Compensation theory

As at now share oil producers knocking on his door

*ally

Soon d whole world wil call his bluffs

Nothing new u hv seen b4

Whn it comes to MBS Trump declared Saudi ours best aaly

*soon

Threatening to sailang here n thr

But pretty goin to fold n run tat is Trump

Uping ante here n thr now singing ALL BY MYSELF

So Trump has noticed d mkt rout

Rouge president wil doin something soon

Whatever it take tat wil push up d mkts

*Putin

Mai Cow Kai Hibiscus coming back in big way

Mai Cow Kai Buy Hibiscus now

Supply side taken care of by MBS n Puting by OPEC+

Demand side coming back in a big way whn trade war ended

End in sight for d trade war


China is reportedly considering a new law on foreign investment that would emphasize the illegality of forced tech transfers — the practice of which has been a major complaint from Washington amid the ongoing tariff battle between the world's two largest economies.

Multiple local outlets reported on the under-consideration law, and Beijing-based news agency Caixin said Sunday the current draft calls for the prohibition of local governments "forcing foreign businesses to transfer technology or illegally restrict(ing) their market access."

Mai Cow Kai

In a tough day like today stil green tat is something

Funds doin reallocation stil on

Correct

Better buy now Mai Cou Kai

Rouge president singing All By Myself

MBS n Putin goin to do whatever it takes for 70 USD oil

Hibiscus all forced selling over won't drop

Thr is always OPEC+ to save oil

Don't count on Trump to save d Dow

Oil rebounding

Funds end of year start of year positioning in progress

Ur key is patience

kkikikiki





































kikikiki

Good trick

But wil only work provided MBS killed another one



upshare So.....push up the oil price

The salesman. Collect the oli when low when his store is full.. then he slowly push up the oil price and the sales... when store is empty with oil.. he push down again and collect again..

May be like this..??
.
20/12/2018 17:03

Biggest salesman in town never wants his product to b sold cheap

Trump d biggest oil salesman

Thn hw to reduce trade deficit wit US tat makes Trump tulan??

Kikikikiki

Forced selling over

0.81 wall coming down...

Buy tech? Buy jet? China want buy US don't want sell

Don't buy oil buy wat? Buy tech? Buy jet?

Well we shall see when d shale producers defaulted their loans

Trump d biggest oil salesman wil oso panic

Trump is pressuring China to buy WTI

Low WTI benefit China

Wat d hell strategy helping ur enemy??

When WTI below 50 USD Trump oso panic

Does it make sense to eat guava at around 4pm between lunch n dinner??

Do u see IDSS operating or not?

Kikikikikiki

0.80 going to b 0.88

At 0.80?

Forced selling coming to tail end

No more selling pressure after today

*a

It is mess

Let's see if Trump dare to stir up more problems or try to save d economy now

Today last day to buy cheap

Once margin call forced selling triggered yesterday r cleared today price wil shoot up

Oil price wil back to more thn 60 usd in no time

OPEC wil become OPEC++

Shale oil producers gonna b facing mass credit default due to negative cashflow

Share oil producers gonna turn against Trump asking him to prop up oil price

Can the U.S. shale boom continue if WTI stays mired below $50 per barrel?

Much has been made about the dramatic cost reductions that shale drillers have implemented over the past few years, with impressive breakeven prices that should ensure the drilling frenzy continues no matter where oil prices go. On earnings calls with investors and analysts, shale executives repeatedly trumpeted extremely low breakeven prices.

However, those figures are at times cherry-picked or otherwise misleading. They fail to include the cost of land acquisition and other costs, or they simply reflect cost structures in only the very best acreage.

The sudden meltdown in prices – oil fellnearly 8 percent on Tuesday – could put renewed scrutiny on the point at which many shale wells breakeven.

The problem for a lot of companies is that they are not necessarily earning the full WTI price. Oil in West Texas in the Permian Basin continues to trade at a steep discount relative to WTI, even as the differential has narrowed in recent months. With WTI at roughly $47 or $48 per barrel, oil based in Midland is trading below $40 per barrel, the lowest point in more than two years, according to Bloomberg.

Bloomberg NEF data provides more clues into the complex “breakeven” debate. Wells located in the Spraberry (within the Permian basin) can breakeven when prices trade between $32 and $47 per barrel. Digging deeper, Bloomberg NEF notes that some of the best wells can break even in the low $30s, but the worst quartile of wells breakeven at an average of $65.54 per barrel.

In other words, a large portion of wells in the Permian – which, to be clear, is often held up as the best shale basin in the world – is currently unprofitable, given WTI priced in the high-$40s per barrel. The problem is even worse for areas outside of the Permian, where breakevens are on average much higher. Arguably only the very best wells in the Bakken, the Eagle Ford and the Niobrara are making money right now.

That puts the heady production figures from the EIA for 2019 into doubt. The agency expects the U.S. to grow production by 1.2 million barrels per day (mb/d) in 2019, another very large annual increase. However, that growth is predicated on higher oil prices. “If WTI remains around current levels (~$50/bbl), US growth should start to slow,” Morgan Stanley analysts wrote in a recent note.

There are some mitigating circumstances that could shield shale producers from the worst. Shale E&Ps routinely hedge their production for the year ahead. Just months ago, some of those hedges looked like a bad bet – producers had locked in prices in the $50s or so for much of 2018, even as oil prices over the summer traded much higher than that. For instance, Anadarko Petroleum said it missed out on $298 million in revenue because it locked itself into hedges at price levels lower than the prevailing spot price.