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Oil
Jan 3, 2015 8:42:19 GMT 7
oldman likes this
Post by zuolun on Jan 3, 2015 8:42:19 GMT 7
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Oil
Jan 6, 2015 7:52:59 GMT 7
Post by oldman on Jan 6, 2015 7:52:59 GMT 7
Warning: Oil drops below $50 - 5 Jan 2015 The price of crude oil plummeted more than 5% Monday and fell as low as $49.68 a barrel. It was the first time oil prices have been below $50 since the Great Recession in April 2009.
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Oil
Jan 6, 2015 15:50:59 GMT 7
hope likes this
Post by oldman on Jan 6, 2015 15:50:59 GMT 7
Good educational video on fracking.
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Post by zuolun on Jan 8, 2015 14:43:34 GMT 7
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Oil
Jan 8, 2015 19:36:19 GMT 7
Post by hope on Jan 8, 2015 19:36:19 GMT 7
Hi bro zuolun
Will the recovery of oil prices be fast and furious too? If big companies stopped shorting?
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Oil
Jan 9, 2015 5:52:08 GMT 7
oldman likes this
Post by zuolun on Jan 9, 2015 5:52:08 GMT 7
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Oil
Jan 9, 2015 16:36:25 GMT 7
Post by zuolun on Jan 9, 2015 16:36:25 GMT 7
Why are oil prices falling - explained in 60 seconds? — 7 Nov 2014
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Oil
Jan 10, 2015 5:41:46 GMT 7
oldman likes this
Post by zuolun on Jan 10, 2015 5:41:46 GMT 7
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Oil
Jan 11, 2015 8:48:13 GMT 7
Post by zuolun on Jan 11, 2015 8:48:13 GMT 7
U.S Oil: 3 mths technical outlook — Jan 2015 to Mar 2015
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Oil
Jan 12, 2015 5:29:47 GMT 7
oldman likes this
Post by zuolun on Jan 12, 2015 5:29:47 GMT 7
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Post by oldman on Jan 13, 2015 13:16:32 GMT 7
I cannot agree more. Human beings are ingenious.... especially when it comes to business. How Shale Companies Will Emerge From The Oil Slump - 13 Jan 2015 Despite the punishment U.S. shale companies have taken on the stock market in recent months, Goldman said "a new industry will likely be born out of this environment," characterized not just by lower oilfield services costs and rig rates but also by productivity gains.
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Oil
Jan 13, 2015 13:47:46 GMT 7
Post by zuolun on Jan 13, 2015 13:47:46 GMT 7
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Post by zuolun on Jan 14, 2015 7:41:00 GMT 7
During a market downturn, it is important to be able to distinguish between a falling knife and a possible multi-bagger stock. Given the fall in oil and commodity prices, I am inclined to classify all related stocks as potential falling knives. As I am equally as bearish on Singapore properties, I too will stay away from such stocks. But there are stocks that have been beaten badly and are not in any of these related industries. At the end of the day, the stock market is about supply and demand and if lots more investors want to sell, it is likely that the prices will drift southwards. Investors may have to sell these non related stocks to cover for their losses in the related sectors. There may also be forced selling for those who have bought shares with margin and are currently under margin calls. To bottom fish, one has to read the supply and demand of the stock correctly. I will certainly not be buying any stocks where a major shareholder is liquidating his positions. Yes, it is not easy to read market volume but I feel that all investors (fundamental investors included) must learn this art of deciphering market volume and then making a decision whether the selling volume is temporary or more permanent. Even more important than that, investors must believe in their own analysis and be willing to risk part of their wealth in what they believe in. To me, there is no point just taking a small position in any stock as this will not increase your net worth. It will be more like an ego trip. I invest to increase my net worth and not just to feel good. To be successful as an investor, you must learn to overcome this fear of putting sufficient meat into your investments... otherwise, your game of investing will always remain, just a game. Most of the smaller oil & gas and related company share prices had already collapsed beyond recognition due to oil price decline; chartwise, I totally agree with oldman that "Given the fall in oil and commodity prices, I am inclined to classify all related stocks as potential falling knives." oldman, 一針見血 One needle see blood = Old ginger is more spicy! 'Get negative on everything' oil Banks’ oil exposure concerns rise as prices tumble — 13 Jan 2015 API reports crude inventories up 3.9 million — 13 Jan 2015 Crashing price of oil to rip the global economy — 12 Jan 2015 How lower oil prices could fuel more hiring in the U.S. — 8 Jan 2015 Lower oil prices could lead to thousands of layoffs — 18 Dec 2014 Oil at $46.07 (-2.29, -4.97%) lowest since April 2009 — 13 Jan 2015 Oil's continued slide and LIVE from CES — 6 Jan 2015
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Oil
Jan 14, 2015 21:30:39 GMT 7
oldman likes this
Post by zuolun on Jan 14, 2015 21:30:39 GMT 7
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Oil
Jan 17, 2015 14:54:34 GMT 7
oldman likes this
Post by zuolun on Jan 17, 2015 14:54:34 GMT 7
In 1986 crude oil started the year around $26...It didn't get back to $26 until > 4 years later — 16 Jan 2015 Oil slide to $10? Don't scoff, it's happened before — 16 Jan 2015 After the 1986 collapse, oil fell below $9 a barrel in July 1986.Oil price slide could mean more layoffs 20 Dec 1987 NEW YORK — A continued decline in world oil prices could force more U.S. oil companies to trim their 1988 budgets and follow Oklahoma-based Phillips Petroleum Co.'s lead in announcing layoffs, industry analysts say. Last Wednesday, as the price of U.S. crude slipped to a one-year low under $16 a barrel, Phillips said it planned to trim its work force by between 7 percent and 10 percent. "If oil prices came under pressure for a significant period of time, there could be other cutbacks," said Eugene Nowak, an analyst at Dean Witter Reynolds Inc. Analysts said those oil companies that did not base their strategies on low oil prices after the 1986 collapse, when oil fell below $9 a barrel, may have to make big changes now. The most vulnerable companies would be smaller ones, such as Bartlesville-based Phillips and Unocal Corp. of Los Angeles, analysts said. Major oil companies such as Mobil Corp. and Exxon Corp. have the cash reserves to deal with a prolonged decline in world oil prices. $10 A Barrel? "The industry really went through the wringer in 1986 and most of the major oil companies adapted to a $15-$16 price," said Brian Jacoboski, an analyst at PaineWebber Inc. Oil prices have fallen sharply again, as traders doubt the pricing and production accord struck last Monday by the Organization of Petroleum Exporting Countries will stem overproduction in the 13-member cartel. Some analysts have said oil prices could fall to $10 a barrel in the weeks ahead, matching the lows hit in 1986. Phillips said the layoffs and consolidation of two of its units - exploration and production, and gas and gas liquids should cut costs by $150 million to $200 million a year. A company spokesman said the changes were designed to boost profitability at a time of lower-than-expected energy prices. Isolated Incident? Some analysts said Phillips' move was an isolated incident and that it did not mean other companies will necessarily begin laying off workers. Others said, however, that if oil prices settle at around $15 or less, U.S. oil companies with big debt burdens could be forced to cut jobs to protect profits. Producers will be pinched harder by the lower oil prices than refiners, which will benefit by spending less money for the crude they buy to process, experts say. In the case of Phillips, the company's own operations made it more vulnerable to shifts in crude prices than other firms, said analyst George Baker of Smith Barney, Harris Upham and Co. By using oil production facilities to manufacture gas products rather than producing them in gas wells, the company had run into problems with overproduction, resulting in lower revenues at its gas and gas liquids division, he said. For the first nine months of this year, Phillips reported profits of $2 million and a per-share loss, after dividend payments, of 6 cents.
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