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TOPIC: oil etc

oil etc 24 Oct 2012 14:05 #1

  • AdeMcG
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Mike-in-Paris wrote:
Just in reply to Roxalana,.... surely if the price of oil went down to more reasonable levels this could be be good for the recovery. More disposable income for people to spend in the highstreet. Company's energy costs would lower, profit levels up and stock markets would be up.... why would it be bad ?


Maybe his portfolio is oil stocks heavy ? :P
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oil etc 24 Oct 2012 12:38 #2

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Just in reply to Roxalana,.... surely if the price of oil went down to more reasonable levels this could be be good for the recovery. More disposable income for people to spend in the highstreet. Company's energy costs would lower, profit levels up and stock markets would be up.... why would it be bad ?
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Nat gas worth a short on risk/reward basis? 21 Oct 2012 14:04 #3

natgas.gif
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oil etc 21 Oct 2012 14:02 #4

a few levels to watch
Nymex.gif
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oil etc 20 Oct 2012 11:41 #5

  • gclark25
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Don't apologise lol. Sometimes little snippets of chit chats like the above can make someone a fortune on the right move.
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oil etc 19 Oct 2012 20:27 #6

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Not really a tip as such..Spoke with a friend today who works for gs, earlier discussing a strong sell rating they have just put on Shell.Intersting as they have a 2016 oil price of $85/barrel.They believe that the shale oil plays will have dramatic effect on global markets...bad for long term gold and equities..A big call by them...Sorry just chit chat really..
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