Oil — Here’s What Happens Next
Video Overview & Insights
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People keep saying the US is a net exporter of oil, but not all oil is the same. The US refineries were/are built for Heavy crude like from Canada and elsewhere, while US Shale is light crude and can't be used by most US refineries, so it's exported.
Oil looks broken.
But the market may be wrong.
I care about oil! Cover it more!!!
In this video:
• Why oil is crashing right now
How come Venezuela is not mentioned by anyone? It must be a great influence to the fiture of oil 2027 onwards...
• How China flooded the market with hidden reserves
• Why oil near $70 may be misleading
Is this oil crisis pushing people to electric ?
All by design ?
They need that New World Order when they can turn everything off with a switch.
Maybe oil can be good for one last in and out ?
• The supply risks bears are ignoring
• Why strategic reserves matter
Yeah and I went to fill up with Diesel last night and it's still at $4.15 a gallon , which only pisses me off , because 10 miles from my Home is Phillips 66 Refinery cranking out Diesel at pennies on the gallon to produce , I fish with the Stillman that runs the Diesel Production Unit and we are getting Royaly screwed on the retail price per gallon !
• What this means for oil stocks
• Why I’m watching high-yield energy plays
I feel like we’re in the biggest shakeout in the history of the world.
The charts look ugly.
The fundamentals tell a different story.
Slava💛💙
Oil bears are in control now.
But the risk is building fast.
Wouldn't risk going to US - get detained by b services or picked up your ICe - no thanks. Will watch from afar have a nice Symposium.
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no one knows the future but oil becoming unloved and dropping like it has makes it more attractive. I would like to see what happens from now till end of August
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Football ? I prefer tennis .. and italians are doing quite well there ..
More User Perspectives
Daniel thanks for the video BUT I wish you would talk about GOLD going up. The gold RSI looks like the trend is reversing up! The dollar went down on the jobs report. The 4215 level wasn’t broken. Why go to slimey Miami when you could’ve gone to Monaco, Menton, Nice or Sicily?
@DaleGribble-m3q14:46
Ask yourself if Oil goes to 50? For priced today it doesn't matter anymore what happens geopolitically. It's completely momentum driven and irrational. Everyone knew Hormuz got closed again but it didn't change anything. Markets are rigged and as retail we'll probably everytime loose in predicting short-term changes by using rational logic.
16 million barrels of oil short today .. its never been that high .. I am accumulating now
@drooyrich1279I've listened to five oil analysts making a case Two of them say that oil will drift down towards $50 because the world is awash with oil and there is no deficit All five supposedly have decades of experience. Hard to know what to believe.
@bettinamayer5657Oil looks so bearish. There must be a deflationary wave coming.
@donaldbest7621Oil is being shorted to oblivion. Crack spread is what you should be looking at and all I can say is good luck shorts...you will get ruined. Im already long/ very long oil shares and holding ( up 50-150% ) sure they are all down 20-25% but I dont care as collectind dividends. BUT, I am picking up 1 name that I never bought. Strathcona Resources.
@rumcoke9123I look forward to the great information I get from this channel every day. Thanks again Daniel for all you do
@therepairallguyssenderoplu3378im one of the few in italy that doesn't care about football.
I'd rather watch YouTube videos and learn things
Thank you for the update Daniel
@doozeybig4130