Why are oil prices so low?

Discussion in 'Commodity Futures' started by Laissez Faire, Dec 4, 2014.

  1. Fed meeting this week... I would be afraid to hold positions
     
    #211     Apr 26, 2015
  2. Excellent! :)
     
    #212     May 5, 2015
  3. romik

    romik

    One Russian oligarch recently posted he was expecting $40, but didn't say when :)
     
    #213     May 5, 2015
  4. He must be clueless. :)
     
    #214     May 5, 2015
  5. romik

    romik

    He is worth $700m according to Forbes
     
    #215     May 5, 2015
  6. BSAM

    BSAM

    Indeed, oil made its way to 60 and more!
     
    #216     May 5, 2015
  7. I'm in debt and I'm expecting $70. I'll even tell you when! :)
     
    #217     May 5, 2015
  8. romik

    romik

    I agree, I was thinking $75 as a reasonable target.

    oil.png
     
    #218     May 5, 2015
  9. bone

    bone

    Just replicate whatever John Arnold is thinking.
     
    #219     May 11, 2015
  10. Who the hell is John Arnold?
     
    #220     May 12, 2015