The oil issue ...
Wondering :
The price of oil is falling, OPEC is not cutting production, the US is starting to export oil for the first time in 75 years, which it was not buying at current prices.
WHAT IS THIS?
In practice the more commodity and supply the less the price of it, does the majority want to collapse the price of oil to $5-6$ ??? then production itself will not be profitable.
Who needs it?
What will happen next?
What is to be hoped for?
And when will it end?
Let's try to understand it at least a bit, are there any experts on oil ? I don't understand anything at all....
At least $25 to $30.
Yes, they want to collapse, but there are objective processes.
And such a price will be at least the whole of 2016.
Wondering :
The price of oil is falling, OPEC is not cutting production, the US is starting to export oil for the first time in 75 years, which it was not buying at current prices.
WHAT IS THIS?
In practice the more commodity and supply the lower the price, does the majority want to collapse the price of oil to 5-6$ ??? then production itself will become unprofitable.
Who needs it ?
What will happen next ?
What is to be hoped for ?
And when will it end ?
Let's try to understand it at least a bit, are there any experts on oil ? I don't understand anything at all....
I'm not a specialist, office professionals will be here in the afternoon )). Yesterday I listened to a podcast, quite an interesting guy, just about oil, top podcast. Please note that KP is not the opposition, so if there are gloomy predictions one should take it seriously. http://www.kp.ru/radio/program/4461/
- www.kp.ru
No one talks about hedging in the futures market and that there are long term contracts with execution in 2-3 years where there is volume.
There is another reality where you can make money at $30 prices at a cost of $60.
But, let's not prompt. Someone reads here, and then gets good money for his reports. Let him think for himself.
There is another reality where you can make money at a price of $30 with a cost price of $60.
What is the reality?
A derivatives market where you can hedge supplies. The only question is the price at which you hedge.
With today's oil prices, could you sell someone a $100/barrel futures contract?
Not today, but a year and a half ago there were plenty of such opportunities. Again, there are long-distance contracts.
If we look at the current situation, there are volumes all the way down to December futures with a closing date in 2018. That's on the CME, but there are other venues as well.
Not today, but a year and a half ago there were plenty of such opportunities. Again, there are long-distance contracts.
If we look at the current situation, there are volumes all the way down to December futures with a closing date in 2018. This is on the CME, and there are other venues as well.
This is all pure theory.
You can't make money on your oil right now at a cost of $80.
The people who buy and sell oil futures are market professionals, not have read a couple of books on futures trading like you.
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Wondering :
The price of oil is falling, OPEC is not cutting production, the US is starting to export oil for the first time in 75 years, which it was not buying at current prices.
WHAT IS THIS?
In practice the more commodity and supply the lower the price, does the majority want to collapse the price of oil to 5-6$ ??? then production itself will become unprofitable.
Who needs it?
What will happen next?
What to hope for?
And when will it end?
Let's try to understand it at least a bit, are there any experts on oil ? I don't understand anything at all....