Member Info for EmeraldCarrots

This "Far Ultraviolet C" light sounds interesting for use in planes. See near end of this article:-
https://www.bbc.com/future/article/20200327-can-you-kill-coronavirus-with-uv-light

While actual Brent has decended to $22.10. The World is awash with oil now and for the next few months at least so why on Earth would the price go up?
http://www.livecharts.co.uk/MarketCharts/brent.php

All_at_Sea.
I think it is plausible. Not for all of course but some people are desperate to visit their relatives etc..
Goggles and see through hood to protect face and neck from ultra violet light.
Gloves etc.. to cover any exposed skin.
Off you go. Not that much hastle really. Plus I would have thought you would be able to sit next to others. The hood would stop any sneezing/caughing spreading much. Anyone dong this could be given more space.
Would need to test intessity of light needed, but I doubt if ot would need to be as striong as tanning lamps.
Only think I can think of. Alternative is going bust I fear.

Aircraft interior flooded with untra violet light.
All passengers wear protective goggles and protection where skin exposed.
This is the sort on intensity that you use for fast tanning so not to be messed with.
You could sit next no others I think as light would kill visus in the air.
Plausible I think.
All IMHO.

I remember that one.
Good song and very good looking Yazz!

What if you are put into a sealed see through box of some description which has a seat and own air supply, on wheels?
Then you are wheeled onto the plane and the box is locked down for journey?
Not sure what you do if you need the lav mind!
Justa thought.

Biggin Hill? LOL!
Actually to be serious if your business is flying passengers in airplanes and countries won't allow you to take off, and even if they did no-one wants to fly anyway you are in about as much of the brown stuff as is possible. Business is impossible. Maybe if a quick test becomes available everyone could be tested before boarding? Trouble is you can test negative if you have caught the virus in the last few days as body has not had time to make antibodies. Maybe stay at hotel at airport for 2 days. test on arrival, test after 2 days???? We need a test that will show if you have the virus even if you have just caught it and that seems a tall order. Idea! What about space suit style outfit with own oxygen supply! Nah, a bit too mad. What about every passenger wears gas mask style respirator? Maybe not. What about using that oxygen supply over each seat to feed air to passengers. You sit down, then put clear plastic hood over your head........ maybe over head, chest and arms... zip to arm rests?? I feel so sorry for those who work in the airline industry. I really do.
All IMHO.

or worse.

Krakenoil.
Carrot - I think you are missing the point, China's oil demand is rising back to normal, Europe will soon be opening back up, flight numbers have already started to climb and Opec + will remove 20m barrels not 10m.
Opec are working to rebalance the market by the end of the year. We ain't going back to $10 brent.
======================
1. China is opening up as much as it dare. Not to the previous levels. I believe they will do what they can until we get a vaccine. Thus China will NOT be consuming anything like as much oil as it used to for the forseeable.
2. Europe opening up. Sam reply as the one above for China.
3. Flight numbers. What flight numbers? Airlines making tens of thousands redundant, many will go bust. Even if they are allowed to fly and they only have a third of passengers due to distancing from virus the cost to fly will rocket and frankly most people will not want to go oin a plane as they see it as dangerous.
4. If open remove 20m barrels (if) and the rest of the world removes 20m barrels (if) then IF that happens the oil supply will start to rebalance. How long we talking here?? I don't think we are talking weeks are we!!! Got to be in excess of 3 months and that would be going some.
Sorry but I can't see oil demand out pacing supply for months. Therefore I can only see Brent going down or staying the same possibly maybe. $20 Brent would not surprise me at all.
All IMHO.

longtrmthinker.
Just saw your post. Interesting reading. However as you can see from my post a few mins ago my view is we are in the brown stuff a lot deeper than the market thinks as far as oil price goes. Put simply there are now massive oil stocks that are getting bigger every day (they will continue to rise even after the cut IMHO) , oil consumption IMHO is NOT going to improve until we have a vaccine. Sure consumption of oil will go up slightly as countires partially re-open. But the World needs to go back to pre-virus consumption levels to have a chance of balancing the supply with demand. Oh and let's not forget the World economy is forcast to be a depression - just great! What will that do to oil demand?
Sorry to be negative but there is no good news for the World price of oil that I can see anywhere!
I think Brent is going back to $20 and if we are lucky it won't go any lower.
All IMHO.

