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Crude Oil WTI Futures - Jul 24 (MCGBc2)

MCX
Symbol
Exchange
Currency
CLDerivedUSD
WTCLc2ICEUSD
WTCLc5ICEUSD
WTCLc4ICEUSD
CLc7CMEUSD
CLc6CMEUSD
CLc5CMEUSD
CLc4CMEUSD
WTCLc3ICEUSD
MCGBc1MCXINR
WTCLc1ICEUSD
MCGBc3MCXINR
MCGBc2MCXINR
CLc3CMEUSD
CLc2CMEUSD
CLc1CMEUSD
JCOc1TOCOMJPY
Currency in INR
Disclaimer
6,550.00
0.00(0.00%)
Real-time Data

Crude Oil WTI Futures Discussions

People forget that the higher interest costs make drilling not feasible with sub 85 oil as seen on the rig count the DUC wells are depleting rapidly we should expect a large decrease in US oil production very soon.
2.0 not 20
That's nothing. Normally, oil failing a little because the market has been sleeping since the weekend.. Wait for the market to open soon and oil rocket.. Same every Monday, there is nothing to worry about. Soon -> 78.60
-6.9
-6.9 ye kia he
Sell on rise: The trading contract for United States and Saudi oil has been terminated in US dollars, and the Indian market also closed in the morning section.
That's actually bullish for oil lol.
bought an electric weed wacker 2yrs ago. junk battery and there she sits. I should have bought a gas...
Top off the line.
Top of the line
You got the best.
-6.9 WILL HAPPEN
remember for many wells in the US the break even is 70.
Bouncing off 77.70 ish area. Big support there currently.
US producers won't produce without making profit. US govt needs to walk a tight rope when they think cheap oil for US is good. $85-$95 WTI is fair range for all.
That's funny because just the other day you were saying they're pushing it down to $70 to fill reserve. Post your trades if you have any because I'm keeping score.
Thesis haven't changed. I'm long o&g producers but staring in plain sight that $70 oil and cheap pump gas may be a potential target as a campaign promotion. And if they miraculously get it to that level, US rig counts will drop, top off spr, unwind short, and then release the leash. US needs US oil.
Notice the hit pieces last week? Whatever it takes is their motto.
I am wanting to have 20 reward/risk ratio on the short positions in the aggregate which is below 75.88... however, expiry on 'N' is thursday, so I may have to exit afore the desired goal
2.0
Long 77.75
So bullish i can’t sit
You have wrong dictionary
Enteted long 77.85. Stop loss 77.50 Take profit 79. Lets see if 77.64 will hold this week as the weekly chart is bullish
Ok I like it. Good luck
This crude oil so fricking sick! Just keeps going down when the world is in turmoil!
Where is the world in such turmoil that oil production or transport would be affected?
days TP 76.25, weekend TP 73
BIDEN WANTS -6.9
HODL TG 78.60
'N' contract expires thursday
short positions active CLN24 77.92 to 79.05 8 positions avg 78.28
Well, a small gap down open isn't too bullish I have to admit. I hope it at least manages to close the gap vs the previous contract within today.
Expecting a bullish rollover, let's see
New contract
-6.9
2024 Targets of the BIG Boys JPMorgan 150 Goldman 160 Worldbank 158
Nice gap lol
Next contract
down to 73
...
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