NexusFi: Find Your Edge


Home Menu

 





The CL Crude-analysis Thread


Discussion in Commodities

Updated
      Top Posters
    1. looks_one SMCJB with 694 posts (1,288 thanks)
    2. looks_two mfbreakout with 303 posts (479 thanks)
    3. looks_3 WilleeMac with 275 posts (218 thanks)
    4. looks_4 ron99 with 165 posts (262 thanks)
      Best Posters
    1. looks_one SMCJB with 1.9 thanks per post
    2. looks_two mfbreakout with 1.6 thanks per post
    3. looks_3 ron99 with 1.6 thanks per post
    4. looks_4 WilleeMac with 0.8 thanks per post
    1. trending_up 1,727,935 views
    2. thumb_up 3,588 thanks given
    3. group 291 followers
    1. forum 2,760 posts
    2. attach_file 659 attachments




 
Search this Thread
  #1571 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,241 since Dec 2013
Thanks Given: 4,584
Thanks Received: 10,523

Thanks @ron99. Very Interesting seeing in practice what you hear about on paper.


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
CME Group Fee Schedule Changes Hit All Four Exchanges -- …
Traders Hideout
US Navy Blockade of Hormuz Starts Today -- Oil Surges 8p …
Prediction Markets & Event Contracts
Iran Ceasefire Surges to 19.5% on US 15-Point Plan -- 82 …
Prediction Markets & Event Contracts
Topstep Slashes XFA Payout Caps by Up to 60% -- Flagship …
Funded Trading Evaluation Firms
Pakistan Mediator in Tehran as Hormuz Normalization Coll …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
22 thanks
2026 Jlab journal
10 thanks
Trying to learn Volume and price action correlation
8 thanks
Algo automated / semi-automated trading anyone?
6 thanks
Lady Vols Primer: Trading Volatility Journal
5 thanks
  #1572 (permalink)
 
WilleeMac's Avatar
 WilleeMac 
Prospect, KY. USA
 
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617

I'm such a dumbass - listening to John Bougearel at TST, /CL production freeze does not mean cut or increase. It appears the rest of the world does not seem to understand that.

Again, this coming weekend should prove to be interesting

-William


Follow me on X Reply With Quote
  #1573 (permalink)
 
WilleeMac's Avatar
 WilleeMac 
Prospect, KY. USA
 
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617


Investors on Edge Ahead of Oil Producers? Doha Meeting - WSJ



-William

EDIT

If you want to read the article cut and paste the below in Google search/ Firefox - it worked for me

Investors on Edge Ahead of Oil Producers’ Doha Meeting


Follow me on X Reply With Quote
Thanked by:
  #1574 (permalink)
 
CobblersAwls's Avatar
 CobblersAwls 
London, United Kingdom
 
Experience: Intermediate
Platform: N/A
Broker: Bloomberg
Trading: Energies
Posts: 310 since Jul 2014
Thanks Given: 1,089
Thanks Received: 386

Wondering what your thoughts are on this question, as more recently John Kemp has been pushing the idea. He has posted this image several times too:


Visit my NexusFi Trade Journal Reply With Quote
  #1575 (permalink)
 ron99 
Cleveland, OH
 
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,082 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785


Quoting 
A record number of rigs are drilling for oil and gas on the Arabian peninsula even as drilling in the rest of the world tumbles in response to low prices.

There were almost 290 rigs active in Saudi Arabia and the neighboring states of Kuwait, the United Arab Emirates and Oman in March, according to oilfield services company Baker Hughes.

The rig count has increased by 50 since oil prices started to fall in mid-2014 and has almost doubled over the last five years

Arabia sees record oil and gas drilling as rest of world slumps: Kemp | Reuters


Reply With Quote
  #1576 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,241 since Dec 2013
Thanks Given: 4,584
Thanks Received: 10,523


CobblersAwls View Post
Brent Contango near an end?

Given that the next 12 spreads still average 30c contango each I think the answer is no.
I dont trade Brent but would wonder whether the June loading program is smaller than usual/expected.


Reply With Quote
  #1577 (permalink)
 
WilleeMac's Avatar
 WilleeMac 
Prospect, KY. USA
 
Experience: None
Platform: Sierra Chart
Broker: Infinity
Trading: /CL
Posts: 687 since Jan 2012
Thanks Given: 309
Thanks Received: 617

@CobblersAwls @ron99 @SMCJB very good info thank you

-William


Follow me on X Reply With Quote
  #1578 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,241 since Dec 2013
Thanks Given: 4,584
Thanks Received: 10,523


CobblersAwls View Post
Brent Contango near an end?


SMCJB View Post
Given that the next 12 spreads still average 30c contango each I think the answer is no.
I dont trade Brent but would wonder whether the June loading program is smaller than usual/expected.

I asked two guys who trade Brent/WTI and both said North Sea Maintenance


Reply With Quote
Thanked by:
  #1579 (permalink)
 ron99 
Cleveland, OH
 
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,082 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785


Quoting 
Just to note last 2 OPEC meeting w/ no agreement resulted in a $7 (in 1 day) and $6 (in 2 days) drop respectively


Reply With Quote
Thanked by:
  #1580 (permalink)
 
vk79's Avatar
 vk79 
Michigan
 
Experience: Intermediate
Platform: Ninjatrader
Trading: NQ
Posts: 158 since Jun 2009
Thanks Given: 265
Thanks Received: 85


No Agreement on Oil Freeze at Doha Meeting, Officials Say

No Agreement on Oil Freeze at Doha Meeting, Officials Say - WSJ
https://www.cnbc.com/2016/04/17/doha-oil-producers-meeting-ends-without-an-agreement.html


Reply With Quote




Last Updated on February 18, 2026


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts