Hot - Adam Montana Non-DV Posts - Wednesday - 4/03/2019

[ronscarpa]

4-3-2019   Newshound Guru Adam Montana    Just a quick note this morning, because I'm bubbling with excitement over the recent progress and feel compelled to get something up here. No, we don't have an HCL...and no, there has been no RV announcement.  But, boy howdy, talk about tracking! Iraq, the CBI, President Trump, and the Easter Bunny all have something in common: NONE of them are going to give us a specific "heads up" when Iraq is about to pull the trigger on a ReValuation of the Iraqi Dinar.  Our job here is to be informed, engaged, and prepared.    OIL is over my forecasted/predicted/anticipated mark of $60...(post 1 of 2)...
 

4-3-2019   Newshound Guru Adam Montana   ...the benchmark price I chose is WTI  [West Texas Intermediate], which is not necessarily "Iraqi Oil"...WTI is a commonly used price that can be used to reasonably gauge activity across various markets. Since actual daily Iraqi production and sales are not readily available, it makes sense to track another index or marker that has a more reliable report available.  As of this writing, oil (WTI) has surpassed $60 and is on a steady pace (slow and steady wins the race!) upwards. This isn't the only thing that matters, of course. The ReValuation (RV) of the Iraqi Dinar isn't hinged on any one item by any means! It is a culmination of many moving parts, and OIL is only one of them... but OIL is a big piece, and it's performing exactly as we we want...(post 2 of 2)...

 

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[ronscarpa]

https://oilprice.com/oil-price-charts/45

 

	Futures & Indexes	Last	Change	% Change	Last Updated
	WTI Crude	62.43	-0.03	-0.05%	(14 Minutes Delay)
	Brent Crude	69.31	-0.06	-0.09%	(58 Minutes Delay)
	Mars US	67.26	-0.42	-0.62%	(57 Minutes Delay)
	Opec Basket	68.83	+0.52	+0.76%	(1 Day Delay)
	Canadian Crude Index	51.87	+0.00	+0.00%	(19 Minutes Delay)
	DME Oman	67.73	+0.28	+0.42%	(1 Day Delay)
	Urals	67.70	+0.96	+1.44%	(17 Hours Delay)
	Mexican Basket	63.09	+0.59	+0.94%	(1 Day Delay)
	Indian Basket	66.53	-0.94	-1.39%	(6 Days Delay)
	Western Canadian Select	54.33	+0.94	+1.76%	(1 Hour Delay)
	Dubai	68.89	+1.96	+2.93%	(1 Day Delay)
	Brent Weighted Average	69.18	+0.55	+0.80%	(1 Day Delay)

	OPEC Members (Daily Pricing)	Last	Change	% Change	Last Updated
	Murban	69.66	+0.52	+0.75%	(1 Day Delay)
	Iran Heavy	61.64	+0.28	+0.46%	(1 Day Delay)
	Basra Light	70.88	+0.36	+0.51%	(1 Day Delay)
	Saharan Blend	69.27	+0.45	+0.65%	(1 Day Delay)
	Bonny Light	70.24	+0.58	+0.83%	(1 Day Delay)
	Girassol	69.97	+0.75	+1.08%	(1 Day Delay)
	Arab Light	70.22	+0.77	+1.11%	(17 Hours Delay)
	Zafiro	69.21	+0.62	+0.90%	(17 Hours Delay)
	Kuwait Export Blend	69.16	+0.60	+0.88%	(1 Day Delay)

LINK: Oil Price Charts

 

LINK: https://oilprice.com/oil-price-charts/45

Edited April 3, 2019 by ronscarpa

[ronscarpa]

Adam's Post is in the "Chat Logs" Forum....It was copied and posted in several locations outside of DV...!

RON

[Desertmedic2009]

Well if they want the “non” crap. I approve !