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Oil up 5%


Manishican

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5 minutes ago, pakeer_saab said:

get ready for freedom and liberation for Saudi soon

antha easy kaadanukunta...in this geo political situation...

already saudi and iran is moving closer towards BRIC...many countries showing interest...Argentina, the United Arab Emirates, Algeria, Egypt, Bahrain and Indonesia, along with two nations from East Africa and one from West Africa..etc

world war groups are farming... may be like NATO vs BRICS...etc

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12 minutes ago, dasari4kntr said:

btw…is oil prices reduced in india..? after all india is buying oil for cheap  price from russia since a year..

I don’t think India is buying Russian oil for domestic purposes. They are actually reselling processed oils. 

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1 hour ago, Manishican said:

Opec cut production. Oil up. Inflation up. More interest rates hikes 

 

Full hiring in oil companies next month

many positions are not being filled but they don’t sponsor H1 most companies 

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1 minute ago, Android_Halwa said:

I don’t think India is buying Russian oil for domestic purposes. They are actually reselling processed oils. 

ohh…there is no use for common man then…

btw..they means who..? govt? or private vendors?

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50 minutes ago, dasari4kntr said:

antha easy kaadanukunta...in this geo political situation...

already saudi and iran is moving closer towards BRIC...many countries showing interest...Argentina, the United Arab Emirates, Algeria, Egypt, Bahrain and Indonesia, along with two nations from East Africa and one from West Africa..etc

world war groups are farming... may be like NATO vs BRICS...etc

I strongly believe Russia is offering nukes or security to Middle East. For the first time middle east countries are coming together to form a block. Until now they have been fighting each other backed by the US but now they have realized that it’s now the time to get together. 
 

oka 4-5 years back Putin offered some kind of energy deal to Saudis and Qataris which they did not push through but looks like something on that scale is now already happening. 

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I strongly feel glorious days of petro dollar is coming to an end. Will the gold standard become the new norm ? Or will opec trade in local currencies ?

Which ever way, I think the gold rally is about to start…

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13 minutes ago, dasari4kntr said:

ohh…there is no use for common man then…

btw..they means who..? govt? or private vendors?

Numbers are not really believable but looks like all the private refiners started reselling Russian oil. Early days Lo private refiners did not buy russian crude as they were cautious about western sanctions but later on almost every private refiner started buying Russian crude. Nayara Energy, which runs India’s second largest refinery is owned by Russian gas company RosNeft and others. 

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3 minutes ago, Android_Halwa said:

I strongly feel glorious days of petro dollar is coming to an end. Will the gold standard become the new norm ? Or will opec trade in local currencies ?

Which ever way, I think the gold rally is about to start…

yes..petro dollar may be coming to end...

but at this time...nothing is reliable...

cash is king is no more...huge forex wars are in beginning stage...

we dont know our gold is really gold..(or Tungsten)..availability of gold on earth very less...so...cant trust the circulated gold..

 

at this time...its not a matter of what we do or where we invest..its only matter...are we in winning side or loosing side...? (not by choosing...but being..)

 

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10 minutes ago, Android_Halwa said:

Numbers are not really believable but looks like all the private refiners started reselling Russian oil. Early days Lo private refiners did not buy russian crude as they were cautious about western sanctions but later on almost every private refiner started buying Russian crude. Nayara Energy, which runs India’s second largest refinery is owned by Russian gas company RosNeft and others. 

understood...

its not for common man in india...

our foreign policy is working for private sector...i got it...

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