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Houston - We have an OIL Problem

Forced Liquidation

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#1 SemiBizz

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Posted 05 May 2017 - 07:23 AM

Somebody is in BIG TROUBLE

 

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#2 q4wer

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Posted 05 May 2017 - 08:15 AM

I heard that they all have hedged using future contract and production continues. no worry.



#3 Data

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Posted 05 May 2017 - 08:48 AM

US oil production is almost back to the highs.  OPEC cuts are offset by increases elsewhere and cheating.  Saudi Arabia, Iran, Iraq, and Russia are all exceeding their quotas.



#4 qqqqtrdr

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Posted 05 May 2017 - 09:20 AM

Supposedly Saudi Arabia are now dramatically decreasing export loading as an attempt to get the others to follow suite.... It will be interesting to keep tabs on the US Storage levels with increase production in the US



#5 Rogerdodger

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Posted 05 May 2017 - 09:35 AM

Hubbert's original prediction was that US peak oil would be in about 1970.

Even the President had to wear a sweater.

 

Experts!

 

;-)

 

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Edited by Rogerdodger, 05 May 2017 - 09:36 AM.


#6 Data

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Posted 05 May 2017 - 10:39 AM

20 billion dollar hedge fund may have been 50 cent, the mysterious buyer of 50 cent VIX calls for the last four months

 

http://www.investmen...otection-report



#7 Data

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Posted 05 May 2017 - 11:06 AM

There was a large oil hedge fund that finished liquidating its positions per Zerohedge.



#8 da_cheif

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Posted 05 May 2017 - 01:51 PM

the price of crude is doomed as producers for the need for cash to support their life styles will keep the market flooded and on top of that the chinese rush to electrify their cars to combat massive pollution is added pressure...supplies are slowly overwhelming demand.... this is justa taste of whats coming images.search.yahoo.com

technically the 75% retrace off the 09 low of 33 has been exceeded and on a monthly closing basis until 54 is exceeded the wave structure projects that the recent low at 26 will be taken out



#9 arbman

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Posted 06 May 2017 - 08:36 PM

This had been only one fund liquidating its oil hedge, the rest of energy products, metals and softs would have been unaffected, it is not the case. The grains and meats have been going up in the last month though, so if you can make any sense of all these, plz let me know.



#10 dasein

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Posted 07 May 2017 - 01:35 PM

I dont expect grains to keep rising now - but soon - need another dip!


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