HotStockMarket › Forums › HSM Stock Forum › Stock Market Today › Price of Oil?
New Posts  All Forums:Forum Nav:

Price of Oil?

post #1 of 33
Thread Starter 
New to the forum. Looking for advice on the price of oil over the next 3 months. Does it go lower and why? Any opinions out there? Thanks.
post #2 of 33

very short term..this is close to bottom...(with more room for downside)

 

long term..i dont think anyone has any clue

post #3 of 33
All we need are the Saudis to pull back on their production or OPEC in general and you'll be able to mark this is the summer bottom for oil prices. Until then though it's going to drift in this $82-$87 range.
post #4 of 33

I actually think it's going lower short term, to around $77-78.

post #5 of 33
Thread Starter 

Thanks everyone for the input.
post #6 of 33
Thought this article was interesting: http://www.foxbusiness.com/markets/2012/06/14/oil-prices-dip-investors-wait-for-opec-meeting/

You basically have some of the majors wanting oil at $100.00, while Russia needs it at $80.00 according to the article.
post #7 of 33
Quote:
Originally Posted by RichardF View Post

New to the forum. Looking for advice on the price of oil over the next 3 months. Does it go lower and why? Any opinions out there? Thanks.

I hope you invested in UGAZ.

post #8 of 33

Jumping in UGAZ tomorrow @ market price .. 50 SHARES. 

post #9 of 33
Quote:
Originally Posted by o7media View Post

I actually think it's going lower short term, to around $77-78.

i got it reaching 75 at some point this year...with the usual ups and downs along the way
post #10 of 33
Quote:
Originally Posted by o7media View Post

I actually think it's going lower short term, to around $77-78.

 

Quote:
Originally Posted by kevin1612 View Post


i got it reaching 75 at some point this year...with the usual ups and downs along the way

 

 

We're in the $78's now. $75 would be great.

 

I'm gonna start filling up gas cans and storing them in my house............

 

 

errr actually that might not be a great idea laughing.gif

post #11 of 33
Quote:
Originally Posted by kevin1612 View Post


i got it reaching 75 at some point this year...with the usual ups and downs along the way

 

Hope so.  Prolly would bring gas back down at around $3.00 here in Scottsdale.

post #12 of 33

wtf!!! gas was 2.19 at dallas/fort worth TX last night

 

a break below $2.00 & everyone gonna be buying hummers

Quote:
Originally Posted by Rock Sexton View Post

 

Hope so.  Prolly would bring gas back down at around $3.00 here in Scottsdale.

post #13 of 33
Quote:
Originally Posted by tones View Post

wtf!!! gas was 2.19 at dallas/fort worth TX last night

 

a break below $2.00 & everyone gonna be buying hummers

 

$2.19? You mean $3.19?

 

I'm in Houston and we're still just above $3

post #14 of 33
Quote:
Originally Posted by tones View Post

wtf!!! gas was 2.19 at dallas/fort worth TX last night

 

a break below $2.00 & everyone gonna be buying hummers

 

Man it would be paradise to pay $2.19/gallon.  

post #15 of 33

nvm it was 3.19... oil prices were so high last year that 3.19 is the new 2.19 to me 

post #16 of 33
Quote:
Originally Posted by tones View Post

nvm it was 3.19... oil prices were so high last year that 3.19 is the new 2.19 to me 

 

DeadBanana.gif

 

I was about to say, you're filling up on that cheap gas that makes your shit knock laughing.gif

post #17 of 33

Raymond James has oil @ 65 for 2013 if you can believe that.

Quote:
Originally Posted by kevin1612 View Post


i got it reaching 75 at some point this year...with the usual ups and downs along the way
post #18 of 33
Quote:
Originally Posted by Datemike View Post

Raymond James has oil @ 65 for 2013 if you can believe that.

 

Some analyst on cnbc today said $50 by next year.

post #19 of 33

lol you guys dont know what high prices are..  Add another 50cents for EPA restrictions in California.

If i get under 4.00 even for 87.. i think thats good lol.

post #20 of 33
Quote:
Originally Posted by mjoke View Post

lol you guys dont know what high prices are..  Add another 50cents for EPA restrictions in California.

If i get under 4.00 even for 87.. i think thats good lol.

 

wow still above 4.00 in cali. sucks to be you.

 

i saw 3.17 last night banana.gif

New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Stock Market Today
HotStockMarket › Forums › HSM Stock Forum › Stock Market Today › Price of Oil?