Saudi said they'll sell higher price to Asia than N.America to try to compete with shale drillers..
That means we (in Asia) won't see prices drop in petrol anytime soon... while pumps in N.America are dropping. wtf?
USA Stock Discussion v6, Midterm Elections! U.S. Jobs Report!
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Nov 4 2014, 10:53 PM
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All Stars
10,123 posts Joined: Aug 2007 |
Holy cow... Oil dropping like flies. Now at WTI @ 77 , Brent @ 83.
Saudi said they'll sell higher price to Asia than N.America to try to compete with shale drillers.. That means we (in Asia) won't see prices drop in petrol anytime soon... while pumps in N.America are dropping. wtf? |
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Nov 4 2014, 10:56 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(danmooncake @ Nov 4 2014, 10:53 PM) Holy cow... Oil dropping like flies. Now at WTI @ 77 , Brent @ 83. Saudi said they'll sell higher price to Asia than N.America to try to compete with shale drillers.. That means we (in Asia) won't see prices drop in petrol anytime soon... while pumps in N.America are dropping. wtf? |
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Nov 4 2014, 11:00 PM
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Senior Member
5,363 posts Joined: Apr 2005 From: กรุงเทพมหานคร BKK |
QUOTE(danmooncake @ Nov 4 2014, 10:53 PM) Holy cow... Oil dropping like flies. Now at WTI @ 77 , Brent @ 83. that's downright confusing, does it mean that the Brent/WTI gap should widen?Saudi said they'll sell higher price to Asia than N.America to try to compete with shale drillers.. That means we (in Asia) won't see prices drop in petrol anytime soon... while pumps in N.America are dropping. wtf? here i thought it was a ploy to prepare for a russian winter |
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Nov 4 2014, 11:18 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
for this kind of "political gap" without the economic fundamental support, i doubt it is going to last long.
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Nov 4 2014, 11:20 PM
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Senior Member
3,500 posts Joined: Dec 2007 |
Could oil be the deflationary pressure to counter against the world QE ?
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Nov 4 2014, 11:20 PM
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All Stars
10,123 posts Joined: Aug 2007 |
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Nov 4 2014, 11:39 PM
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Senior Member
5,363 posts Joined: Apr 2005 From: กรุงเทพมหานคร BKK |
Factory orders negative MOM for second month now. noted could be seasonal but .. macro seems shaky.
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Nov 5 2014, 12:17 AM
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Senior Member
869 posts Joined: Mar 2006 From: @wherealltherichlurks |
gonna do some scalping here and there |
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Nov 5 2014, 12:18 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
2000 coming...
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Nov 5 2014, 12:49 AM
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Senior Member
28,187 posts Joined: Mar 2007 From: Underworld |
WTI for December now is 76
Brent is 82 Hmm |
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Nov 5 2014, 05:07 AM
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All Stars
10,123 posts Joined: Aug 2007 |
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Nov 5 2014, 08:38 AM
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Validating
1,525 posts Joined: Oct 2012 |
QUOTE(danmooncake @ Nov 4 2014, 11:20 PM) Are you still in casinos - gaming play? I'm not playing with casino stocks, I'm investing and still hold it since year 2009 .LVS - seems to be stuck in twilight zone for past 3 months. Same goes for MPEL. Something not right about the latest their hope for opening Japan. Anyhow, some of their dividends already covered my cost of purchase. Japan, Vietnam, S.Korea expansion will be good, but with gradually growth in Las Vegas,Nevada and sustain Macau's revenue/profit, shld be good for long. Will not plan to relocate/change this portfolio. Will put my extra money into bank (LYG), aim for distributing earning profits thru dividends or get home building/construction(BZH) when there is an opportunity. |
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Nov 5 2014, 01:16 PM
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Senior Member
5,363 posts Joined: Apr 2005 From: กรุงเทพมหานคร BKK |
Republicans take the Senate.
Keystone back in play? TRP/XOM/VLO wow USDJPY 114, USDMYR 3.34 This post has been edited by teehk_tee: Nov 5 2014, 01:17 PM |
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Nov 5 2014, 01:37 PM
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Senior Member
1,177 posts Joined: Nov 2007 |
US futures are up.
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Nov 5 2014, 04:43 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
QUOTE(teehk_tee @ Nov 5 2014, 01:16 PM) Republicans take the Senate. bullish sign. |
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Nov 5 2014, 08:48 PM
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Senior Member
1,633 posts Joined: Jan 2007 |
With republican big win....so which sector will be in bullish play?
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Nov 5 2014, 08:57 PM
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Senior Member
855 posts Joined: Jan 2010 |
-holds zero interests in this lair
This post has been edited by Brother J: Jul 13 2015, 11:11 PM |
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Nov 5 2014, 10:27 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
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Nov 5 2014, 11:33 PM
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Senior Member
5,363 posts Joined: Apr 2005 From: กรุงเทพมหานคร BKK |
forgot to mention, in SWN 33.81 within the last 30 mins right at the upper trend channel. following breakout.
ECA monitoring. This post has been edited by teehk_tee: Nov 5 2014, 11:33 PM |
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Nov 5 2014, 11:53 PM
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Senior Member
855 posts Joined: Jan 2010 |
-holds zero interests in this lair
This post has been edited by Brother J: Jul 13 2015, 11:12 PM |
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