/biz/ - Business & Finance

>>	Anonymous Mon Oct 23 19:01:53 2023 No.56443053 [View] File: 43 KB, 474x654, 1654285520672.jpg [View same] [iqdb] [saucenao] [google] Do i buy XOM or CVX here? Theyre basically twin giants now of the US oil industry.

Anonymous Sun Jun 5 19:46:30 2022 No.49391786 [View]
File: 43 KB, 474x654, 1654285520672.jpg [View same] [iqdb] [saucenao] [google]

>>49391733
QT is like the graph unlock. Everyone pretending its bullish but adding more supply is never bullish. The fed is gonna dump hard on you.
>>49391748
Yeah I know but a well took 30 days to drill back then and frac took another 30 days or so. So oil to market took several months. Now new oil will take a year to make an dent on price. If we get a recession this year (prob will) then yeah it could come down but this higher price is the new normal now that companies are done going full ape into shale drilling.

>>	Luiznon Fri Jun 3 19:45:20 2022 No.49351930 [View] File: 43 KB, 474x654, th-2802575714.jpg [View same] [iqdb] [saucenao] [google] OIL HOUR

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