Over 3 million barrels of oil will be lost by November, says Husseini Energy's Sadad Al Husseini

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  • Опубліковано 13 січ 2025

КОМЕНТАРІ • 124

  • @reecenichols7567
    @reecenichols7567 2 роки тому +183

    Discussions on economic and financial management should be given full attention especially in a recession like this but most people tend to shy away from them and end up haunting their future

    • @yannickhanf362
      @yannickhanf362 2 роки тому +3

      Diversification of streams of income in these recession days would be a great one too! Venture into passive income making investments with the right people

    • @dianaaudibert5745
      @dianaaudibert5745 2 роки тому

      @@yannickhanf362 I think you're right

    • @hansen1007
      @hansen1007 2 роки тому

      I've read about many people making huge returns from their crypto currency investment even as the fluctuations aren't favorable. It's not clear to me what I'm not doing right! Assets in my wallet keep dipping as the day goes by

    • @expert8717
      @expert8717 2 роки тому

      @@hansen1007 buying and stocking cryptocurrencies in your wallet doesn't guarantee making profits anymore. Venture into investing your crypto assets where your coin will be mined and make weekly returns

    • @Ethan-dz8cr
      @Ethan-dz8cr 2 роки тому

      @jonathan david you're right ! Even with the personal research, investigating into coins and watching UA-cam videos, the most profit I've made from crypto is trading through a professional

  • @salali2965
    @salali2965 2 роки тому +19

    Sadad is a very knowledgeable person. please bring him very often

    • @smb123211
      @smb123211 2 роки тому

      Even knowledgeable people get it wrong, as Sadad did this time (badly in fact).

    • @salali2965
      @salali2965 2 роки тому

      @@smb123211 he was expecting China to open up. It seems they are back to square zero with COVID. With OPEC+ looking for its interests, I would be bullish on oil.

    • @smb123211
      @smb123211 2 роки тому

      @@salali2965 Maybe in the short term but the world is leaving fossil fuels. You know the game is up when Mobil, Shell and Exxon invest billions in renewables.

  • @nguyentminh
    @nguyentminh 2 роки тому +10

    Please bring Husseini on CNBC more often.

  • @jimjackson4256
    @jimjackson4256 2 роки тому +9

    Let’s not forget carbon taxes for Canadians so Canadians can only look forward to higher prices courtesy of their govt.

    • @eradicator187
      @eradicator187 2 роки тому

      Canada has an amazing government. This is why they keep voting for them.

    • @JoseRivera-dt3wl
      @JoseRivera-dt3wl 2 роки тому

      Wym carbon taxes in canada????👀

  • @id10t98
    @id10t98 2 роки тому +5

    Wait, arent we out of oil now? I mean, they all told us 15 years ago that it was "Peak Oil" and everyone was running out of it, so what gives now?

    • @absolutelysobeast
      @absolutelysobeast 2 роки тому

      cars are getting more effecient, businesses and power generation have been switching to Liquified Natural Gas and things like LED light bulbs and electric vehicles have slowed the raging growth of fossil fuel usage that we had seen for decades in the worlds developed countries. On top of that things like fracking and shale oil have increased what we thought we once had. Oil will be around for the next 50 years easy, its not going anywhere

    • @ericdoheny9108
      @ericdoheny9108 2 роки тому

      I was an oil driller in North Dakota. "Peak oil" time-frames coincide with climate catastrophe LIES

    • @kerrigan.
      @kerrigan. 2 роки тому +1

      We are out of $40-60 barrels

  • @johnvaughn7278
    @johnvaughn7278 2 роки тому +7

    Go ahead and buy oil stock, folks.

  • @nickseccombe1357
    @nickseccombe1357 2 роки тому +5

    And the SPR coming off in Oct

  • @thomasbeslanovits9163
    @thomasbeslanovits9163 2 роки тому

    JUST BOUGHT ANOTHER $10K I WILL FOLLOW THIS UP ON EVERY 1 CENT MOVE THIS IS A $1 STOCK I FOLLOWED ENERGY STOCKS FOR 30 YEARS THIS IS A GRAND SLAM.

  • @silversurfer8237
    @silversurfer8237 2 роки тому +1

    USD 147 per bbl: when prices go that high, then the pressure will really be up......

  • @hannahbradley1584
    @hannahbradley1584 2 роки тому +97

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    • @eleanorarthur2651
      @eleanorarthur2651 2 роки тому

      Good one, working with her also helped accumulate up to 350k in my trading portfolio.

    • @richardwalker7574
      @richardwalker7574 2 роки тому

      I am a beginner and I am hoping to start with $93,000. I hope this is not too small to start with because my dream is to attain my financial goals within a short period of time.

    • @oliviablake2442
      @oliviablake2442 2 роки тому

      Sure you can start with that amount and even less. With a proper financial guidance, you can build a small amount to a larger sum.

