Was just wondering if its about that time to think about investing on crude oil?? Newbie on stocks n share markets, may be some share market gurus here to shed some lights....

stay away from Oil people. Oil is not coming back until they destroy Russia, Iran, Venezuela, Small Oil companies around the world, and Canada Pipe Line prospect.

After all the new oil investors are being robbed off the first world will switch to renewable energy and third world will be left to use up the remaining dirty fuel until they switch to renewable too. In 10 years first world should be out of fossil fuel and third world might join them in 20 years.

Rothschild have already devested from oil.

http://www.theguardian.com/environment/2014/sep/22/rockefeller-heirs-divest-fossil-fuels-climate-change

Al Gore said..carbon bubble is going to be bigger than housing bubble

http://blueandgreentomorrow.com/2013/11/01/al-gore-world-risks-creating-carbon-bubble-akin-to-financial-crisis/


After its all being said and done the more important question will be to ask "why the hell did people pay $150 per barrel for Oil" ? Saudis were pumping gas at $16 per barrel and they partnered with Bush family and USA to sell them for $150 per barrel.

http://www.eia.gov/tools/faqs/faq.cfm?id=367&t=6

All Other Countries – Average $9.95 $15.13 $25.08
Canada $12.69 $12.07 $24.76
Africa $10.31 $35.01 $45.32
Middle East $9.89 $6.99 $16.88
Central & South America $6.21 $20.43 $26.64

If the world was fair and Global prices were not manipulated by the big powers the OIL should have remained near $20 - $30 per barrel. They shot it all the way up to $150 and got themselves out of that investment. This is called distribution in stocks. You own majority of the stock, then you take it up by just selling it to yourself and then you distribute it to the herds at the top of the price and the herds are left with holding the bag forever.

Saudis, Bush Family, and USA has already cashed in their oil investment. Now they are invested in renewable energy and will convince the world to go into renewable once they hold all the renewable technology. The cycle never ends.

@sapdude. With knowledge like yours you should be in place of Warren Buffet or at least Bill Ross. But surviving as SAP dude in some consultancies and trolling in sajha. Lamo.

Time for starter positions in Oil Companies(BP,CVX) rather than in Oil itself(USO) for the longer haul(3-6) months for ~ 15-20 % gains. Stop losses of course at ~5%.

Oil by itself looks far too tempting for the longer haul but we dont want to be bottom chasers here. But it is indeed ready for a solid bounce for swing trades.

Not claiming to predict anything based on all the oil hype on the news or anything, lets leave that to the big money people, but just portraying my thought process.

Just my opinions. Not investment advice.

What say you guys?

Thank you Sap Dude & T logic, like I said I am a newbie and was just wondering !!

@Khaire....Trolling? how so? You call any post that you dont like Trolling?

Very Interesting. It's hard to tell what's really happening. Only the rich corporations and powerful politicians know. Rest of us are all left guessing.
Take a look at this.
http://www.theenergyreport.com/pub/na/angelos-damaskos-five-juniors-that-insulate-investors-from-todays-low-oil-prices
I might be wrong but demand of oil can never be less. The population of the world is increasing and oil (petroleum) isn't just used for driving vehicles and run factories. Carbon composites need petroleum. Hydrogen fuel cells for powering future EVs will likely be based on petroleum. Even small things like chapsticks need petroleum. Plastics are not going away anytime soon. And furthermore there have been spike in SUV sales last month. Think about how shallow minded most people are.
From what I personally believe, oil will rebound. Just like they manipulated the market to bring oil down from $110 to $45 within a couple of months, it's going to be the same story going up. But when, how, and at what cost (maybe another war) I have no idea. To me this looks like some sort of political and corporate game. If you are a novice investor, just watch for a few weeks at least on where it's headed. And then you can make decisions.