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Jia Qian (钱 Qiá n)! better
Jia you !!! LOL
Well done !
Oil could hit US$60 before year-end, says Barron' s citing Citi analyst
Monday, July 10, 2017 - 07:28
Accelerating world oil demand and reduced supply from the Organization of the Petroleum Exporting Countries (Opec) could push crude prices up to US$60 a barrel before the end of the year, according to a report from Barron' s.
PHOTO: REUTERS
[BENGALURU] Accelerating world oil demand and reduced supply from the Organization of the Petroleum Exporting Countries (Opec) could push crude prices up to US$60 a barrel before the end of the year, according to a report from Barron' s.
The report cites research from Citigroup senior energy analyst Eric Lee, who previously called for a bear market in oil when the price was above US$100. The decline in recent weeks to a low of just over US$44 for Brent crude, the international benchmark, has made Mr Lee a short-term bull, Barron' s notes.
Mr Lee projects demand of 97.3 million barrels a day in 2017, a record high, up from 96 million in 2016, driven largely by emerging market countries such as China and India. Simultaneously, reduction in supply from Opec of about 0.7 million barrels a day versus the 2016 average should drive the price up before the end of the fourth quarter.
Denmark's Saxo Bank said that oil prices could rise towards US$55 per barrel in the coming months, but said it expected lower prices towards the end of the year and into 2018, especially if Opec and Russia fail to extend the production cut deal beyond the first quarter of 2018.
My guess oil is appreciating to $49 level then stablise or drop before it hit $52 again so Kris will raise too
out of favor alrdy ...
Wind22i ( Date: 06-Jul-2017 08:10) Posted:
US crude sinks 4.1%, settling at $45.13 ..
Gameover. Be careful.. |
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Look like next financial result is favourable
Look bullish ahead
Anything around 10cts will be very attractive.
10.5 to 11cts can accumulate.
11 to 11.5cts buy small will do.
That's my opinion.
Chart trend look ok should eventually go upwards
US crude sinks 4.1%, settling at $45.13 ..
Gameover. Be careful..
Observing .... GL !
HB8289 ( Date: 05-Jul-2017 16:41) Posted:
| huge accumulation at 0.125 |
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Tomorrow 0.13 cts
huge accumulation at 0.125
0.127 going going gone....
Moodys downgrade Qatar outlook to negative............. let see if Qatar fell for the Arab League trap by cozy up to Iran more. If that happens............ probabilities of military act will increased.
No wine or champagne yet but will celebrate with kopi.
Did not expect to reach 128 so fast, only 38mins after i posted........... the Market must be getting really negative on the Qatar thingy.............
Siwomp ( Date: 05-Jul-2017 09:39) Posted:
128!
Siwomp ( Date: 05-Jul-2017 09:01) Posted:
| Qatar dateline today......... 128 looks good. |
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As predicited
chanbs ( Date: 05-Jul-2017 09:22) Posted:
sticky at 12.6 ...
HB8289 ( Date: 05-Jul-2017 09:04) Posted:
| seller is very low so should clear 0.13cts |
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