Jun 25 2017 at 11:58
Right now it's so bearish that $60 per barrell seems like an impossible dream, if you ask me.
Jun 26 2017 at 06:17
so it does... but beneath 45$ it becomes an unservicable product.... long term... must go higher...
Jun 27 2017 at 06:45
TanEric posted:
I am thinking of trading crude oil. Can anyone help me in knowing whether there are any chances of crude oil rise above $60/Barrel?
It could but why it should?
Jun 27 2017 at 08:05
togr posted:TanEric posted:
I am thinking of trading crude oil. Can anyone help me in knowing whether there are any chances of crude oil rise above $60/Barrel?
It could but why it should?
That's what I was wondering too. I doubt it will be rallying that much anytime soon.
Jun 27 2017 at 13:43
I think a fall is more likely now. Global economy seems to be weakening
Jun 28 2017 at 11:50
TerraTopNova posted:
I think a fall is more likely now. Global economy seems to be weakening
Oil seems bullish at the moment, but I agree with you for the long-term.
Jun 28 2017 at 14:52
i pay 1.20 gallon west tx,as long as us provides oil it will never go to 60
Jun 30 2017 at 13:20
On weekly chart WTI may close overlapping the previous candle showing some reversal signs. Most likely if this happen we may see movement up to $48.20/50
Jul 02 2017 at 06:26
mlawson71 posted:TerraTopNova posted:
I think a fall is more likely now. Global economy seems to be weakening
Oil seems bullish at the moment, but I agree with you for the long-term.
What do you call a Fall ? Long term potential for significant move is up.... Downside is very Limited....
It will become uneconomical ....
Jul 12 2017 at 11:33
It was @TerraTopNova that was referring to a fall.
Apart from that, I call a fall any movement (to the downside, obviously) larger than 20 - 40 pips in the short term. In the long-term obviously the movement will be a lot deeper.
Apart from that, I call a fall any movement (to the downside, obviously) larger than 20 - 40 pips in the short term. In the long-term obviously the movement will be a lot deeper.
