Re: Loan last year
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Message: Loan last year
Well I hope DG is right because we are nearing 60 $ oil price.
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Oil is realy diving very fast if we look to the bigger chart.Was it now Friday the Opec has its meeting? Oil needs some news to stop this downside but if Opec will succeed that's the question.
So at 60 we have some support from earlier but then 50 is next.If we look the dive is very rapidly To me to stop this a strong hint from Opec is needed but they have not such a good reputation to hold at their predictions.Now that Q3 earnings come out the CEO's give even a more gloomy outlook for Q4 #.
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