very good

Yes did buy oil $Occidental(OXY)$ and still holding

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$Occidental(OXY)$  inevitable war which may cause oil price to skyrocket. Tension in the middle East is just getting started. 

$Geo Energy Res(RE4.SI)$   $RH PetroGas(T13.SI)$  $Rex Intl(5WH.SI)$  Why buy Geo energy? Middle east tension have caused the international oil prices shooting up fast...If you have missed the boat for Rex and RH...  Do take a look at Geo energy.  Coal is a substitute of oil during winter. Very soon ,the West and EU going welcome the winter... As usual, the talking of "going green" will be out aside as energy cost remains high..   Many countries will turn to coal to keep the people warm. Coal usage will be high for next few months. Potential upside for

$NASDAQ(.IXIC)$  bullish on oil production cut 

Oil up 2% and pushing the high $70s  We are entering the worst week of October, especially during an election year. Middle East tensions not slowing down which is likely the reason for the oil pump today. Oil going up isn’t good for inflation or the broader economy. CPI this week should be strong but probably won’t increase the upcoming cut to anything more than 25bps given the strong jobs report last week. Volatility this week seems likely. 

$Exxon Mobil(XOM)$ $Chevron(CVX)$ $Energy Select Sector SPDR Fund(XLE)$ $WTI Crude Oil - main 2411(CLmain)$ 🔺🅱🆄🅻🅻🅸🆂🅷🔺 🚨‼️🚨 Buffett’s Red Alert: Is the Market Too Frothy? 🚨‼️🚨 Kia ora Tiger traders! Get your ☕️ coffee cups ready because Warren Buffett’s flashing red lights are brighter than a Tui bird’s song at dawn! ☕🛑 The Oracle of Omaha has sold $97 billion worth of stocks and stashed nearly half of Berkshire Hathaway’s wealth in ultra-safe Treasury bills. What’s the big deal? The Buffett Indicator is sitting at 198.3%, and that’s about as bloated as your cousin after a second helping of pavlova. 😅📊 Add in the ne

In recent days, my Occidental Petroleum (OXY) stock has been performing exceptionally well, largely due to the increase in oil prices driven by mounting concerns over escalating tensions in the Middle East. While I am relieved to see the value of my investment rise, I find it difficult to take genuine satisfaction from this outcome. On one hand, the increase in oil prices undeniably benefits my portfolio. But on the other hand, I cannot ignore the troubling reasons behind this spike. It is unsettling to think that my financial gain is indirectly tied to instability and conflict. The turmoil in the Middle East, which has far-reaching and devastating consequences for countless lives, is not something anyone should celebrate. Though the increase in oil prices is not something I control, I sti

Overview Global oil prices rallied close to 2%, driven by a combination of factors including Chinese economic stimulus measures, rising geopolitical tensions in the Middle East, and technical trading patterns. Brent crude futures for November rose $1.27, or 1.7%, to settle at $75.17 per barrel, marking its highest level since early September. Similarly, West Texas Intermediate (WTI) crude gained $1.19, or 1.7%, to $71.56 per barrel. Chinese Stimulus Boosts Energy Demand Prospects The People’s Bank of China announced a series of stimulus measures, including reducing key short-term interest rates and encouraging bank lending. These measures are part of China’s efforts to achieve its annual economic growth targets, and they have raised expectations of higher energy demand in the world's secon

Overview Oil prices have rallied on the back of supportive news, including China's recent monetary stimulus and heightened concerns over Middle East tensions. As the world’s biggest crude producer, the U.S., braces for another hurricane, crude prices have seen a sharp upward movement. However, market analysts caution that the rally may not be sustainable in the medium term due to persistent demand concerns and the absence of fiscal policies to complement monetary easing. As of early trading on Tuesday, Brent crude futures for November climbed 1.14% to $74.74 per barrel, while U.S. West Texas Intermediate (WTI) crude futures for November rose by 1.31% to $71.29 per barrel. Chinese Monetary Stimulus Drives Oil Rally The primary driver of today’s oil price surge was China’s unexpected decisio

This should be good 

$Occidental(OXY)$ Already bought  Will buy more if it goes lower 😇

oil will go down make way for lower inflation

Overview Oil prices experienced a sharp rise on Thursday, climbing over 2% as Hurricane Francine led to significant production shutdowns in the Gulf of Mexico. However, despite this short-term disruption, concerns remain over weak global demand, particularly from China and the US, which have been weighing heavily on the market. This report delves into the impact of Hurricane Francine, ongoing concerns about demand, and what the future holds for oil prices. Impact of Hurricane Francine on Gulf Oil Production As Hurricane Francine tore through the oil-rich Gulf of Mexico, approximately 42% of the region’s oil output, or 730,000 barrels per day, was shut down. The resulting supply disruption caused both US West Texas Intermediate (WTI) and Brent crude prices to surge. WTI crude futures rose b

Overview Oil prices surged over 1% on Thursday as traders reacted to the disruptions caused by Hurricane Francine in the U.S. Gulf of Mexico. Brent crude rose by $1.01 to reach $71.62 per barrel, while U.S. West Texas Intermediate (WTI) crude increased by $1 to $68.31. However, despite the supply concerns stemming from the hurricane, a dim demand outlook continues to weigh heavily on the market, capping the recent price gains. Hurricane Francine’s Impact on U.S. Oil Production Hurricane Francine's landfall in southern Louisiana has led to significant disruptions in U.S. offshore oil production. Nearly 39% of oil and almost half of natural gas production in the Gulf of Mexico was offline as operators evacuated 171 production platforms and three rigs. This region accounts for about 15% of U.

Good for inflation data

Overview Global oil prices took a hit on Tuesday, with both Brent crude and West Texas Intermediate (WTI) crude futures plummeting to their lowest levels since 2021 and 2023, respectively. The sharp drop followed OPEC+ revising down its demand forecast for this year and 2025, overshadowing supply disruptions caused by Tropical Storm Francine. A combination of sluggish global economic growth, disappointing data from China, and oversupply concerns has caused significant downward pressure on prices, leading energy stocks to suffer substantial losses. OPEC+ Demand Forecast Cut Hits Oil Market The Organization of the Petroleum Exporting Countries (OPEC+) delivered a blow to the oil market on Tuesday by revising its global oil demand forecast for 2024. According to its monthly report, OPEC cut t

Whole street is bearish. This should at least means downside is limited.