Oil - perspectives, expectations, opinions. - page 8

 
Yuri Evseenkov:
The "sideways" forecast is very valuable, if it is correct of course.
To the right of the monitor is 100%.
 
sibirqk:

There were no surprises, as expected the rate remained unchanged, although of course there was more wagging of the finger than expected. Perhaps that is why the Euro did not go straight to 1.13.

The outcome of the December meeting now depends on the inflation and jobs data. If inflation does not rise or god forbid starts to slow down and jobs start to shrink, the December rate is very likely to be left as is and EUR/USD is above 1.15 and Brent over 55$. If inflation is up, new jobs >200k and unemployment is <= 4.9% then a rate hike in December is a done deal. And as a consequence EUR/USD below 1.10 and brent below $40

The last war is most likely drawn to do another bummer to Russia or something worse...but the boomerang has already started to come back... everyone is gradually realizing that the americans have no brakes lately...
 
Сергей Криушин:
Everyone is slowly realising that the Amerks have not had any brakes lately...
Are you sure it's the Amerks?
 
Alexander Laur:
That's right.
They used to exterminate Indians there, now they're taking on their own Negroes... hysteria even on the ground... not to mention the upper atmosphere...
 
Сергей Криушин:
They used to exterminate Indians there and now they're taking on their Negroes.... hysteria even on the ground... not to mention the upper atmosphere...
Oh, yeah, I've heard that one before - but you have the Negroes being oppressed....
 
Дмитрий:
Oh, yeah, I've heard that before - but your people are oppressing blacks....
And we are a super oppressed people from all sides...)
 
What does all this stuff you guys are writing here have to do with the value of oil?
 

This is what the low price of oil has driven the Arabs to:


https://www.gazeta.ru/business/2016/09/29/10221485.shtml#page1

Принцы становятся нищими
Принцы становятся нищими
  • www.gazeta.ru
Центральный банк Саудовской Аравии заявил о намерении разместить в банках страны 20 млрд риалов ($5,3 млрд) и представить два новых инструмента для поддержания финансовой стабильности в условиях низких цен на нефть, сообщает The Economic Times. Саудовский Центробанк «от лица правительства» собирается разместить эти средства в виде депозитов в...
 
Two archival events have now taken place at the same time. The first . The US Congress overrode a presidential veto on compensation for victims of the attacks. U.S. citizens can now demand money from Saudi Arabia, the terrorists' main sponsor. Which finally drives a wedge between the allies. These two countries, the main consumer and the main producer, are the main price setters. U.S. official documents state that Saudi Arabia is a strategic ally of the U.S. and is an area of U.S. national interest. It was the agreement with the Saudis that allowed oil to drop to $6-10 in the late 1980s. This catalysed the collapse of the USSR. With the development of the shale revolution, the differences between the allies have only worsened. Second. At the OPEC summit, for the first time in eight years, an agreement was reached to reduce production. This news has in the past set the long-term trend for oil quotations. These two events tell us, gentlemen comrades, that we are standing on a firm platform for the emergence of a new relationship in the oil market.
 
Yuri Evseenkov:
Two archival events have now taken place at the same time. The first . The US Congress overrode a presidential veto on compensation for victims of the attacks. U.S. citizens can now demand money from Saudi Arabia, the terrorists' main sponsor. Which finally drives a wedge between the allies. These two countries, the main consumer and the main producer, are the main price setters. U.S. official documents state that Saudi Arabia is a strategic ally of the U.S. and is an area of U.S. national interest. It was the agreement with the Saudis that allowed oil to drop to $6-10 in the late 1980s. This catalysed the collapse of the USSR. With the development of the shale revolution, the differences between the allies are only getting worse. Second. At the OPEC summit, for the first time in eight years, an agreement was reached to reduce production. This news has in the past set the long-term trend for oil quotations. These two events tell us, gentlemen comrades, that we are standing on a firm platform for the emergence of a new relationship in the oil market.
Neither the first nor the second mean anything at all.