General Trading Chat

cloudTrader

Well-Known Member
Big companies like shell and others already have rented big crude oil vessels and store there bought oil on those ships, which are all over the oceans. They wait and speculate for higher prices. Guess most of you know this, but nobody has mentioned it.
Now the Saudi prince claims that Crude will never go to $100 again , a new market regime is in place .

I disagree with the prince ... however with no time frame forecast.. :D
 
I have a feeling, I may be wrong, If crude oil prices continue to decline and stabilize at those levels, many of the oil producing countries will face civil unrest.. There may be world political tension is what I'm predicting IF crude falls further
 
CNBC's Hindi channel CNBC Awaz is celebrating its 10th anniversary today. They have lined up great interviews with some topnotch fund managers/experts. In the morning they had Samir Arora, followed by Ridham Desai,Ramdeo Agrawal,Ramesh Damani.....many more are lined up throughout the day.

All their views are very studied views . These may not help in immediate buy/sell in trading but it gives overall picture of what to expect in next 10-12 years.

Smart_trade
 

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