Yes, what?
OPEC plus will cut production by 10m a day from May. Great, but the World is using 30m barrels a day less than it was. So the other 20m barrels a day are going to come from the price being so low it costs some companies more to get the oil than they can sell it for. All very well in the long run but as far as I can see we have several months at least of massive over supply, that has already been going on for a couple of months......... at least!
Countries opening up again. That has barely started and by the looks will take months. The virus IMHO frankly will start to spread again IMHO and then some countries will ge back into lockdown. We need a vaccine (6 months minimum) then mass production of same (I guess minimum 4 months minuimum), then 3 or 4 billion people need to be injected in the World! 66m people in the uk alone, so as I understand it 60% need to be immune to stop spread. How long does it take to inject 40 million people? 6 months? A year? 18 moinths? 2 years??? Best UK only scenario - 6 months vaccine, production 4 months, maybe, just maybe 6 months to inject 40m people (sounds too tight frankly). So 16 months and that if you think about it would be almost silly fast. To produce and inject 60% of World population??? Got to be in excess of 3 years..... maybe 5 years?
I really hope I am wrong but I see absolutely no reason for the World price of oil to go up. None whatsoever. Down a shed load, yes. $15........... $10??
All IMHO.

So sorry to be negative but logically I cannot see any reason oil consumption will be more than supply for

By all accounts the only thing keeping the price up is investors buying it to store in the hope that they can sell it for more in, what, a year???? If there was no demand for most things the price would plummet to stupid levels! Risky bet IMHO. What if the price goes $10, then takes 2 years to get back to $25????

that ain't going to happen again........... famous last words!!!!

3 billion injections......... around half the world population to stop it spreading I think.

Not for long IMHO. Nothing much has changed. The oil supply level won't be back to "normal" for sevral months, assuming the entire World goes back to work normally in the next few months!! ASSUMING!!!! We need a vaccine, then we need 3 billion people to get injected.................... Sorry but we have a while to go.........

I see. I seem to remember Brent was "low" when if was $45 !!!!!!!
It's $23.30 now FFS !!!

Correction!!! Not £, $$$
The massive glut is not going to be sucked up by a space ship anytime soon IMHO.
We all know most non shale co's need Brent MINIMUM $35........................

The massive glut is not going to be sucked up by a space ship anytime soon IMHO.
We all know most non shale co's need Brent MINIMUM £35........................

Happyinvestor100:-
https://arcm-premieroilscheme.com/arcm-confirms-it-will-appeal-premier-oil-schemes-of-arrangement/
ARCM are saying that even if management prevails at appeal, the schemes cannot become effective without a minimum equity raise of $350m.
Could someone please clarify whether ARCM are indeed correct? Why would PMO be required to raise $350m if not proceeding with the acquisitions? Thanks
=======================================
Well spotted. Obviously very important for share holders. Seems to say if the schemes of arrangement happen a minimum of $350 million would need to be raised. So placing, rights issue of bit of both I presume. In this environment I can't see any fund raising being a slam dunk. Dare I mention any placing may well be below the current sp (highly likely), and any rights issue would mean existing share holders would beed to invest more to maintain the value (called taking up you rights I believe). People may want to take professional advise on this as I am no expert by a long chalk. However if the $350m raise is needed then to me it looks like very bad news for the sp.
All IMHO. Do your own research on this one!!!

What bothers me is it looks like the price of Brent is more likely to stay as is, or go down than go up in the next several weeks now. Ignore the massive oil glut and very low price of oil if you want. I won't be happy until brent is at least $30. PMO them selves have repeatedly said they need $35, as we all know. $21.50 is not $35, or any where near it unless my maths is extremely bad! I think the recent rise back to nearly 30p is not going to last. I'm sure we will see 24p again, if not 20p.
All IMHO.