The Hand of Scalpuman

Forum of the Lord of Trading fellowship


 
HomeCalendarFAQSearchMemberlistUsergroupsRegisterLog in
Latest topics
» Daily Market Analysis from ForexMart
Tue May 03, 2016 9:51 am by Andrea ForexMart

» Company News by ForexMart
Wed Apr 27, 2016 9:46 am by Andrea ForexMart

» forex & binary - licensing & consulting
Thu Apr 14, 2016 1:32 pm by AGPLaw

» Stop leading an 8/5 robotic life and live real life!
Wed Oct 14, 2015 9:59 am by Ian Shaw

» Forex and binary options affiliate program reviews
Wed Sep 09, 2015 7:09 pm by affiliates-network

» InstaForex Company News
Thu Oct 02, 2014 8:29 am by IFX Yvonne

»  Forex expositions by ShowFxWorld.
Fri Aug 29, 2014 10:44 am by ShowFxWorld

» Forex News from InstaForex
Fri Aug 22, 2014 9:48 am by IFX Yvonne

» Shaolin Black Swan and Crunching Hobbit
Wed Jul 23, 2014 7:44 pm by Sauros




Share | 
 

 The Black Gold Thread (Crude Oil)

Go down 
AuthorMessage
Batman

avatar

Posts : 786
Join date : 2009-08-06
Age : 30
Location : NYC

PostSubject: The Black Gold Thread (Crude Oil)   Tue Feb 08, 2011 10:31 am

Since we have some interest in the liquid energy, maybe we can produce a constructive thread.
Back to top Go down
View user profile http://thenatgastrader.blogspot.com
Batman

avatar

Posts : 786
Join date : 2009-08-06
Age : 30
Location : NYC

PostSubject: Re: The Black Gold Thread (Crude Oil)   Tue Feb 08, 2011 10:31 am

Oil Is a Buy Only When Egypt Dust Settles:
http://seekingalpha.com/article/251414-oil-is-a-buy-only-when-egypt-dust-settles?source=hp_latest_articles
Back to top Go down
View user profile http://thenatgastrader.blogspot.com
Sauros

avatar

Posts : 516
Join date : 2009-05-14
Age : 44
Location : London

PostSubject: Re: The Black Gold Thread (Crude Oil)   Wed Feb 09, 2011 10:46 am

Published in the Guardian Newspaper yesterday if you missed it.

WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices
US diplomat convinced by Saudi expert that reserves of world's biggest oil exporter have been overstated by nearly 40%


http://www.guardian.co.uk/business/2011/feb/08/saudi-oil-reserves-overstated-wikileaks

Back to top Go down
View user profile http://blog.thelordoftrading.com
Batman

avatar

Posts : 786
Join date : 2009-08-06
Age : 30
Location : NYC

PostSubject: Re: The Black Gold Thread (Crude Oil)   Wed Feb 09, 2011 1:33 pm

Great piece on some of the fundamental details on saudi Oil fields. Undoubtedly, the most telling stat is the oil/water mix coming from the wells. The more water used to extract Oil, the more damage it does to the well long-term.


Here's Why You Don't Need Wikileaks To Know That Saudi Oil Reserves Are Overstated

http://www.businessinsider.com/wikileaks-saudi-oil-reserves-2011-2?utm_
Back to top Go down
View user profile http://thenatgastrader.blogspot.com
Batman

avatar

Posts : 786
Join date : 2009-08-06
Age : 30
Location : NYC

PostSubject: Re: The Black Gold Thread (Crude Oil)   Thu Feb 10, 2011 1:22 pm

OPEC to boost output: http://www.newzfor.me/news/144211563.aspx
Back to top Go down
View user profile http://thenatgastrader.blogspot.com
Batman

avatar

Posts : 786
Join date : 2009-08-06
Age : 30
Location : NYC

PostSubject: Re: The Black Gold Thread (Crude Oil)   Wed Feb 16, 2011 4:50 pm

Excerpt from Futures Magazine:
By: DOMINICK A. CHIRICHELLA


Countries currently at risk are Bahrain, Algeria, Iran and Yemen where protests have continued. The total volume of oil from all of these countries combined is about 5.6 million barrels per day which exceeds the current EIA estimated surplus crude oil capacity of 4.65 million bpd in OPEC by about 500,000 bpd. Also as I mentioned yesterday the majority of the surplus crude oil capacity (3.76 million bpd) sits in Saudi Arabia which is also a potential hot bed as it is a ruling monarchy state. Whether or not the protests in any of these countries will continue to evolve or even spread to other areas like Saudi Arabia or Kuwait is a very big question.
Back to top Go down
View user profile http://thenatgastrader.blogspot.com
Batman

avatar

Posts : 786
Join date : 2009-08-06
Age : 30
Location : NYC

PostSubject: OPEC Sources: Saudi Arabia, Worried About Strife, Will Let Oil Rise to $120   Tue Mar 01, 2011 2:16 pm

http://moneywatch.bnet.com/investing/blog/against-grain/opec-sources-saudi-arabia-worried-about-strife-will-let-oil-rise-to-120/943/?tag=col1;fd-banner-news
Back to top Go down
View user profile http://thenatgastrader.blogspot.com
Batman

avatar

Posts : 786
Join date : 2009-08-06
Age : 30
Location : NYC

PostSubject: Re: The Black Gold Thread (Crude Oil)   Thu Mar 03, 2011 11:11 am

World Oil prices from the U.S. Department of Energy: http://www.eia.doe.gov/dnav/pet/pet_pri_wco_k_w.htm