    • @erichayes8477
      @erichayes8477 2 роки тому

      Seeing the name Karina Mattis made me stop to read your comment. I can attest to the fact that getting in touch with Ms. Karina during the pandemic was how I was able to scale through the crazy stock downtrend and this helped saved my finance

    • @charlottebecker3631
      @charlottebecker3631 2 роки тому

      I just looked up this person KARINA MATTIS out of curiosity, and surprisingly she seems proficient. I thought this was just some overrated BS, I appreciate this.

  • @Cwra1smith
    @Cwra1smith 2 роки тому +1

    Not to mention that we stop drawing 1 million barrels a day from the reserves in 70 days. Prices will have to go back up. If you own Pioneer (PXD) you get the best of both oil and natural gas and a nice dividend to boot.

    • @JM-xp8te
      @JM-xp8te 2 роки тому

      Traveling and vacations are low in the winter time.

    • @daveturner7958
      @daveturner7958 2 роки тому +1

      Shell sells both as well, along w/ a nice dividend

    • @ericdoheny9108
      @ericdoheny9108 2 роки тому

      @@JM-xp8te lol that's only one application. The Pentagon and home heating can easily overshadow "summer vacation use"

  • @lifeofsui3864
    @lifeofsui3864 2 роки тому +8

    I think people should be required when talking about Russian oil embargo to say "oil embargo" with giant air quotes….that will show the audience they recognize that while there is an embargo, 2 of the EUs largest economies along with 5 of the top 10 largest gdp countries are still buying it

  • @martingenet8799
    @martingenet8799 2 роки тому +1

    Santoli is awesome

  • @johnkennedywilliams640
    @johnkennedywilliams640 2 роки тому

    I'm new at this, please how can i reach your broker

  • @henrymarlinwy4656
    @henrymarlinwy4656 2 роки тому

    Everyone is shooting theirself in the foot whether for another country wether it's right or wrong.

  • @stephenbatton3933
    @stephenbatton3933 2 роки тому

    Good time to gain 💰 🤑

  • @brentdreisbach6829
    @brentdreisbach6829 2 роки тому

    Could it be possible, just maybe, that this guy is talking his book? Doesn't want oil prices to fall further. Go on CNBC to pump up demand for paper oil and oil stocks. 🤔

  • @Qichar
    @Qichar 2 роки тому +1

    The interviewer is right. Russian oil is going to make its way into the global market, especially with the European energy situation being what it is and China re-opening its economy. The world is one big market now, and those 3 million barrels of oil aren't "disappearing" like Sadad Al Husseini stated. This notion that oil prices are going to spike up wildly again is overly optimistic about the world economy, which remains in a recession and likely will continue to be at least through the end of 2022.

  • @sirsoos3546
    @sirsoos3546 2 роки тому

    Hopefully we can stop over-depending on these resources.

    • @jperello001
      @jperello001 2 роки тому

      sorry, but this is a pipe dream with our current "green" tech

    • @Cwra1smith
      @Cwra1smith 2 роки тому

      Only if we start building nuclear plants.

    • @absolutelysobeast
      @absolutelysobeast 2 роки тому +1

      Sir SooS you yourself are relying on the resource to watch and comment on this video. There is no escaping it. Every thing you do in your daily life relies on some form of fossil fuel. If you dont want to rely on it anymore, the world will look like it did in the 1700's

    • @sirsoos3546
      @sirsoos3546 2 роки тому

      @@absolutelysobeast The point is not to SOLELY rely on specific fossil fuels for EVERYTHING, when there are spaces where we can use alternative resources... why not?

  • @krist917gee7
    @krist917gee7 2 роки тому +1

    😂 This is what they not telling us all

  • @lattehour
    @lattehour 2 роки тому

    one must understand a single thing from 2023 russia will have a single option if it does not want it then sell it to china india on half the price

  • @fatmanslim4592
    @fatmanslim4592 2 роки тому

    to the fake bots that keep making stupid comments about making lots of money. How dumb do you think people are? and how rich do you think dumb people are?

  • @mycommentpwnz
    @mycommentpwnz 2 роки тому +4

    I HIGHLY doubt demand will be increasing in ANY of the major economies of the world within the next 9 months.
    A lot of major economic factors are on the precipice right now, many counterweights hang in the balance.
    Assuming an increase in demand is, to me, borderline crazy.

    • @xtctrader1467
      @xtctrader1467 2 роки тому +2

      I don't see it going down a whole lot either.

    • @mycommentpwnz
      @mycommentpwnz 2 роки тому

      @@xtctrader1467 You could be right, I just don't foresee any realistic environment in which demand seriously increases in the near-term.
      For me, demand will be determined by how bad the recession gets in the worlds biggest economies.
      China's recession is just getting started, and it's already pretty bad. Thousands of people are LITERALLY in the street, picketing/rioting about property values & insanely high mortgage rates.
      US Housing market (in many locations) is starting to show serious cracks in the foundation.
      Fed rate will continue to rise. This always reduces demand.
      If things remain as is, and don't get much worse, demand will stay about where it is. I agree with you there.

