Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iraqi government advisor: The world's oil between buyers and insurgents market

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269106
    Join date : 2012-12-21
    • Post n°1

    Iraqi government advisor: The world's oil between buyers and insurgents market Empty Iraqi government advisor: The world's oil between buyers and insurgents market

    Post by Rocky Tue 21 Apr 2020, 6:21 am


    [size=35][size=35]Iraqi government advisor: The world's oil between buyers and insurgents market
    [You must be registered and logged in to see this link.]

    Economie

    [You must be registered and logged in to see this link.]
    2020-04-21 | 05:34
    [You must be registered and logged in to see this image.]



    [/size]



    1,192 views


    [size=18]The Prime Minister's Adviser on Economic Affairs considered the appearance of Mohamed Saleh that the world's oil had become a market for buyers and rebels.


    Saleh said in his analytical vision through an article that Alsumaria News received, a copy of it, that the American market has played a dual role in recent years as an oligopoly sellers and monosopeny buyers market at the same time, especially during the past ten years gradually, as the United States consumes about 19 million barrels of oil per day It represents 19% of the world's production alone and is the largest consumer of oil in the world.







    It is one of the largest producers of oil in the world, with a production capacity of about 13 million barrels, whether of shale or conventional oil.

    After the US oil production of 13 million barrels per day, as we mentioned, contributed to the shift to a net buyers market in parallel with the rebel sellers market, which is the Kingdom of Saudi Arabia, in flooding the market with approximately 12 million barrels per day, the entire world of oil entered into a fatal price war and then turned the oil market to Depression until breaking point.    [/size]
    [/size]


    The availability of speculators surplus oil supply, which is about 300 million barrels, to the collapse of the oil market, which is consistent with the transformation of the American market into a buyers market in the leadership of the oil market in the world. The price war constitutes the collapse of OPEC's strength as a sellers market and the victory of the US-led buyers market.

    Therefore, there are two chances of victory. The first is that the low demand for world oil, which is 30% less than the current supply, and the second is an additional surplus of 300 million barrels capacity in the futures market, as this market formed the symbolic or forward oil camp that led the night’s collapse through The future of the oil futures market, as all speculators turned at once to the short position, i.e. sell soon for futures contracts with the hope of cheaper purchase of the contracts themselves, but at a low point without the lowest break-even point in the world, which led to the collapse of the oil market completely.
    The final buyer of the oversupply is the United States market, which seized, collapsed, and transformed collapsed future oil contracts into an immediate market. And speculative oil companies in the United States have the ability to receive the oversupply and liquidate their contracts towards storage capacities that are the largest in the world in order for the future market to shift to centers. The long position after that melting point or the breaking point above.

    In conclusion, it is the opportunity of the last winner who reaped the losses of the entire world. The winner is the speculators who possess crude oil stocks in the United States of America, and according to a strategy, the oil market will remain a buyers market forever.


    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sun 28 Apr 2024, 9:48 am