RE: BB9 Sep 2018 15:19
Review of data, the market is a volatile place, grades good or bad can have a massive fluctuation on the SP.
Its my view that there has been a mass of oil removed in those tankers, its a guessing game how much. However its not a case of saying we have has x amount in y amount of tankers.
There is a lot more to number crunching than counting barrels they need to calculated average flow, estimated reserves, quality of oil, refinery costs etc etc
However what is a positive is how confident DLG is, a lot don't like the guy but he for one will be very interested in these calculations arriving and I wouldn't be suppressed if he isnt getting a heads up that everything is looking well. Been well over a week my thoughts would be on news flow anything from 7-14 days so from any time next week onwards. GLA