The oil issue ... - page 58
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In the meantime, the US is expecting a rebound from the so-called 'bottom' soon, pointing to five possible reasons for this (article here - 12 hours ago):
It's interesting - Sechin (in his speech in London) calmly admits oil at 10, while the US is actively musing about the oil price increase they need ... So they are worse off when oil prices are low than we are?
...
It's interesting here - Sechin (in his speech in London) calmly admits oil at 10, while the US is actively musing about the oil price rise they need ... it turns out that when oil prices are low they are worse off than we are?
I think he (Sechin) was just teasing about a $10 price and a cost of 2.7.
For example, the RF news today is constantly broadcasting what the German ambassador said. What would that be about? I looked at the DAX index - and it has fallen in the medium term, and that fall is amplified by a downward breakdown (weekly chart):
And in the long term, a secondary correction, although so far within the area of the primary uptrend, but already the 'break-down' line of the Chinkou Span crosses the price from above to below, so far only on the open monthly bar, but if this trend of a downtrend continues in March, the index could fall completely in the long term for this entire year and possibly for next year as well. That is - there could be a crisis there this summer:
Maybe it's a worldwide crisis on its way ... that is, the demand for oil will probably not increase if this is exactly the kind of crisis.
I painted nice pictures... Didn't work))) Seriously, it's part of his job and the verbal
interventions are part of it. + Politics. He is now clearly saying - we don't care how low you drop it.
It will not affect Russia's negotiability. What he is right about... is that a low price
compresses the spring. It doesn't matter how much oil there is now... if exploration and production continues to decline then.....
USA- Of course they are also stressed by low prices. Republicans have been feeding off it all their lives and it doesn't matter if it benefits
the rest of the country whether it's cheap or not... All imho of course...
I'm on the safe side))) I was too optimistic last September... Didn't work.
Painted pretty pictures... didn't work))) Seriously, it's part of his job and the verbal
interventions are part of it. + Politics. He is now clearly saying - we don't care how low you drop it.
It will not affect Russia's ability to negotiate. What he is right about... is that a low price
compresses the spring. It doesn't matter how much oil there is now... if exploration and production continues to drop then.....
USA- Of course they are also stressed by low prices. Republicans have been feeding off it all their lives and it doesn't matter if it benefits
the rest of the country whether it's cheap or not... Imho of course...
... so we need to dramatically reinforce our positions... and hit the enemy on the far side... see who doesn't have the guts...
Are you now sitting in a trench near Aleppo in a smoky camouflage, clutching a scratched RPG in your dirty hands and gazing into the twilight waiting for the Abrams or the Turkish Altai to approach?
Interesting article about shale gas production in the US, from 2012, I think that's when it all started.
http://www.popmech.ru/technologies/13139-gaz-v-zatochenii-skvazhina/#full
Oil situation now.
Intraday (H4 timeframe) price has turned (once again) into an uptrend (for how long?):
On the daily chart, the situation since the end of January this year is almost unchanged - the price is in a primary downtrend in a secondary multidirectional movement between support levels 29.88/27.06 and resistance level 35.48. The possible start of the price reversal to the daily uptrend can be talked about when the price will be somewhere between 39 and 43.