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Here’s How Oil Could Skyrocket By 138%
https://oilprice.com/Energy/Energy-General/Heres-How-Oil-Could-Skyrocket-By-138.html
You could be very well be right...
Tested or not Russians are gonna take it lol, Putin is gonna make them take it lol, what its definitely gonna do is make UK/US/China push to roll theirs out sooner...
"Russia just announced first vaccine"
Not fully tested. Take at your own risk.
Russia just announced first vaccine
Last two weeks I was riding my bike in Italian, French and Swiss alps. Was hoping for less traffic due to cv16 but.. roads were busy as usual. In Switzerland they do not even wear masks. In French part, holiday places like Morzine full of people. Motorways on way back to Calais trough Belgium also busy. So, methinks 50$ per barrel will come sooner than later. In media there is lots of panic, but in real life people get on with life. InNorthern Italy, Lidl was packed with people - of course wearing masks, but there is no panic, life goes on as usual.
This is certainly is having some legs.. Closing above 37 will be a great reversal... 40 here you come..
What I meant was ..Premier had a very sharp spike up and then followed by a sharp drop between early June to late July ...this time the path up maybe on a more gentle even trend judging by previous patterns with Premier ... However the big unknown here is how fast the oil price will climb in relation to near term issues on supply and demand ... Obviously the bigger issues regarding supply ..the faster the upwards climb
..I don't know if this makes my comment any clear .. sorry if I did not appear to explain it properly ... Regards Lenin
Someone say $100 a barrel?
Lenin, your posts at 22.10 and 04.09 seem mutually incompatible, even contradictory. What’s your conclusion - slower rise than expected, or much faster back to 100p+? It can’t be both.
A bit Motley Fool’ish (not a compliment).
Hopefully get this 36p out the way today with markets looking positive.38 p close
I have just been reading due to a perfect conjunction of events for oil ...such as the shut down of rigs in the U S A ./No oil production from Libya and Venezuela / The nationalization of oil in Mexico with all the consequences this will have for exploration in this area /The O P E C cuts / The faster than expected improving world economies ..means that we maybe approaching $100 a barrel faster than what is being forcast .....
Pal trend analysis is helpful in normal times not during a pandemic.
I would say that this share is definitely moving in an upwards trend ... However studying the Premier chart for the last 3 years it is interesting to note that the recent spike from the high 20s beginning of June to the low 50s end of June and then back down to the low 30s by later part of July is basically quite a large spike which may not repeat itself this time ...In other words it may be a slower smoother progression upwards ...Why ????... Because on the 3 year chart this type of sharp spike up and down which the share has just come through seems to happen maybe for example once every 6 months although there are plenty of smaller spikes in between ...Now there is nothing to say this pattern with Premier will definitely repeat itself but since the low point for this share in early March the evidence so far suggest that is exactly what the Premier share so far is doing ...I have posted this message just so anyone who thinks this share will go shooting up.just like a firework needs to bear in mind ... Regards Lenin
I really think this will follow the oil trend. Really need to finish above 36p tomorrow than 40p will be in no time.
Like my other shares (BOO and CINE), its PMO turn now.
Oils is above $45 now.. This can move very fast now..
Now up 9 pc
Talos up 7pc
brent heading up again, Talos too...maybe Pemex arent being too greedy
As long as brent keeps rising Solans contribution in Q4 should put a bit on the sp. Asti Spumante to celebrate on that day.
$44.91