African Blends are strong, specifically Nigeria's Bonny Light and Forcados
Back to top Go down
View user profile http://thenatgastrader.blogspot.com
Batman

avatar

Posts : 786
Join date : 2009-08-06
Age : 30
Location : NYC

PostSubject: Re: The Black Gold Thread (Crude Oil)   Wed Mar 09, 2011 2:22 am

Saudi Spare capacity really not what we think: http://ftalphaville.ft.com/blog/2011/03/08/507161/the-saudi-capacity-puzzle/
Back to top Go down
View user profile http://thenatgastrader.blogspot.com
Batman

avatar

Posts : 786
Join date : 2009-08-06
Age : 30
Location : NYC

PostSubject: Re: The Black Gold Thread (Crude Oil)   Fri Mar 11, 2011 9:15 pm

Breakdown of Libya's Oil exports. The recipients are not the U.S.:

Italy- 28%
France- 15%
China- 11%
Germany- 10%
Spain- 10%
Greece- 5%
Britain- 4%
The US- 3%
All Others- 14%
Back to top Go down
View user profile http://thenatgastrader.blogspot.com
AnalyzeCapital



Posts : 29
Join date : 2010-11-02

PostSubject: Re: The Black Gold Thread (Crude Oil)   Mon Jun 13, 2011 10:54 am

How is everyone oriented on crude this week?

To me 98's Key on August WTI aka Im biased long this week as long support holds.

The aggressive risk off end last week leads me to think short term reversal squeeze.

Long term price action coming ot a squeeze on crude to the lower BB possibly leading to upshoot to upper ranges (below key resistance).



Only thing that I see that can force crude to new ranges is clear consensus on supply/demand data from opec and agreed production increases across the board. Or very weak econ data in the OECD confirming bearish sentiment on weak seasonal demand.

thoughts?
Back to top Go down
View user profile
Batman

avatar

Posts : 786
Join date : 2009-08-06
Age : 30
Location : NYC

PostSubject: Re: The Black Gold Thread (Crude Oil)   Thu Jun 16, 2011 8:45 pm

Goldman Presents Three Scenarios For Where The WTI-Brent Spread Is Headed (And Why The Firm Has Been Wrong So Far)

http://www.zerohedge.com/article/goldman-presents-three-scenarios-where-wti-brent-headed-and-why-firm-has-been-wrong-directio
Back to top Go down
View user profile http://thenatgastrader.blogspot.com
AnalyzeCapital



Posts : 29
Join date : 2010-11-02

PostSubject: Re: The Black Gold Thread (Crude Oil)   Thu Jun 16, 2011 10:29 pm

And thus why I trade outrights...

and thus why I got hammered this week.

Break on support makes me want to trade this further down, but strong short covers and algos hunting stops above makes me worried. Will have to wait it out to see if any favorable action can come my way.

Failure of DX to breach 76.5 can cause severe reversals esp if Eurozone manages to get their crap together. Arguements are still in favor of Dollar up, crude down though... I doubt the greek cabinet reshuffle will do squat... let sit back and watch europe become the next MENA riot/protestor zone...
Back to top Go down
View user profile
Batman

avatar

Posts : 786
Join date : 2009-08-06
Age : 30
Location : NYC

PostSubject: Re: The Black Gold Thread (Crude Oil)   Thu Jul 21, 2011 5:58 pm

Is There Equity Beta in Oil?
http://media.pimco.com/Documents/Viewpoints--Oil%20Equity%20Beta%20FINAL%20formatted%20July%202011%20US.pdf
Back to top Go down
View user profile http://thenatgastrader.blogspot.com
Batman

avatar

Posts : 786
Join date : 2009-08-06
Age : 30
Location : NYC

PostSubject: A Case for the Macro Bears   Thu Jan 12, 2012 8:07 pm

Fundamentally speaking, geopolitical risks such as Nigerian protests and Iranian Military exercises threaten to instill a permanent bid under the fossil fuel. Regardless, here is my interpretation of the medium-term price action over the next 2-4 months: http://twitpic.com/86guah
Back to top Go down
View user profile http://thenatgastrader.blogspot.com
Sponsored content




PostSubject: Re: The Black Gold Thread (Crude Oil)   

Back to top Go down
 
The Black Gold Thread (Crude Oil)
Back to top 
Page 1 of 1
 Similar topics
-
» Gold Price Soars to New Record as U.S. Economy Stalls
» Record Gold Hoard Spurs Bullish Bets
» Sri Lanka: Gold Quest selling 10% of NDB shares to HNB bank
» Price change of gold
» CA Sri Lanka EDEX Expo's Gold sponsor

Permissions in this forum:You cannot reply to topics in this forum
The Hand of Scalpuman :: The Trading Holy Grail Forums :: The Bull, The Bear and the Ugly Spreader Trading Forum-
Jump to: