Oil!

What's happening to crude oil price, opening in a few hours?

Attached: oil.png (225x225, 1.54K)

Will approach zero

Buy tankers.

MOON

but COP and XOM and thank me later

...

When? ASAP?

going lower, probably hit $17 tonight

oil chad here , gonna buy a shit ton and making sick profits this week

USO is a ponzi scheme

What should I buy mr. Chad.

MRO, Shell, XOM.
FRO (company that’s produces oil storage facilities)
On Monday HAL releases their earnings report, their stock price will probably dip down
Buy it Monday morning

OD7F

so do you think crude will raise in price this week, or just oil companies?

Crude cant go any lower , probably looking at 25 dollar short term.

But there's still the storage problem right now, so the price could fall more, even for some peak down.
I agree that the actual price seems the very bottom

reminder that if you are buying USO you are a retard. better to buy XLE which is an ETF of the largest US oil companies

this or VDE which is vanguards fund that is basically the same thing.

Why should HAL go down? I bet everyone expects shit reports from any company associated with oil industry

how about UCO?

MRO, MPC, HAL, CVE, maybe some XOM

or VGENX for the sweet dividends

This is actually correct advice.

Am I the only one in DCP?

yes.

the petrodollar will fall

yea in 50-100 years

USO looks like it’s in a perfect position to enter a swing trade

Can someone explain ERX?

What about XOP, i invested into it at the moment, it's green

it will go up as counties are slowly reducing confinement

ASAP

Dollar cost average your way in through the next two weeks. Buy on dips.

since rds.a isn't a US company - does it make it more susceptible to not being bailed out by it's dutch government? or is shell too stable of a company and won't need a bailout?