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Crude Oil WTI Futures - Dec 24 (CLc6)

CME
Currency in USD
Disclaimer
75.21
-0.50(-0.66%)
Closed

Crude Oil WTI Futures Discussions

Poor Ol Pa also seems to be stuck in Shorts below 77, Hahahahaha. No worries bro, You will recover them in few months may be next year again ! Chill :D
OPEC+ reportedly agrees to extend production cuts Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing nations at a meeting on Sunday reached a tentative agreement to prolong production cuts until the year's end, the Wall Street Journal reported, citing delegates. Delegates reportedly indicated that OPEC+ outlined a plan to extend significant oil supply reductions into the latter half of the year amid efforts to prevent a global surplus and stabilize prices. The decision coincides with Saudi Arabia's initiation of a substantial share sale for its national oil giant, Aramco, generating substantial funds for the country's economic overhaul.
I expect a flat opening or a small dip but it may gradually rise overtime it's definitely going higher.
Opec cuts are always perceived by some as bearish no matter what when will the bears realize that the only cut that took place was by the Saudis by 800k barrels the market only price that not a group cut so the cut into 2025 is bullish no question about it oil demand growth will push the market into deficit.
any comments opec meeting
Let us see was the market say on monday. Or read the comments up or down thats the question and nobody now it. ;)
Reading that post Gigi has had the same effect on my brain as laughing gas..If you could put your comments in a small canister & sell it to teenagers you'd be a multi millionaire in weeks.. good luck.
opec meeting decision
They decided to stop members making decisions.. although they couldn't decide who would decide the penalty for decision making..they did decide that when they do decide it should be up to the person who decides the penalty to decide who makes decisions about deciding in future.
GOLD SILVER CRUDE WEEK LEVEL AND DAY LEVEL WORK AND BIG PROFIT LEVEL 704621. AND 6802
higher range is open from tomorrow, $80 tomorrow
That is 3$ up ,why do you see this
Why some people say 3$ down?
$75 opening tomorrow
Only gapup or flat, no reason to be down
this week 83 confirm
That seems like a stretch. Would be awesome though.
Falling like a rock. 72.- soon.
Next week better buy dips around 75- 76 if seen, this will slowly go up in the summer
Production cut means they want more price per barrel. How some people is thinking the price will go down? Any logic is there? Use your brain dude's....
It's all about Prabhubility..
gap up then fade
yes. $70 coming
all expected and priced in , now how the big guys want to play it time will tell .
Today in few hours, Those who were screaming to sell around 77, will see MBS Power !! Hahahaha. $80 Coming !
have ce 6500 June close price 124 and my buying price 148 what should I expect
Muddy..it's Sunday evening.. finish your homework..have a bath..press your uniform & get yourself ready for school in the morning..
yes I know it is Sunday evening perhaps you feel in doubt
90$ coming soon
Probably sometime in Q3.
So opec only extended the 2024 cuts thru Q3 the market was expecting all the way to Q4 short term bearish for that last quarter but all the other cuts are extended until the end of 2025 that's ultra bullish long-term!
I read it all but still in doubt about tomorrow's game. already -50'/, of my capital cuz of long.
This was my C game play. Now will wait only if my call buy options are worth something or 0. My mistake here was enter oil at all at this low volatility market conditions. OPEC is now just confusing. Some might say oil will drop due to US elections (this is important for B. to win).
Bullish overall even after taking recession risk into consideration ? They are extending these cuts for a reason don’t you think ..?
The aircraft carrier USS Eisenhower has sailed to Jeddah, Saudi Arabia, following announcement of successful hits by Yemeni forces. This is an unexpected and major move, despite the US Army claiming that there was no attack.
and they want to harass China 😂
Long or short?🤯
Anyone going against opec will be hurt
75.5-74.8 in the next 48h
Just watch
all retailers are long here, sputeeds trying to justify their longs 🤣🤣🤣
OPEC more cuts ! ...so 2024 targets of the BIG boys JPMorgan 150 Goldman 160 Worldbank 158 ... are becoming real ;-)
China threatens NATO: "We will crush anyone who tries to interfere in the internal affairs between China and Taiwan" The statement from the Chinese government comes after news that Canada would deploy warships to the South China Sea, and after America's recent move to arm the Philippines with missiles that could reach major Chinese cities. Defense Minister Dong Jun
Must be quaking in their boots with the Canadians en route..
They'll bore the Chinese to death with they're tales of heading south during the winter months & then send in the mounties to arrest Jinping..
...
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