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Major Site Upgrade in Progress |
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| Where will Crude Oil be by Sept 30th 2006 |
| Above $75 |
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17% |
[ 5 ] |
| $70-$75 |
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28% |
[ 8 ] |
| $60-$69 |
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17% |
[ 5 ] |
| $50-$59 |
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10% |
[ 3 ] |
| Below $50 |
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25% |
[ 7 ] |
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| Total Votes : 28 |
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cardjunkie
Professional Investor
Joined: 24 Jul 2004
Posts: 311
Cash Points ££ 2248.20
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 Posted: Wed Feb 22, 2006 7:28 pm Post subject: Where will Crude oil go next ? by Sept 30th 2006 ? |
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Where do I think oil will go next ?
I think its had a good run and is due a correction to below $50, probably by August this year
so where do you think crude will go next say by Sept 30th this year ?
Presently trading at $61. |
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Guest
Cash Points ££ 15.00
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| Posted: Wed Feb 22, 2006 7:31 pm Post subject: |
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Yes, I can imagine the oil stocks will be a good buy if crude falls below $50  |
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Wade
Saving Enthusiast
Joined: 17 Feb 2005
Posts: 185
Cash Points ££ 2569.94
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| Posted: Thu Feb 23, 2006 12:26 am Post subject: |
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What about war with iran ?
I don't think thats factored into prices at all ! We could easily see crude above $75 on any hint of a strike against Iran. |
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kreampie
Beginning Saver
Joined: 27 Feb 2006
Posts: 27
Cash Points ££ 293.00
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| Posted: Mon Feb 27, 2006 1:42 am Post subject: |
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| Whats a good oil company to invest in ? |
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Shezz
Beginning Saver
Joined: 08 Mar 2005
Posts: 45
Cash Points ££ 348.80
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| Posted: Sun Mar 05, 2006 12:13 am Post subject: |
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| Seems to be drifting, I think a lot of new wells are coming on stream given the high prices. |
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fireboy
Saving Enthusiast
Joined: 18 Oct 2004
Posts: 134
Cash Points ££ 459.94
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| Posted: Sun Mar 05, 2006 5:20 am Post subject: |
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| I agree, crude, the same as oil companies has had its run, its going to go for much lower prices for the forseable future i.e. rest of 2006 ! |
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Quinn
Saving Enthusiast
Joined: 06 Feb 2005
Posts: 181
Cash Points ££ 2817.02
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| Posted: Tue Apr 18, 2006 3:48 am Post subject: |
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| Well, if anything happens against iran over the nuclear problem then you will see oil much higher than the current $69, could easily go over $80, even if its relatively mild what the americans do to iran. |
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cardjunkie
Professional Investor
Joined: 24 Jul 2004
Posts: 311
Cash Points ££ 2248.20
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| Posted: Mon Apr 24, 2006 1:19 pm Post subject: |
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Its now at $75 
$80 is not so far away now, watch out for the surge above $80 ! |
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Sarah
Money Manager
Joined: 16 Jul 2004
Posts: 831
Cash Points ££ 12024.38
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| Posted: Mon May 15, 2006 1:34 pm Post subject: |
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| cardjunkie wrote: | Its now at $75
$80 is not so far away now, watch out for the surge above $80 ! |
With the way the markets are ALL declining today, we may see $60 by Sept rather than $80  |
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