Seeking Alpha

annyone » Comments » OIL

  • Oil: A Slippery Slope Ahead? [View article]
    "Basically, if you sell 100 barrels of oil at $50, you make $5,000, and if you sell 50 barrels at $80, you only walk away with $4,000."

    50% reduction in consumption WOW!!

    most dire state reduction in oil consumtion worldwide is still less that 10% but for argument sake even with 10% reduction at $80 revenue would still be 90*80=7200

    Dec 02 13:02 pm |Rating: +1 0 |Link to Comment
  • Oil Price Speculation Truth Begins to Leak into Mainstream Media  [View article]
    BS.....look at your point # 2 do you even understand basic difference in wholesale and retail market, you sure heard of FUTURE but nave no clue whats its about...
    Sep 23 08:15 am |Rating: 0 0 |Link to Comment
More on OIL by annyone
Comments by Ticker
annyone's
Comments Stats
7 comments
Rating: 1 (1 is - 0 )