura strengthened to a category 1 hurricane and is expected to gain even more power before making landfall on the Louisiana to Texas coastline in the next day or so. |
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98mich98
Master |
25-Aug-2020 23:54
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Haha tomoroow need to buy at 168 liao. I got more at 164. 🤑 🤑 🤑
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makdatok
Supreme |
25-Aug-2020 23:31
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Wti shot back up above 43...kah kah kah
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98mich98
Master |
25-Aug-2020 22:43
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Drop 1 dollar nia, steady la. Tomorrow remember to monitir rex.
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stockshort
Supreme |
25-Aug-2020 22:36
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once you appear wti crash below 43 again
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98mich98
Master |
25-Aug-2020 22:36
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Haha, everyday u come here scold. Okok tomorrow i push. I think its time for some oil action
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stockshort
Supreme |
25-Aug-2020 22:35
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cheong down! garbage stock
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allinalltheway
Member |
25-Aug-2020 22:31
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Every week also chiong chiong but words chiong price no chiong
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stockshort
Supreme |
25-Aug-2020 22:29
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hahahaah funny oil cant even hold wti 43 below again brent 46 below again future is blewak | ||||
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guards80
Supreme |
25-Aug-2020 21:32
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Trade talk positive make oil chiong up | ||||
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makdatok
Supreme |
25-Aug-2020 21:15
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Waaa..wti breaks 43...43.44 atm....sweee ahhh | ||||
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98mich98
Master |
25-Aug-2020 20:46
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Soon. Medical resting. Oil counters play coming | ||||
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allinalltheway
Member |
25-Aug-2020 20:41
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Can rex still can survive? Been many wave... what is going on..... | ||||
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SCL1961
Senior |
25-Aug-2020 20:02
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2H20 result may look like this: 8000 barrel X $44 (average price) X 182 days - ($80 000 + loss in 1H20 + expenses in 2H20). Any additional income will come from increase in oil price or sale of Norway license. 2021 should be very positive as long as oil price stabilised at $45.
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makdatok
Supreme |
25-Aug-2020 19:53
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* since june | ||||
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makdatok
Supreme |
25-Aug-2020 19:44
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Wti couldnt break 43 since march...It tried for week upon week but still unsuccessful...becomes psycological berrier,effecting brent too | ||||
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98mich98
Master |
25-Aug-2020 19:44
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Unlrss crash below 30. If not we will see positive returns of rex. | ||||
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SCL1961
Senior |
25-Aug-2020 19:42
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Not wrong to say Brent but rightfully it should be Oman Crude Oil. Presently, it's$45.24 now. :-)
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makdatok
Supreme |
25-Aug-2020 19:35
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Both...But more on brent..
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