InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,702.55
(
-0.19%
)
US TECH 100
19,288.00
(
-0.24%
)
Dow Jones
42,063.36
(
0.09%
)
Brent Oil
74.14
(
-0.25%
)
Bitcoin
63,109.85
(
0.25%
)
Post# of 89919
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Garyst

Send PM Follow Ignore
Followers 2173
Posts 166949
Boards Moderated 10
Alias Born 09/08/2010

Garyst

Re: stocksfm post# 62010

Thursday, 12/01/2016 11:12:04 AM

Thursday, December 01, 2016 11:12:04 AM

Post# of 89919
Welcome. Nice read there. I am a huge fan of following oil prices and post frequently on crude oil stories on CNBC's site and a few others. I agree with your article and as I wrote yesterday, there is no way that the production cut announced yesterday will bring back $80 and $125 price per barrel oil again. Those days are long gone and other countries need to accept that. They cut and we ramp up shale production and in the end there will again be more supply out there than there is demand thus IMO $50-60 oil is about tops IMO.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up