Oil and war Good profit | Bitcointalksearch.org

AicecreaME

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Quote from: cryptoboss2020 on May 14, 2021, 02:50:14 PM

Its Good to buy oil.
I guess its better then gold btc or other.
The war in gaza area and tel Aviv will do enough to push oil price high.

I guess many investors now Think about invest in this black gold

Could be 10x Moon oil Moon bullish

It's pricey to invest in oil. As much as average people want to invest on it, their pockets won't just let them do so. Meanwhile, there are many investment vehicles that they could invest on at their convenience, that's why I don't see it as an "excellent" money-making investment for now. Although I must admit that it is really a good investment for big-time personalities and corporations. It offers high rewards especially if the season is high for demand.

What's the connection of war in Gaza and oil price hike? Can you please elaborate it? I'm clueless at the moment about it. I would really appreciate if you'll enlighten me.

paxmao

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You probably live on a parallel world. Oil producers are extremely pressed due to a far too oversized production capability. Some of the "oil states" are having trouble even keeping their finances as they are due to the low price and even if there is a war, there is plenty of space to recover production even further. Oil, as of today, is probably the worst commodity.

BTW, bitcoin and oil are not really comparable investments.

Mauser

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Quote from: cryptoboss2020 on May 14, 2021, 02:50:14 PM

Its Good to buy oil.
I guess its better then gold btc or other.
The war in gaza area and tel Aviv will do enough to push oil price high.

I guess many investors now Think about invest in this black gold

Could be 10x Moon oil Moon bullish

I don't know about Oil, in my mind it is not a great investment. Oil is not an asset is constantly rising in price like Gold for example. It's been a long time since Oil was around the 100 USD mark. If we look at the chart of Oil we see that price is roughly on the same level it was 5 years ago. In my opinion the upside of Oil is very limited, the best we could hope for would be a 100% return and would be the best case the scenario, it is much more likely the price remains pretty close where it is now. And the worst case scenario would be that price drops down to 20 USD again.

Midy

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How to analyze the increase in oil prices due to the conflict between these 2 countries, while this country does not produce oil, and if indeed the prediction of oil prices will increase, of course we must prepare large capital and space before investing in it.

AndySt

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Quote from: Bitstar_coin on May 17, 2021, 10:48:01 AM

Sounds more like profiting from other people's suffering, i know most war create an opportunity for some people to make money because the demand for certain things will increase, maybe this is the reason why continues war is been fought from this part of the war, and it signifies the importance of oil to every country, those who don't naturally have are fighting for it, those who have don't want to lose hold of it.

Any war is the suffering of people and in any war there are people who earn money from it and nothing can be done about it, because this is capitalism and the market, no matter how we feel about it. In history, there are many cases when individual families became fabulously rich on military orders, when the countries themselves destroyed their economies due to military actions and many people became poor. With all the current technological changes, oil is still important as a fuel and as a raw material for the production of various products, and the sale of oil still makes a good contribution to the budget of countries, so there are reasons for such wars or at least the deliberate retention of a state of instability in the oil regions, and the major world powers contribute to this, pursuing their own selfish interests.

Ludmilla_rose1995

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The increase in oil prices after the heating up of the Israeli and Palestinian wars was only temporary. The roles of the two countries are not too big in the world oil and gas sector. Israel and Palestine are not directly related to the condition of the world oil supply. The impact will be big if this conflict spreads to Iran and Saudi Arabia.

cryptoboss2020

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Quote from: Bitstar_coin on May 17, 2021, 10:48:01 AM

Sounds more like profiting from other people's suffering, i know most war create an opportunity for some people to make money because the demand for certain things will increase, maybe this is the reason why continues war is been fought from this part of the war, and it signifies the importance of oil to every country, those who don't naturally have are fighting for it, those who have don't want to lose hold of it.

We cant do nothing this is the world.
But for sure Nothing happens If the world leaders Don't like it.

Big Rich guys in this world do with us what they want.

Bitstar_coin

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Sounds more like profiting from other people's suffering, i know most war create an opportunity for some people to make money because the demand for certain things will increase, maybe this is the reason why continues war is been fought from this part of the war, and it signifies the importance of oil to every country, those who don't naturally have are fighting for it, those who have don't want to lose hold of it.

noorammak

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The argument that a war could raise oil prices is not appropriate because the Middle East's oil distribution is mainly in the Indian Ocean and it is far from the war zone. As a result, the trade, exchange and transportation of oil from the Middle East to other parts of the world are not affected.
In addition to the oil region in the Middle East, the world still has many other countries with large reserves of oil such as the US, China and Russian oil fields.

I should have posted an image of a visual map of the distribution of oil reserves in the Middle East and compared it to the Gaza Strip, but due to technical problems, I can't post it here. You can view them at the two links below.

https://commons.wikimedia.org/wiki/File:Petroleum_regions_-_Middle_East_map-es.svg

http://www.maphill.com/israel/gaza/location-maps/satellite-map/

wahyu wida

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Quote from: quocsi on May 16, 2021, 07:51:34 PM

When the war broke out, the price of oil went up. The wars in the world are related to oil. Oil brings great profits. The Middle East is home to the largest oil reserves in the world. Wars are regularly fought here over the right to exploit oil. Countries with strong militaries such as the US, Russia, and China... all have their armies concentrated in the Middle East to compete for oil.

oil is a vital requirement for warfare, all combat equipment uses oil. therefore oil has an important role for mobilization and engine lubricants. it is not surprising that in the Middle East there are always wars involving many of the countries behind it. along with the scarcity of oil it will certainly increase the price

quocsi

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When the war broke out, the price of oil went up. The wars in the world are related to oil. Oil brings great profits. The Middle East is home to the largest oil reserves in the world. Wars are regularly fought here over the right to exploit oil. Countries with strong militaries such as the US, Russia, and China... all have their armies concentrated in the Middle East to compete for oil.

cryptoboss2020

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Quote from: fiulpro on May 16, 2021, 12:32:47 PM

Quote from: cryptoboss2020 on May 14, 2021, 02:50:14 PM

Its Good to buy oil.
I guess its better then gold btc or other.
The war in gaza area and tel Aviv will do enough to push oil price high.

I guess many investors now Think about invest in this black gold

Could be 10x Moon oil Moon bullish

Does that seem ethical to you ?
I do not think that it would even be good to invest in this.. what we should be doing right now is to control the whole thing and make sure the whole thing dies down really fast.
•
Plus even if you check the whole thing you can still see that the price of BTC might have taken a hard toll but there are other cryptocurrencies that you can invest in for the short term.
•
Then you can very easily trade those later, for other main cryptocurrencies like BTC.
•
Plus you should understand that this might be a local, National thing the least. It would still take time to influence the price of oil prices as whole all around the world.

Ethical... World is not ethical Long time ago.
You been liad everywhere Even on TV..
Is that ethical?
I CAnt change that world just Can live with it.

fiulpro

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Quote from: cryptoboss2020 on May 14, 2021, 02:50:14 PM

Its Good to buy oil.
I guess its better then gold btc or other.
The war in gaza area and tel Aviv will do enough to push oil price high.

I guess many investors now Think about invest in this black gold

Could be 10x Moon oil Moon bullish

Does that seem ethical to you ?
I do not think that it would even be good to invest in this.. what we should be doing right now is to control the whole thing and make sure the whole thing dies down really fast.
•
Plus even if you check the whole thing you can still see that the price of BTC might have taken a hard toll but there are other cryptocurrencies that you can invest in for the short term.
•
Then you can very easily trade those later, for other main cryptocurrencies like BTC.
•
Plus you should understand that this might be a local, National thing the least. It would still take time to influence the price of oil prices as whole all around the world.

Myleschetty

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Quote from: cryptoboss2020 on May 14, 2021, 02:50:14 PM

Its Good to buy oil.
I guess its better then gold btc or other.
The war in gaza area and tel Aviv will do enough to push oil price high.

I guess many investors now Think about invest in this black gold

Could be 10x Moon oil Moon bullish

I check every country that had Crude Oil, all of them have experience warfare at some point and if we're to judge Oil and gas through the conflict that has happened through it, we shouldn't see oil as an investment that's better than BTC, Gold eic.

mojun7982

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Quote from: noorammak on May 15, 2021, 01:42:15 PM

War increases war-related commodities such as oil, weapons, and food.
We are in a new commodity supercycle but I am not sure if oil will go up in price as now new materials, new technologies, new energy sources become more common and oil demand is reduced. Oil fields need to be exploited more to ensure operating costs, so oil prices have dropped steadily. I don't think oil is going to increase in value so quickly just because of the war in the Middle East.

Although I wonder for how long wars will still be fought with the weapons as we know them. It will soon be attacks with viruses I can imagine and with other infectious diseases. They can all build that stuff in a laboratory. No conspiracy here, but do you think the next war will be solely fought with tanks and jets and bombers and ships? I don't think so, which are of course bad prospects for humanity.

noorammak

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War increases war-related commodities such as oil, weapons, and food.
We are in a new commodity supercycle but I am not sure if oil will go up in price as now new materials, new technologies, new energy sources become more common and oil demand is reduced. Oil fields need to be exploited more to ensure operating costs, so oil prices have dropped steadily. I don't think oil is going to increase in value so quickly just because of the war in the Middle East.

jinxing

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I think the Israeli and Palestinian conflict will not affect the increase in world oil prices, even though the attacks from Hamas have blown up Israel's tel Aviv, but Israel is not the largest oil producer in the world so this conflict will not affect world oil prices.

mojun7982

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The Standard Protocol - Solving Inflation

Quote from: cryptoboss2020 on May 14, 2021, 02:50:14 PM

Its Good to buy oil.
I guess its better then gold btc or other.
The war in gaza area and tel Aviv will do enough to push oil price high.

I guess many investors now Think about invest in this black gold

Could be 10x Moon oil Moon bullish

A little bit too late if you seriously think it's better than crypto. What you could have done is last year in March buy oil with a leverage of x100 then you might be correct that it could have turned out to be a better investment than cryptocurrencies.

Reid

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Even with the pandemic that happened you still think that way?
People learned how to make their job easier by finding ways to do them at home. That means less usage of their cars.
They also learned that using bicycles have dual purposes. Exercise and less expense.

There might still be a lot of companies out there who use oil but most of them are also aiming for green energy.
Did that change your mind already or should I go on?

electronicash

legendary

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U.S. pipeline was hacked recently which the hacker asked for BTC as ransom, this is the cause of oil shortage these days. there are stories behind it but it's going to lead us to another conspiracy. oil shortage usually will make the price go up which the news says increases more than $2 per gallon. if the war escalates to which they were actually preparing, we might just see 3rd world war. not that i wish it will happen.

Kittygalore

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Good luck buying oil because I am sure that it is pretty difficult for an individual investor to invest in one. The closest thing that you can do is to buy at full tank in your car now that the prices hasn't gone up yet.

zanezane

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Quote from: Oceat on May 14, 2021, 06:33:50 PM

Somehow I find it odd when there's a conflict on a specific place where there is also an oil involved.
May it be political or businesses it's all about the money why there's always a conflict.
It seems like someone is waging a war to create a conflict that would soon create a panic and it all affect the supply and demand.

So who's waging to create a conflict to push the price of a specific commodity?
So does this mean that every war exist there's always a money involved?

Because who controls the oil, controls the money, there is a reason why oil is called the black gold you know. Also, you should understand human nature to understand why they are waging conflicts. The biggest reason I can think of is greed and hatred because they have a different religion. If you know where to invest in oil then you should probably go for it but I don't think that they will accept measly amounts of money to invest in it, pretty sure only the big money people are the only ones that can invest in oil.

Darker45

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Are there large oil fields within the Gaza and Tel Aviv areas? I don't think so. Israel is not one of the top oil producers in world, either. Neither is it one of the top oil consumers. So I don't think the worsening violence in certain parts of Israel will push the prices of oil particularly high.

However, I am not certain as to whether there is a pattern of an oil price increase every time violence erupts in the mentioned areas. If there is, it is easily tracked by investors given the fact that the current violence is not isolated but recurring.

Hydrogen

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Will rising gas prices and fuel shortages increase demand for tesla EVs and electric cars.

