Member Info for Shpunken

The virus hysteria should be eased by summer.. as long as adolf putin and bin laden agree on a deal we could be seeing oil above $50 by the end of the year.. one can only hope..

I think poo will recover a bit when the rig count is announced at 21.00 uk time... but next week will be dire for poo on all fronts, so I am hoping that Tlw will release some good news so we can cement a bottom price that’s much higher at around 300m mc lvl

Xarfax, love the enthusiasm, but unfortunately lots of traders here as well, that are happy with a mere 10% per trade... they make things easier for shorters... regarding buying though, I’d think twice before doing that right now.. lots of data still to come though during the lockdown period for the next 2 weeks or so, and barely any of it will be positive.. I am praying that the rig count drops by a lot more than predicted as that will show the markets that things are moving in the right direction long term

With the way they are announcing news, who knows, seems like they don’t consider many things as price sensitive lol

That would be more than enough to make us fly in these circumstances... any good news with a hint of a bright stable future will push us upwards, so hopefully good news around the corner

Atm the only thing that can drive up the price is news regarding asset sales etc, which will come out of nowhere.. next 4 weeks will be tough with oil taking a beating which can still crash us one more time before, hopefully, countries start to lift restrictions and economy goes bk to normal.. so it’s a risk to buy now and it’s a risk not to buy also, really depends on what u think will happen first

There is only one hospital in the middle of nowhere that deals with the virus results... my mum had to go through the procedures last week.. the results take at least a week, so much for prepared.. everything is done the wrong way there, Russia is not my enemy, I was born there, but the ppl in power are scum and have ruined that place.. ppl are dirt poor and there is no infrastructure anywhere apart from 3 big cities... honestly I don’t know which Russia I’ve lived in

The fact that you think Russia has prepared for anything shows how naive u really are.. u sound like a good old Russian bot lol you can keep spouting rubbish all u like, I know for a fact that Russia is ****ed and they won’t survive this

Have u been brainwashed? Russia has no economy without oil and gas revenues.. have u ever been in Russia? Do u know anything about that place? Obv not.. Russia won’t survive till the end of the year if prices stay below $30

Harem, only problem now is we have corona that has crippled the industry... so if all goes well and the world is bk to normal in the last quarter, Tlw would’ve sold 50% of the stake and would have enough money to drill in 2021.. only question is would it be Total or another major that would jump in on this opportunity... corona is a huge obstacle atm and if it’s not sorted soon we will all suffer for a long time..

I have businesses in Msk so believe me I know what I am talking about.. the virus has been swept under the table, propaganda machine is working very well there.. businesses won’t be supported there like in western countries, because the government simply can’t afford to do that.. budget is critically dependent on oil and gas, take that out of the equation and u r left with nothing... so don’t talk about things u don’t know..

You are about to look very stupid for saying that...

https://www.vesti.ru/doc.html?id=3251480

Just released, the foreign reserves decreased by nearly $30b in a week and around $550b left... so it’s very obv that they really can’t afford to keep the war going for too long.. they will run out of money in 17 weeks, give or take... properly ****ed.. and with the virus only getting worse they will be using more resources than ever.. the meeting in the first week of may with opec is a must now, otherwise Putin will have to use his own billions that he stole over the years lol

Xarfax keep in mind the data from the next two weeks.. we know that the lockdown around the world will carry on until at least 3rd of April.. in badly hit places I’d say until middle of the month.. so don’t be surprised if we do see a crash short term.. long term I have faith in Tlw and can see us finishing very strongly in the last quarter

Unfortunately not year, the next 2-4 weeks potentially even longer will be very tough and I am not sure if the markets have priced that in after the artificial rise created by trump.. so if we see some crazy numbers of say over 20-30mb added, oil market will crash badly... on the other side if the numbers are not as bad as feared than the shorters will be long gone

Tomorrow could be a good day if the rig count will be lower than anticipated... next week Wednesday will be a big one for oil.. by that time US would’ve been under lock down for a week so will be interesting to see how many barrels were accumulated... at least the unemployment data reaction is somewhat muted

Unemployment

Looks really good atm, I think bullet dodged this week!

Nearly 3.3 million ppl.. let’s see how the markets react

On a more positive side, US rig count is out tomorrow, and we should see a drop which should be seen as positive for the poo price