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Old 06-16-21, 10:32 AM   #331
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How to lose 4 Billion dollars in one day

https://www.msn.com/en-us/money/comp...?ocid=BingNews


Coca-Cola shares drop $4 billion after Cristiano Ronaldo's gesture to drink water


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Cristiano Ronaldo’s gesture for people to drink water instead of Coke at a Euro 2020 press conference may have cost the soda company $4 billion in market value.

Coca-Cola shares dropped from $56.17 to $55.22 after Ronaldo moved two Coke bottles out of view and picked up a bottle of water before Portugal’s match against Hungary on Monday.

Coca-Cola is one of the sponsors for the UEFA EURO 2020 tournament
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Old 10-25-21, 08:25 AM   #332
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Oil hit $85 a bbl....
https://finance.yahoo.com/quote/CL%3DF?p=CL%3DF

a year ago it was $37. Oil stocks, arise!
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Old 10-25-21, 08:42 AM   #333
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Ironically the Green Deal dreams that the elites proclaim will acchieve a booming of fossile fuels in the coming years, if not decades. Maybe not in Europe and/or the US - but everywhere else in the world. And maybe even in Europe, because renewables get demasked in their limited reach, and imminent needs dictate urgent alternatives.

In principle like the the crash-dive-the-boat-into-the-rocky-bottom!-show. It promises royal entertainment.

I just do not like that I am forced to be aboard while they deliberatelly wreck it.

I recently red something about California and how they must sometimes switch off electricity there - over the day, due to all their solar panels getting too hot on the day, and in the later afternoon and evening when the American sun shows its strange habit to drop below the horizon - which unfortunately coincides with that time of the 24 hour cycle when all the Tesla drivers have arrived home and plugged in their cars to charge them. The powergrid design seems to take this all a bit uncooperative.

In Germany they plan to have private wallmounts remote-controlled to not just switch off charging, but to suck car batteries empty when the grid outside runs dry. You get up in the morning, or even night, want to get to work, and find your car with an emty tank, so to speak. They already have lovely terminology for such things. For example they speak of "spike demand smoothing".


If I would go into stocks again, oil and gas would be high on my shopping list. Renewables not so much at all. But the amrket in generla is way too overheated, and since long time. Unpredictable to make any assessments of paper values, imo, maybe with the exception of entertainment, military equipment and weapons, and general food corporations.
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Old 01-26-22, 11:48 AM   #334
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Oil $87.50

Meanwhile, the air is out of the meme stock balloon.

GameStop and AMC Stocks Continue Their Meme-Trade Selloff
https://www.barrons.com/articles/gam...?siteid=yhoof2
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Old 02-04-22, 04:37 PM   #335
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Oil $91.91
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Old 03-01-22, 05:54 PM   #336
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Oil $107 bbl
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Old 03-02-22, 03:07 PM   #337
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Oil $112 bbl
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Old 03-04-22, 04:32 PM   #338
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Crude Oil
$115.35 BBl
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Old 03-07-22, 02:37 PM   #339
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Guess what?

Oil $135 bbl
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Old 03-10-22, 03:57 AM   #340
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Between $112 and $115 atm.

Quote:
Oil prices have plunged after the United Arab Emirates (UAE) said it supported increasing production.
https://www.bbc.co.uk/news/business-60680787
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Old 04-27-22, 08:59 AM   #341
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Down to $100, but with Russia cutting off Bulgaria and Poland from nat gas, wonder how this will affect the hydrocarbons market.

If Russia cuts off Europe, it's gonna go crazy.
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Old 04-27-22, 09:56 AM   #342
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Russia and Europe are in a bit of a catch 22 situation atm.

The EU have sanctioned Russia yet continue to fund their aggression through oil and gas sales whilst the Russians obviously would like to punish Europe in retaliation but need the income from said sales so will most likely continue to supply.

If someone like China for example offer to take the European quota then matters will take a pivotal turn one way or the other.
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Old 04-27-22, 10:09 AM   #343
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Quote:
Originally Posted by Onkel Neal View Post
Down to $100, but with Russia cutting off Bulgaria and Poland from nat gas, wonder how this will affect the hydrocarbons market.

If Russia cuts off Europe, it's gonna go crazy.
Russia dares not cut off his biggest buyers of gas, it will cut off smaller countries to try to divide Europe.

For Poland, it is no big deal they get gas from Norway by October, a pipeline is expected to be ready whereby Poland gets gas through Norway. Poland is also putting more effort into liquefied gas.

Bulgaria relies on Russian gas for 90 percent of its gas needs, but gas makes up a limited portion of Bulgarians' energy consumption. Coal, oil and nuclear power provide a much larger share.
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Old 04-27-22, 10:15 AM   #344
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I got my share of reasons to smile.
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Old 05-27-22, 03:01 PM   #345
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Oil passing $115 and never coming back down

Oil stocks are in the money, big time. Waited 6 years for this

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