0.00Open0.00Pre Close0 Volume0 Open Interest38.50Strike Price0.00Turnover0.00%IV-23.78%PremiumJan 3, 2025Expiry Date12.01Intrinsic Value100Multiplier-1DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma4.24Leverage Ratio--Theta--Rho--Eff Leverage--Vega
Occidental Petroleum Stock Discussion
Oil prices fell around 3% in 2024, slipping for a 2nd straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and the U.S. and other non-OPEC producers pumped more crude into a well-supplied global market.
Brent crude futures on Tue, the last trading day of the year, settled up 0.88%, to USD74.64 a barrel. U.S. WTI crude settled up 1.03%, to USD71.72 a barrel....
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While overall oil demand remains stable, the structure of oil consumption in China is experiencing rapid changes. Recent data from a report by China National Petroleum Corp (CNPC) indicate that China's oil demand is nearing a turning point, highlighting the significant progress of China's green transformation.
China's oil de...
when Trump's president and oil production goes up 100 plus percent more than what it is and the US becomes a net exporter, oil prices will fall precipitously. down 50% within 12 months of January 20th is inauguration. profits for every oil company will drop significantly and their stock prices will also drop. it's not rocket science people it's history repeating itself.
and as was mentioned before even the goat can be wrong
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