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Performance 2009 to 2023 (compound annual)

performance2009 2023Small

 

Oil Market bottom

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5 years 5 months ago #121433 by alexgreat
alexgreat replied the topic: Oil Market bottom
The Canadian picture does not look so bright though, only $40

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5 years 5 months ago #121432 by RonS
RonS replied the topic: Oil Market bottom
Yes hit $75, I expect we are going to see $100 in 2019

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5 years 11 months ago #120635 by Gambler
Gambler replied the topic: Oil Market bottom
Maybe time to wake up this Oil topic, with Oil on the move. Looks like Ron's $80 traget is not so far off
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7 years 3 weeks ago #117879 by GoldnBoy
GoldnBoy replied the topic: Oil Market bottom
Thats what the chart tells me too, good time to by some of the Oily ones

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7 years 3 weeks ago #117878 by DearJohn
DearJohn replied the topic: Oil Market bottom
Looks like we should bottom out here around 47

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7 years 2 months ago #117504 by Hoss
Hoss replied the topic: Oil Market bottom
The black gold is looking good. Once the consolidation in the 50s is done with, it takes a run at $60 and see if we break through first whack at it

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7 years 2 months ago #117465 by GoldnBoy
GoldnBoy replied the topic: Oil Market bottom
This is a good looking chart, seems only a matter of when we test $60

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7 years 3 months ago #117411 by GoldnBoy
GoldnBoy replied the topic: Oil Market bottom
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7 years 4 months ago #117350 by alexgreat
alexgreat replied the topic: Oil Market bottom
Very strong move in Oil yesterday, lets see if we get above $50
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7 years 4 months ago #117343 by GoldnBoy
GoldnBoy replied the topic: Oil Market bottom
News is out, OPEC agrees on cut, first since 2008 www.reuters.com/article/us-opec-meeting-idUSKBN13P0JA

Could mark a turning point in Oil markets

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7 years 4 months ago #117329 by GoldnBoy
GoldnBoy replied the topic: Oil Market bottom
Agree about hype, no way this oi is economic and it will be many years before it sees much drilling, unless the Oil price goes back to $90 or $100 and it would still take years.

I put this in the Pembina topic, but this article is amazing on Exxon, an oil stock that has defied gravity

srsroccoreport.com/end-of-the-u-s-major-...ouble-at-exxonmobil/

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7 years 4 months ago #117310 by Gambler
Gambler replied the topic: Oil Market bottom
This is pretty interesting on the Texas find. It might be hype as it is not a discovery

www.cbc.ca/news/canada/edmonton/texas-wo...a-pipeline-1.3861345

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