- Search Crypto Craft
- ww3361 commented Apr 22, 2020
Bit early to be on the Mary Jane?
IEA’s Birol: May Be Advisable For OPEC+ To Cut As Soon As Possible – BBG TV
- ww3361 commented Apr 21, 2020
His words mean less and less on every tweet. This, again, isn't enough. Just words.
Trump is bailing out US Oil and Gas Industry
- ww3361 commented Apr 20, 2020
Nah it's due to money printing. Same reason as before, the time before that and then the time before that. It's the middle class pyramid scheme of life that might actually end badly one day.
Trump: Oil Producers Need To Do More In Terms Of Production Cuts
- ww3361 commented Apr 20, 2020
Contango / cost of carry is very high right now. "I would love to fill my boots with oil right now but my boots are already full. Damn! Maybe next month I find me some more boots?". No demand to take delivery right now. Speculative longs are having ...
Russian Energy Ministry orders oil producers to reduce production by 20%
- ww3361 commented Apr 20, 2020
"You [don't] know when you've been contangoed".
Russian Energy Ministry orders oil producers to reduce production by 20%
- ww3361 commented Apr 17, 2020
That would apply to every single trade that takes place! If every time a trade is matched you are feeling suspicious you must be exhausted!
Gilead Pours Cold Water On Report That Sent Market Soaring: "Anecdotal Reports With No...
- ww3361 commented Apr 17, 2020
And expect it to happen over and over and over in coming months. Also expect the same plonkers to not ever read up on what it takes to get a drug approved despite early positive signs. There is huge FOMO at play here. The art of the misleading ...
Gilead Pours Cold Water On Report That Sent Market Soaring: "Anecdotal Reports With No...
- ww3361 commented Apr 15, 2020
meaning: "US desperately tests the market with yet another idea that they will otherwise struggle to implement"..... Please work this time...... PLEEEEEASE!!!!! Market meanwhile does what it wants.
U.S. weighs oil-output cut by paying drillers not to produce
- ww3361 commented Apr 13, 2020
These figures were all released at the time OPEC+ agreed last night. It was the shock and awe PR strategy from OPEC that they believed would do wonders...... It didn’t So please don’t wheel out people defiantly restating the same PR message..... it ...
‘Actual’ cuts in the oil market are over 15 million barrels per day: Russian wealth fund
- ww3361 commented Apr 11, 2020
If OPEC agree. They haven’t agreed yet. They seem extremely close but the last statement said all hinges on Mexico. No word of OPEC being happy with Trumps offer to cut for Mexico.
Trump says U.S. would cut oil production by additional 250,000-300,000 bpd
- ww3361 commented Apr 10, 2020
SA haven’t agreed yet. It’s all in the air still. Market’s being goosed by Trump again. History repeating over and over and over. I like your angle on SA shaking out weaker competitors though. But they haven’t done the damage yet have they? Am very ...
From the G20: Canada and the US have agreed to support the OPEC+ cuts
- ww3361 commented Apr 10, 2020
Agree. It’s desperate words from POTUS. And as always, baseless/misleading/manipulative.
Trump says U.S. would cut oil production by additional 250,000-300,000 bpd
- ww3361 commented Apr 10, 2020
So Mexico gets to reap the benefit of ignoring the calls for a production cut because the US is picking up the tab for them???? Ummmm, if I was one of the other OPEC+ members, I'd be like "Yeah I'm not cutting neither. Trump can you cover me too?" ...
Trump says U.S. would cut oil production by additional 250,000-300,000 bpd
- ww3361 commented Apr 10, 2020
More to the point, read between the lines here: Look what it’s taken to get close to a deal on a cut. That’s in the face of a huge drop in demand. You’ve literally got worldwide storage approaching capacity. They would have to cut anyway simply ...
From the G20: Canada and the US have agreed to support the OPEC+ cuts
- ww3361 commented Apr 10, 2020
Strange as OPEC+ have yet to agree. Is this just a ploy from the US to make as all think this is done and dusted? Looking forward to more counter headlines as I’m smelling a rat. It should also be noted that US stepping in to cut on behalf of Mexico ...
From the G20: Canada and the US have agreed to support the OPEC+ cuts
- ww3361 commented Apr 9, 2020
Nonsense. I'm sensing rain.
OPEC+ members agree to cut output by 23% in May-June: Delegate
- ww3361 commented Apr 9, 2020
Thanks for explaining. I can't see the rest of the world quickly falling in line over the Easter weekend. You're talking about weeks of negotiating to be done. Can't see it happening.
OPEC+ members agree to cut output by 23% in May-June: Delegate
- ww3361 commented Apr 9, 2020
Can you expand? It sounds to me as if they've acheived a token effort, if that. Only a c.2.5mbpd cut, no?
OPEC+ members agree to cut output by 23% in May-June: Delegate
- ww3361 commented Apr 9, 2020
hmmmm it's the opposite when you think about it
OPEC+ members agree to cut output by 23% in May-June: Delegate
- ww3361 commented Apr 3, 2020
Sorry, market only listens to Trump and his consortium of insider traders (oooops did I say that out loud?)
Putin: We are comfortable with $42 per barrel