- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
End to the oil crisis expected by Trump
Posted on 4/2/20 at 10:08 am
Posted on 4/2/20 at 10:08 am
That’s a boom
Trump tweeted he talked to Saudi and Putin and both sound like they are agreeing to a cut of 10-15 million barrels. Big win for the oil industry if true.
Oil prices surged 30%
Trump tweeted he talked to Saudi and Putin and both sound like they are agreeing to a cut of 10-15 million barrels. Big win for the oil industry if true.
Oil prices surged 30%
8
Posted on 4/2/20 at 10:11 am to Upperdecker
that's good news, i'm only down like 38% on my shell stock now. 
Posted on 4/2/20 at 10:13 am to Upperdecker
Won't last unless consumption can draw down some inventory. The jury is still out.
Posted on 4/2/20 at 10:13 am to Chad504boy
Only lose when you sell baw
Posted on 4/2/20 at 10:15 am to Tigers4life
quick, everybody go crank your cars sitting in the driveway!
Posted on 4/2/20 at 10:15 am to Upperdecker
There goes my CVX target price
Posted on 4/2/20 at 10:15 am to Upperdecker
I have no oil exposure in many years. Still suspect with a lot of...expect, hope and ifs in that tweet.
This post was edited on 4/2/20 at 10:16 am
Posted on 4/2/20 at 10:18 am to LSUregit
Added oil exposure significantly with the recent record lows. Yes there’s a lot of ifs, Hope, etc. But they’re going to make a deal. And Trump may embellish the talks, but there’s definitely a deal being brokered
Posted on 4/2/20 at 10:19 am to Upperdecker
quote:
But they’re going to make a deal. And Trump may embellish the talks, but there’s definitely a deal being brokered
agreed
Posted on 4/2/20 at 10:20 am to Chad504boy
quote:
i'm only down like 38% on my shell stock now
I'm up 65% on my RDS.B position now
This post was edited on 4/2/20 at 10:23 am
Posted on 4/2/20 at 10:21 am to bnb9433
I’d rather be in too early than too late
Posted on 4/2/20 at 10:23 am to Upperdecker
hmmmmm
doubt a call from trump or a tweet impacted
sa and russia
they were already meeting and expressed thoughts .....we all knew this as did trump when he started hedging his spin for the uninformed sheep like you...
will see where it goes but ....regardless .... big oil was and is a good buy down here
been adding two majors for a while..
solid dividend plays for life!!!
doubt a call from trump or a tweet impacted
sa and russia
they were already meeting and expressed thoughts .....we all knew this as did trump when he started hedging his spin for the uninformed sheep like you...
will see where it goes but ....regardless .... big oil was and is a good buy down here
been adding two majors for a while..
solid dividend plays for life!!!
Posted on 4/2/20 at 10:26 am to Thecoz
Calm down soyboy
Posted on 4/2/20 at 10:28 am to Upperdecker
No worries.
I am up Bigley on my oil....
I am up Bigley on my oil....
Posted on 4/2/20 at 10:28 am to Thecoz
quote:
they were already meeting and expressed thoughts .....we all knew this as did trump when he started hedging his spin for the uninformed sheep like you...
How so? Trump has/had a lot of tools to swing things in our favor.
You think USA is powerless in this conversation?
Posted on 4/2/20 at 10:40 am to JayDeerTay84
At this point, Trump will say anything to prop up the markets Everyone knows that there definitely will be a deal and that neither countries can survive long term. Will it be today, 3m or 6 months? Who knows.
Everyone knows that there definitely will be a deal and that neither countries can survive long term. Will it be today, 3m or 6 months? Who knows. 
Posted on 4/2/20 at 10:46 am to jimbeam
Same
Posted on 4/2/20 at 10:51 am to JayDeerTay84
quote:
How so? Trump has/had a lot of tools to swing things in our favor.
He may but I wish he wouldn’t. The economy needs these low prices and the oil companies with strong balance sheets will be fine.
I do not want the USA govt effectively joining the cartel in setting production limits.
Posted on 4/2/20 at 10:54 am to C
Yes this will actually help the industry if the BK courts will finally liquidate some companies.
Page 1 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News