    • @absolutelysobeast
      @absolutelysobeast 2 роки тому +1

      @@mycommentpwnz so thats what he is saying in the interview. Its not that demand will go up, but that supply will reduce. Funny how we watch the same interview and end up with opposite interpretations. Deman may reduce slightly even over the next few months, but the supply will reduce more. Im long oil for the next 6 months for sure

    • @mycommentpwnz
      @mycommentpwnz 2 роки тому

      @@absolutelysobeast He literally says demand will be increasing in China substantially. A 1/6th or 1/7th increase in demand, in just a few months, is a gigantic increase in demand.

  • @JuanHernandez-vx2qx
    @JuanHernandez-vx2qx 2 роки тому

    Dekeno medega comunicarme con mifamilia ase 6 años bodega por miedo ake ponga fotos lo kemease donal trom

  • @acp7328
    @acp7328 2 роки тому

    I know it is a free market but why don’t we peg crude price to say $85/bbl? Like the old gold standard?

    • @thomasbale9007
      @thomasbale9007 2 роки тому +4

      because it is international highest bidder gets the oil. why would you sell the US oil at $85 when others are buying for $110. Limited supply unlimited demand price must go up or you get none sadly.

    • @Crunchifyable2
      @Crunchifyable2 2 роки тому

      @@thomasbale9007 the supply isn't limited, only the production. Demand is not permanent.

  • @guilhermegomes8916
    @guilhermegomes8916 2 роки тому +3

    Even with the current dip in crypto currency's, I'm still glad I can smile ☺️ back at my portfolio of $109,700 built from my weekly trade, I'm having my fourth withdrawal in 10 business days ☺️

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      @garvin4934 2 роки тому

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    • @chuckrennert5783
      @chuckrennert5783 2 роки тому +1

      Bitcoin is going to 0. Then the institutions will get in cheap. Jamie Diamond is not paying over 23k for a coin. The big boys always get in the cheapest so they can manipulate the market. Bitcoin will go to zero before it sees 70K again! Use your head!

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    @venduzimakanakie4302 2 роки тому

    I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.

  • @JoseRivera-dt3wl
    @JoseRivera-dt3wl 2 роки тому

    This sounds like a very "educated" way to basically say, HEY!!! Get ready bc were gonna extort you guys alot harder!!! Oh!! And not common courtesy for a reach around🤷‍♂️

  • @Val1414_
    @Val1414_ 2 роки тому +4

    Great video. you've remind me of what someone once said❤️ "The mind is the man, the poor is in it and the rich is it too". This sentence is the secret of most successful investors. I once attended a trading seminar and ever since then i been waxing strong financially, and i most tell you the truth...

  • @tracyrose8276
    @tracyrose8276 2 роки тому

    You invest with Mrs Liz Danica too? Wow that woman has been a blessing to me and my family.

  • @deepthoughts8767
    @deepthoughts8767 2 роки тому +1

    scam all of his face, trying to sell his crap ...

  • @JuanHernandez-vx2qx
    @JuanHernandez-vx2qx 2 роки тому

    Ayiesta la prueba pone tu noeres

  • @JuanHernandez-vx2qx
    @JuanHernandez-vx2qx 2 роки тому

    Que lesdige bodega ketenga el fesbook no quiere que mecomunike con mifamilia

  • @Neoalphaleo
    @Neoalphaleo 2 роки тому

    Why is he wearing a priests collar.

  • @simplej7409
    @simplej7409 2 роки тому +1

    OPEC production rules are going to determine the room for Russian production.
    This guy is assuming the stuff.

  • @angelarce6754
    @angelarce6754 2 роки тому +1

    The majestic shrimp genomically correct because april extremely shelter round a jealous wilderness. depressed, uppity pancake

  • @chrisrooney5136
    @chrisrooney5136 2 роки тому

    Mrs Danica changed my life because of the high profits I got from investing with her.

  • @brucec954
    @brucec954 2 роки тому +1

    Drive an EV and bypass the gas station forever

    • @elvism684
      @elvism684 2 роки тому +4

      Only to pull over at the electric station for 30+minutes

    • @brucec954
      @brucec954 2 роки тому +1

      @@elvism684 Or pull into my garage every night, spend 5 seconds plugging in, and coming out to a charged car everyday. Yeah, on the road it takes 20 minutes to charge but I usually need a break / eat anyway.

    • @martintop2605
      @martintop2605 2 роки тому +1

      The problems is even if you drive EV when the gas goes up all other prices are up bcs of the transport costs so you pay 50k for tesla to save 200-300 on gas per month but when the prices of all other are up you dont save nothing just pay 50k

    • @EvidenceHub8329
      @EvidenceHub8329 2 роки тому

      @@brucec954 Agree 👍. Who cares about those disenfranchised who don't have a garage, or even their own driveway. Let them eat cake 🍰🤣

    • @brucec954
      @brucec954 2 роки тому +1

      Your statement makes no sense - if you pay less for fuel, you pay less for fuel. Sure other prices are going up also but that is true either way and by reducing demand for gas, it takes pressure off of gas prices for everyone else, supply vs demand.