#Oil #Gas #US
RBC Capital Markets Managing Director of Global Energy Strategy Michael Tran joins Yahoo Finance Live’s Brian Sozzi to discuss velocity in the oil market, the ban on U.S. imports of Russian oil, and the possibility of a recession.
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Glad Biden did it
Great video and some nice tips! This is a scary time for new investors but the best thing you can do is not to make decisions based on emotions. This could actually be a good time to buy more of your high conviction stocks or crypto on a discount. Wealth is created during bear markets, not bull markets. If your portfolio is really effecting your mental health then delete the app and go for a walk. Let the market do its thing and have a long time horizon. I buy and just trade long term more than ever, I have made over 19` btc from day trading with Yuxin Signals in few weeks this is one of the best medium to backup your assets incase it goes bearish
Yuxin Zhao daily signals has been so profitable..i am also looking forward to another successful month again.
I got to know her in California, she’s very professional and has your best interest at heart
We can all learn a thing or two from Yuxin Zhao, her profit making skills is phenomenon. Thanks to her I’m making more profit and getting rich.
I remember Yuxin calling out the wyckoff distribution long before the hype too. Great analysis from her always.
Great insights
Husa will explode soon
Oil companies are sitting on 9000 approved leases.
South Arabia for example but not RUSSIA
Hate to disagee, but oil is going to $150 max and then take a turn down to settle around 90$ give or take.
@Sachin – Yes agree!
@Sachin – right now I heard Saudi won’t talk to Biden – their mad at him for things he said about them!!!! Biden knows how to make friends and influence people!!
@Sachin JUST IN: Pentagon Announces They Will Not Support Transfer Fighter Jets To Ukraine From Poland
It already went way back down a few days ago though.
Sometimes I wonder if half of America is into some really kinky stuff and enjoys being punished and that’s why we put Democrats in office
Why does the US think it deserves discount gasoline relative to rest of world??
gas is over $6 cdn per us gallon already…even more in europe..US can quit whining 😭😭
exactly
@IC 680 better in what ?
Not the best healthcare, not the best education, not the best food, not the best art, no the best life expectancy, not the best language, not the best way of life, not the best cars, not the best autors, not the best travel destination. Ok, the highest GDP (but behind China in ppa and similar to whole Europe), the biggest army, an influencial soft power (music, hollywood, etc producing average mixed quality), and a large country (like China or Russia).
Drop the sanctions and buy oil from Venezuela, and drill more, buy a tiny car, don’t have so many kids, avoid debt.
Problem Solved!
Where’s my Nobel prizes in peace and economics?
Just saw that Biden is buying oil from Venezuela, Saudi, and Iran!! A woman on the news, didn’t catch her name, said that if Iran gets their Nuclear so be it!! Also just saw Biden is Blocking Meg’s gong to Ukraine!!! We are in very serious trouble people!! Biden wants oil from Iran and it could be that Iran told Biden if you give the Meg’s to Ukraine – you will get NO OIL!! Just a thought I had!! Biden doesn’t care if Iran goes Nuclear and that is probably in deal for Oil!!!
Re: Moderators!
Look for a new job, if you want to be BIASED! It’s NOT part of your job!
Regards –
no other country should support any ban on oil 🙂. only usa can print usd so has privileges and has own oil drilling facilities too.
what’s happening is usa want cake and have it too, they dont drill oil themselves and produce oil but keep sanctioning others who does and making it price go high and not even friendly with Saudis so no more producing high barrels either.. Other countries cant just print usd so shouldnt support this ban on oil from russia or even iran or Venezuela we need all the oil as we can if opec wants to act like a mafia they’re getting so much money because iran and Venezuela are banned from selling oil in dollars!
It’s almost like they are bought. Both Cnbc and Yahoo props stocks or commodities and directly afterwards we see extreme moves going opposite of what they say.
The fact that BTC continues to bleed is really scary, and traders are now wondering if this is the right time to invest… before you come to a conclusion, you should look at things first. In recent days, the price of BTC has been fluctuating, which means that the market is currently unstable and it is impossible to say whether it will go down or up. While others continue to trade without fear of losses, others are patient. It all depends on the pattern you are trading and also the source of your signals. I would say that trading is going smoothly for me, I started with 2.5 BTC and in just few weeks I have accumulated over 9.6 BTC, using the trading strategy from my coach George RussYou can reach George on ͲeIєɠɾαm👉Georgerux…
I have so much in the past trying to trade on my own.I’m glad I took a positive turn last year when I got in touch with George Russ through a colleague’s recommendation.I’ve recovered all I’ve lost from 2BTC to 3.9BTC now…
I know nothing about crypto trading or bitcoin trading itself,i only hold.Please How can i find George Russ.?
Thanks for sharing your knowledge and his info,I’m going to contact him right away..
Ahh yes, another BTC expert.
All govts, big corps will have own coins.
2022-03-09 US oil producing states do not want to allow Iran and Venezuela to put oil on the market. They want the highest oil prices possible. The US has destroyed 50% of Middle East oil production with endless Gulf and Middle East wars since the First Gulf War of 1991. We would not have these exceptionally high prices without the US led Middle East wars!!!
I hope it falls to $50 asap
You probably don’t want that. If WTI goes to $50 “soon”, it probably means there is a big resession and if you are a trucker, that means less freight to haul.
explode to 250 before going down to sub 100 and then .. recession
People who are betting on oil going higher than $130-ish which is what it hit earlier this week are just momentum chasers that are always ending up holding the bag for “investment” banks like RBC or Goldman.
Simple answer, stop seeking oil and gas from countries that are not friendly towards us. For national security reasons, we need to be energy independent once again. Get our energy from this land, and not foreign land. Our land is loaded with minerals, and with oil and gas. Why should we be dependent on other nations? Look at the mess that policy has led to. (Just sayin’)
This is easy to say, not so easy to do. Shareholders like it when the price of oil is high. Oil CEOs now have performance bonuses to return capital back to shareholders, and not to increase production. If production costs increase alot because of company drilling new wells, that means the shareholders are not getting their returns, so they sell their shares, and the CEO doesn’t get his/her bonus, or maybe even fired.
I heard that Biden is selling Alaska back to Russia so we can drill for oil again!
If you owned a business and the government just flipped a switch and shut down the economy and your business could not sell the products you produce anymore, why would you be in any hurry to start up production again when the government could easily name some new flu-rona variant and shut it all down again? There are consequences for pulling shenanigans and shutting down economies.
OIL COMPANIES DETERMINE THE OIL PRODUCTION AND GAS PRICES……PROFIT DRIVES THE OIL COMPANIES THE GOVERNMENT ISN’T STOPPING THEM…WHAT A JOKE
Don’t use the product.
Problem solved
Surging gas prices create record profits for oil industry. The oil industry, the American market is sitting on 9,000 unused drilling permits for the U.S Land region.
There is still plenty of room to the upside for oil and gas. Americans are still spending a rather low amount on energy as a percent of their total expenses vs 2008 for example. We would have to see $7 a gallon as an national average for there to be real energy cost pain.
People paying $5 for a tall starbucks coffee everyday and we complaining for gas prices….come on wake up people.