Guys, WTI is up in the 36s already. We need to talk about this
The squeeze continues... what are you holding or selling?
>>1129061
Brent could break 40. Sell tomorrow or hold?
>>1129061
I want to get in on SJT or BPT with perhaps some minor amount in ROYT
But I need a passport to buy US shares since I'm Australian and I don't have a passport so that might take a while. Hopefully the price goes down a bit again by the time I get that sorted.
>>1129079
Could you buy any Canadian companies quicker?
There's a lot of oil companies listed on the Toronto exchange.
>>1129089
I assume the passport requirement would still apply tbqh.
>>1129079
Theres no Aussie exchange? I thought there was
>>1129114
I don't understand you're question. Yes there's an Australian exchange, but that doesn't help when I want to buy NYSE listed entities does it?
>>1129118
No of course not, but there are Australian energy companies, no? Crude is a global commodity
>>1129120
Australia doesn't produce much oil. They mostly just import stuff from arabs.
>>1129123
I see. They are big nat gas exporters, right? Is there a parity with gas and oil stocks there like there is in U.S. markets?
>>1129130
We export a lot of coal and iron
>>1129131
Ok I knew BTU owned assets there didnt know about the iron. Is the company doing the liquid natural gas exports publicly traded?
>>1129139
Probably, I don't want to buy a company though I'm looking for royalty trusts :)
>tfw UWTI
Fuck fundamentals
Brent cleared 40
Squeeze is back on
http://www.bloomberg.com/news/articles/2016-03-07/specter-of-20-oil-recedes-as-speculators-flee-bearish-bets
