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  1. Join Date
    Nov 2005
    Posts
    45,927
    #4701
    WTI






    market is pricing in Iran

    not enough

  2. Join Date
    Nov 2005
    Posts
    45,927
    #4702

  3. Join Date
    Nov 2005
    Posts
    45,927
    #4703
    Trump to decide on Iran tonight

    May 8, 2018 4:44 a.m. ET
    TEHRAN—A handful of multinationals are closely monitoring their Iranian interests—and some are plotting ways to preserve them—as the Trump administration weighs reinstating economic sanctions.

    President Donald Trump said he would decide Tuesday whether to follow through on his threats to pull out of a multilateral deal that removed most economic sanctions on Iran in exchange for Tehran limiting its nuclear ambitions.
    4 days ahead of deadline

  4. Join Date
    Sep 2003
    Posts
    25,189
    #4704
    Israeli's proxy decided to follow Bibi's wishes... Economic sanctions to restart in 90 to 180 days including oil trade.

    Brent goes .50 higher at 76.60.

    Sent from my SM-N9005 using Tapatalk

  5. Join Date
    Oct 2012
    Posts
    27,624
    #4705
    Pissedton will rally again [emoji28]

    FOCUS

  6. Join Date
    Mar 2008
    Posts
    54,630
    #4706
    Quote Originally Posted by StockEngine View Post
    Pissedton will rally again [emoji28]

    FOCUS
    perhaps they should put up their own refinery.

  7. Join Date
    Nov 2005
    Posts
    45,927
    #4707
    hahaha


  8. Join Date
    Sep 2003
    Posts
    25,189
    #4708
    Brent broke the USD 77 level.


  9. Join Date
    Oct 2012
    Posts
    27,624
    #4709
    Quote Originally Posted by dr. d View Post
    perhaps they should put up their own refinery.
    using their rusty jeeps and spareparts ? baka euro1 fuels lng kaya nila 🤣

    FOCUS

  10. Join Date
    Nov 2005
    Posts
    45,927
    #4710
    the market isn't considering israel iran war yet

    it will have to price that in pretty soon

    that's gonna be a $10 premium

  11. Join Date
    Sep 2003
    Posts
    25,189
    #4711
    Brent fast approaching 78... just 15 cents off. Will we see USD 80 by June?

  12. Join Date
    Nov 2005
    Posts
    45,927
    #4712
    other OPEC countries can step in to make up for the amount of Iranian crude that gets taken off market

    so what is the market pricing in?

    war

  13. Join Date
    Sep 2003
    Posts
    25,189
    #4713
    Quote Originally Posted by uls View Post
    other OPEC countries can step in to make up for the amount of Iranian crude that gets taken off market

    so what is the market pricing in?

    war

    More sabre rattling to stir up the market...

    Iranian forces 'fire rockets' at Israeli positions in Golan Heights - BBC News

    Boom! 77 t0 78

    Last edited by Monseratto; May 10th, 2018 at 10:31 AM.

  14. Join Date
    Sep 2003
    Posts
    25,189
    #4714

  15. Join Date
    Nov 2005
    Posts
    45,927
    #4715
    brent solidly above 78


  16. Join Date
    Nov 2005
    Posts
    45,927
    #4716
    Price for crude oil from the Permian basin (Texas) is determined using WTI Midland price assessment



    so why is WTI Midland pricing so cheap compared to WTI Cushing?

    Coz so much oil is being produced from the Permian basin that current pipeline capacity isn't enough to get the oil out fast enough

  17. Join Date
    Sep 2003
    Posts
    25,189
    #4717
    Brent broke 79.


  18. Join Date
    Nov 2005
    Posts
    45,927
    #4718
    yes several hours ago

    now back below 79




    --


    the country that benefits most from falling oil prices gets hurt most from rising oil prices

  19. Join Date
    Jul 2016
    Posts
    1,178
    #4719
    Pataas nanaman ba next wik?

    Sent from my vivo 1606 using Tapatalk

  20. Join Date
    Nov 2005
    Posts
    45,927
    #4720
    16, 17, 18

    we got 3 trading days pa eh

    too early to tell

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