Working from home is becoming a more common trend off the pandemic. People are driving less travelling to work each day. Resulting in reduced overall demand for oil.

If china flooded western markets with cheap electric vehicles that were price competitive with gasoline powered vehicles, could consumers resist the temptation to drop crude oil powered vehicles entirely.

I remember back around 2008 "conspiracy theorists" voiced concerns over peak oil. Claiming most easy to reach pockets of crude had already been harvested. And that at a certain point it would cost more more money, time and energy to harvest oil from deep wells than the oil was worth. To an extent middle eastern oil barons could recognize this, which is one motive behind them developing real estate in dubai.

I'm not certain if a long position in oil is a good prospect. Most recent price spikes are due to mitigating factors rather than natural market mechanics. Good luck either way.

Quote from: macson on May 14, 2021, 07:32:52 PM

Quote from: cryptoboss2020 on May 14, 2021, 02:50:14 PM

Its Good to buy oil.
I guess its better then gold btc or other.
The war in gaza area and tel Aviv will do enough to push oil price high.

I guess many investors now Think about invest in this black gold

Could be 10x Moon oil Moon bullish

i don't know what to base your analysis on, make you think the conflict in Gaza will push oil prices to the highest level. The conflict between Palestine and Israel has been going on for a long time, and if we look at the history of oil prices, the conflict between the two countries has absolutely no effect on oil prices. in fact, both countries are not oil-producing countries, so they have no reason to push up the price of oil.

https://www.worldometers.info/oil/oil-production-by-country/

A high percentage of US oil production could be shale based. There is controversy as to how energy efficient/inefficient the process is.

macson

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Quote from: cryptoboss2020 on May 14, 2021, 02:50:14 PM

Its Good to buy oil.
I guess its better then gold btc or other.
The war in gaza area and tel Aviv will do enough to push oil price high.

I guess many investors now Think about invest in this black gold

Could be 10x Moon oil Moon bullish

i don't know what to base your analysis on, make you think the conflict in Gaza will push oil prices to the highest level. The conflict between Palestine and Israel has been going on for a long time, and if we look at the history of oil prices, the conflict between the two countries has absolutely no effect on oil prices. in fact, both countries are not oil-producing countries, so they have no reason to push up the price of oil.

https://www.worldometers.info/oil/oil-production-by-country/

Oceat

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Somehow I find it odd when there's a conflict on a specific place where there is also an oil involved.
May it be political or businesses it's all about the money why there's always a conflict.
It seems like someone is waging a war to create a conflict that would soon create a panic and it all affect the supply and demand.

So who's waging to create a conflict to push the price of a specific commodity?
So does this mean that every war exist there's always a money involved?

Fortify

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Quote from: cryptoboss2020 on May 14, 2021, 02:50:14 PM

Its Good to buy oil.
I guess its better then gold btc or other.
The war in gaza area and tel Aviv will do enough to push oil price high.

I guess many investors now Think about invest in this black gold

Could be 10x Moon oil Moon bullish

It's funny what can affect the oil price, but it usually just results in short term blips overall. We saw the hacking attack against an American pipeline in the news recently and that could be attributed to some of the recent raise in prices. Ultimately it is OPEC that can influence most price changes and the rest of the world is at it's mercy with fracking running out of steam. If anything the pandemic reigned in some of the excesses of the oil states and hopefully made them think of a more responsible future. I think the short term fighting between Palestine and Israel is more to do with the current court corruption case that the Israeli Prime Minister is facing than anything else - it acts as a very convenient distraction, innocent deaths and sectarian violence are but collateral damage to Benjamin Netanyahu.

livingfree

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If you think that oil is a good investment you better bought it before long time ago. That was a year ago when the price of oil plummets in its entire history. But after that plummet, it has recovered again.

Article last year - Oil Plummets Over 300% To Almost -$40 A Barrel In Historic Collapse

cryptoboss2020

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Its Good to buy oil.
I guess its better then gold btc or other.
The war in gaza area and tel Aviv will do enough to push oil price high.

I guess many investors now Think about invest in this black gold

Could be 10x Moon oil Moon bullish

Topic: Oil and war Good profit (Read 237 times)