Anyone that sells now, with WTI closing in on $90, earnings right around the corner, and the entire oil sector moving in lockstep, is making a huge mistake. I I I I $RIG $LPI $CDEV $MRO $OXY
Last day of tax loss selling is today. Expect tons of new money to come pouring into our oil sector. It’s where the real cash flows will be made and balance sheets will become top notch while giving money back to shareholders. We are in some great days, weeks ahead. All stay long and strong on this oil rally!!! Can I get an amen?
All viruses weaken as they mutate, that's why South African doctors said virtually all Omicron cases presented are MILD.
The 1918 Spanish flu continues to circulate till today but nobody cares because it is weak, like the common flu. COVID is getting weaker with Omicron, not stronger - That is science. Oil sell-off is hysteria.
I am not just holding, I am buying more $OXY (warrants), $LPI, $FANG, $XOM, $DVN, and $CPE.
Little Tiny $RECAF is now trending on the stocktwits because something BIG is coming. It could easily pop back into double digits which would be a 100% gain. Potentially many Billions of oil under ground with a gross value of 252Billion for just 3Billion barrels at $84/barrel.
Worth checking out and great diversification play for $TSLA longs both Tesla longs and $XOM and $OXY and $LPI longs want higher oil and gas prices since everyone's business model gets BOOSTED by higher oil prices.
I’m long and strong in oil and with Russia shutting the pipes to Europe yesterday the mainstream media has yet to report on it along with Libya shutting off their main line as they head into elections. Major upside to come stay tuned!
JK: “European gas prices are hitting record highs today because traders are afraid U.S./EU will impose sanctions on Russia resulting in oil and gas supplies being cut off” PERSONAL TRAINER: “How would cutting off our oil and gas supply help us?” JK: “Errr …”
The fog of energy ignorance is obscuring what I believe to (still) be a generational opportunity in energy stocks, and the mistaken belief that the end of oil is near lies at its epicentre.
API weekly #oil and products inventory report: #Crude -0.815M #Cushing +2.257M #Gasoline +0.426M #Distillate -1.016M
I saw the news that the weather in the United States was very cold in mid-November 2019. How is the weather in America these days? And how is the weather expected in the United States this winter? These days, Korea is showing mild winter weather here.
The short-termism of today's SPR release blows my mind. 32MM "new" Bbls is a rounding error yet introduces politically-induced price risk just as US shale co's think about 2022 budgets. IMO we've seen the lows for oil and stocks and I'm going "all in" today given valuations.
What is the impact of high inflation and a strong dollar on oil stocks?
High Inflation: Oil stocks become more desirable to investors as a protection against inflation. "Energy stocks have the best track record during periods of rising consumer prices" (Financial Post, Feb 21, 2021).
Strong Dollar: This normally means lower commodities prices (including oil). However, two factors will make it different this time (1) the unprecedented underinvestment in oil leading to tight supply while demand continues to be strong, and (2) COVID-driven high inflation is a global phenomenon, not only in the US. When that happens, there is a flight to safety from various currencies to the US dollars, making USD stronger as it is happening now. So, the current strong dollar is extraordinary.
Looks like a big reset taking place. I’m anticipating society basically going back to 100% normal, sometime in 2022; With the exception of some hybrid work. But, to tell you the truth, I want to get out of the house! I’m sick of it. I want to be in the office and I want to get out on the road. $JWN $OXY $ZM $UAL $MAR
Let the algos sell the "US crude inventories built by 1MM Bbls" headline...meanwhile the US crude oil inventory deficit to the '16-'19 average actually GREW this week by 3MM Bbls and the "Big 3" deficit GREW by 7MM Bbls.
Are we ever bullish guaranteed Biden released oil which makes oil even more bullish. We should be seeing 15 million dollar gains in inventories. Distilleries are shutting down for maintenance! Glta! We gonna make some money!
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$RIG $LPI $CDEV $MRO $OXY
https://www.google.ca/amp/s/abcnews.go.com/amp/International/wireStory/russia-nato-expansion-ban-82347415
$BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY $NRGU $USO
$BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY
The 1918 Spanish flu continues to circulate till today but nobody cares because it is weak, like the common flu. COVID is getting weaker with Omicron, not stronger - That is science. Oil sell-off is hysteria.
I am not just holding, I am buying more $OXY (warrants), $LPI, $FANG, $XOM, $DVN, and $CPE.
Worth checking out and great diversification play for $TSLA longs both Tesla longs and $XOM and $OXY and $LPI longs want higher oil and gas prices since everyone's business model gets BOOSTED by higher oil prices.
BIGTIME BULLISH in 2022 ON ALL THOSE SECTORS!
$BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY
PERSONAL TRAINER: “How would cutting off our oil and gas supply help us?”
JK: “Errr …”
Energy Investors Together!
$BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY
API weekly #oil and products inventory report:
#Crude -0.815M
#Cushing +2.257M
#Gasoline +0.426M
#Distillate -1.016M
$BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY
$cpe $lpi $cdev $vet $ovv $xom $cve $apa $oxy
$BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY
High Inflation: Oil stocks become more desirable to investors as a protection against inflation. "Energy stocks have the best track record during periods of rising consumer prices" (Financial Post, Feb 21, 2021).
Strong Dollar: This normally means lower commodities prices (including oil). However, two factors will make it different this time (1) the unprecedented underinvestment in oil leading to tight supply while demand continues to be strong, and (2) COVID-driven high inflation is a global phenomenon, not only in the US. When that happens, there is a flight to safety from various currencies to the US dollars, making USD stronger as it is happening now. So, the current strong dollar is extraordinary.
Feel free to add your thoughts.
$OXY $RIG $OIH $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $KMI $HAL $SLB $PXD $MRO $CEI $DVN $KOS
https://www.reuters.com/business/energy/oil-gains-rosier-outlook-global-economy-fuel-demand-2021-11-09/
$BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY
$BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY
“What happens in the coming weeks will have major implications for the global economy.”
$OXY $CPE $RIG $OIH $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $KMI $HAL $SLB $PXD $MRO $CEI $DVN $KOS
https://financialpost.com/commodities/energy/opec-panel-recommends-keeping-current-pace-of-oil-supply-hikes/wcm/877c28c5-5213-4121-8145-27c9642d79e7/amp/
"OPEC is not interested in pushing prices back down to $60 a barrel. They have zero interest."
- Francisco Blanch, Head of Global Commodities at Bank of America
So, OPEC+ won't rock the boat and supply will remain tight while demand continues to increase. Good news for oil stocks.
https://www.cnn.com/2021/11/03/business/gas-prices-oil-opec/index.html
$OXY $CPE $RIG $OIH $XOM $CVX $VET $EOG $CNQ $LPI $CLR $CDEV $CPG $KMI $HAL $SLB $PXD $MRO $CEI $DVN $KOS
$BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY