SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.06-1.4%Nov 17 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rarebird who wrote (111813)4/2/2020 11:48:07 AM
From: flashforward2009  Read Replies (2) of 116762
 
Thinking about DWO and SCO, no oil has been removed from the market, we are months if not a year plus away from a CV-19 inoculation, before the economy can return to any normalcy, and many months away before a significant oil draw down storage can start. And no significant amount of shale oil is profitable until $50 a barrel, and we won't see that price again for many months if not years. Russia has yet to go along with the cuts, and the US has already cut shale production.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News