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Topic: Long term OIL - page 47. (Read 91936 times)

hero member
Activity: 966
Merit: 501
Working 24 hours a day isn't enough anymore.
February 18, 2016, 06:03:06 PM
"day of the no oil" will not EVER happen. tesla cars is real piece of shit. do you want to save money and nature - go to LPG.
hero member
Activity: 714
Merit: 500
Me, myself and I
February 18, 2016, 04:27:40 PM
how to invest on oil ?
i dont know how to invest in oil but i know you can trade oil price in forex broker if you like trading you must try it.
member
Activity: 98
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
February 18, 2016, 02:57:39 PM
Buy futures or buy oil company shares. Oil is not only used to produce petrol. Even if green energy sources increase there will still be a demand for oil.

Less and less! Europe is starting to use less and less plastic and other materials are found to replace it Wink

Plastic is in the food,its not just in a plastic bag or the more obvious sources. The fact Europe is changing does not stop the third world Countries from going ahead as normal. The day of no oil are still a long ways off.
Funny aspect about being human is how quick we rush into a new source of energy or cheaper product to only find out later it was worse.
sr. member
Activity: 462
Merit: 250
February 18, 2016, 02:16:57 PM
In Bitcoin or fiat-money? In Bitcoin you can use a forex provider like 1Broker. If you want to invest in oil with fiat you could buy a oil ETC (exchange traded fund) like this one.

how to invest on oil ?

1Broker? Is it a trusted broker? How does it work exactly?
sr. member
Activity: 462
Merit: 250
February 18, 2016, 02:16:24 PM
Buy futures or buy oil company shares. Oil is not only used to produce petrol. Even if green energy sources increase there will still be a demand for oil.

Less and less! Europe is starting to use less and less plastic and other materials are found to replace it Wink
tyz
legendary
Activity: 3360
Merit: 1533
February 18, 2016, 02:15:54 PM
In Bitcoin or fiat-money? In Bitcoin you can use a forex provider like 1Broker. If you want to invest in oil with fiat you could buy a oil ETC (exchange traded fund) like this one.

how to invest on oil ?
sr. member
Activity: 451
Merit: 250
February 18, 2016, 02:13:42 PM
Buy futures or buy oil company shares. Oil is not only used to produce petrol. Even if green energy sources increase there will still be a demand for oil.
sr. member
Activity: 362
Merit: 250
February 18, 2016, 02:03:04 PM
how to invest on oil ?
tyz
legendary
Activity: 3360
Merit: 1533
February 18, 2016, 02:01:46 PM
According to the official report of the International Energy Agency (IEA) the world's oil demand has dropped from Q3/2015 to Q1/2016.
Source: https://www.iea.org/oilmarketreport/omrpublic/

The demand of OIL just drop significantly and the supply is over flowing with reason of recent ban lifts.
All economy that depends on oil suffer the most. Many people are losing their job because of this.

Demand for oil has not dropped significantly. It is steadily increasing on a global level. It's supply that is out of whack.
sr. member
Activity: 308
Merit: 250
February 18, 2016, 01:26:45 PM
Venezuela was also in on that deal and it caused oil to spike but returned back to original price.

Still expect a oil rebound in the next year.
I expect prices increase, specially after agreement  between some countries that produce oil here.
It is inevitable, price must rise again.
They have great losses with this suppression of oil price.
We can expect more from APEC countries i guess.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
February 18, 2016, 05:57:08 AM
Venezuela was also in on that deal and it caused oil to spike but returned back to original price.

Still expect a oil rebound in the next year.
I expect prices increase, specially after agreement  between some countries that produce oil here.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
February 18, 2016, 01:42:10 AM
There is  agreement between Russia,Opec  to frozen oil input on current level.Price has been pumed  5%  and
dumped 5%oil  price will not rise for long time

There is an agreement between Russia and Saudi Arabia (not OPEC).
Given that there is a supply glut, freezing oil production at current levels won't help.
There has to be a production cut.

But they ended up as it won't help in economy. Saudi has not agreed because they are the one who got affected badly compared to all other gulf nations. This production cut may affect much badly.
legendary
Activity: 2380
Merit: 1026
February 17, 2016, 04:27:43 PM
I can assume many oil fields are under control of Isis.
Wondering how Turkey can get away with this?
Easy they just supporting Isis because they don't like Kurds (Kurds are fighting against Turks and Isis)..
  All that iol is more than welcome to Turkey.
http://www.globalresearch.ca/russia-counts-12000-turkey-bound-isis-oil-trucks-from-iraq-and-syria/5497998

Must see:
https://www.rt.com/news/327071-russian-airstrikes-isis-oil-tankers/

"With oil prices hovering slightly above $30 a barrel, the Russian government might be forced to revise its 2016 budget and look to other creative options as officials worry prices could stay low for the foreseeable future."
From: http://www.ibtimes.com/russias-oil-crisis-could-last-decades-officials-prepare-worst-case-scenario-prices-2263267

Main goal to destroy Russian economy!
http://www.pravdareport.com/world/asia/03-04-2014/127254-saudi_arabia_russia_obama-0/
legendary
Activity: 2044
Merit: 1115
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February 17, 2016, 03:41:17 PM
The demand of OIL just drop significantly and the supply is over flowing with reason of recent ban lifts.
All economy that depends on oil suffer the most. Many people are losing their job because of this.

Demand for oil has not dropped significantly. It is steadily increasing on a global level. It's supply that is out of whack.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
February 17, 2016, 03:39:20 PM
India and China have greatest population rise and they will determine will it be oil consumption increasing.
And nothing can be done if you dont stop rise of population.
Oil consumption will be increased with other segments, production of food, electricity..

The oil consumption is China is falling. And I expect the same to happen with India in a few years time. The Chinese government is rapidly replacing gasoline with natural gas, due to the extreme atmospheric pollution which is affecting the major cities such as Shanghai and Beijing. The Chinese oil consumption will rapidly decline in the near future.

China's oil consumption is definitely not falling. It may in the future, but it's highly doubtful anytime in the near future based on how rapidly it's currently increasing.



There are around 1 billion people alone in china and india who dream to live like westerners.
(Around 1,5 billion more people in 3rd world and emerging countries)

Oil is the cheapest way to get them their.

If indian and chinese economy are doing fine there consumption will increase by a lot in the future.


Btw. What is the actual US oil production?

In answer to your question:

member
Activity: 98
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
February 17, 2016, 01:56:43 PM
Venezuela was also in on that deal and it caused oil to spike but returned back to original price.

Still expect a oil rebound in the next year.
legendary
Activity: 1582
Merit: 1064
February 17, 2016, 12:20:58 PM
There is  agreement between Russia,Opec  to frozen oil input on current level.Price has been pumed  5%  and
dumped 5%oil  price will not rise for long time

There is an agreement between Russia and Saudi Arabia (not OPEC).
Given that there is a supply glut, freezing oil production at current levels won't help.
There has to be a production cut.
Pab
legendary
Activity: 1862
Merit: 1012
February 16, 2016, 08:58:04 PM
There is  agreement between Russia,Opec  to frozen oil input on current level.Price has been pumed  5%  and
dumped 5%oil  price will not rise for long time
hero member
Activity: 1008
Merit: 510
February 16, 2016, 08:38:55 PM
I think long term oil will go down in price.  Developed countries will gradually switch to renewable sources of energy more and the demand for oil will decrease.
legendary
Activity: 1456
Merit: 1002
February 16, 2016, 08:38:22 PM
The oil consumption is China is falling. And I expect the same to happen with India in a few years time. The Chinese government is rapidly replacing gasoline with natural gas, due to the extreme atmospheric pollution which is affecting the major cities such as Shanghai and Beijing. The Chinese oil consumption will rapidly decline in the near future.
They have actually get agreement with Iran for constant supply with oil !?
I see this as preparation for gaining more power in region!
They probably lies about oil consumption..

With more population rise you cannot expect decreasing of consummation of oil and decreasing pollution..

Its kinda of hard to believe that comment with oil consumption is decreasing..unless I hear it from a few good sources backing it up by zerohedge or something else that breaks it down.

The middle class is growing with more demands with getting a chinese license for a car ownership - its gotten so bad where theres a actual auction for who gets to drive.

You can google this, I`ll link the video as well just gotta find it again.
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