Member Info for EmeraldCarrots

the World! Not real.

means spectacular gains for oil Co's tomorrow morning!
All IMHO.

The tradingview chart for WTI has frozen with WTI @ $27.68. I believe the real price now is more like $26.16c, UP 26%. Yes 26%.
Looks like some software can't handle the market swings we are having. LOL!!!

Was it a Woman?

moving up or down! Bug? hacked? Please be real! Brent is still @ $25.30 but that chart is moving!!
Anyone?

who are already infected about 99% will be ok, thus improving the herd immunity and making it harder for the virus to spread.

down to $11. Really. No kidding. Have a look. So Saudi & Russia's argument could really totally destroy their economies and frankly right at the moment I hope that is what happens. Bye!!!
All IMHO.

shale, Russia and Saudi and start from afresh. I won't go bust if oil hits once cent a barrel. They will.

.

Bank branches, Building society branches, supermarkets, hair dressers, nail whatever the word is, post offices!!!

then annound everything is on hold, or maybe nearly all of it.
So if this happens where will the sp go? With re-arranged financing and the purchase of the BP assets on hold (plus maybe the Dana one) the uncertainty of what the board could have done (go ahead and buy the BP assets in this climate!!!) may push the sp substancially North. 25-30p? Any views?
All IMHO.

how you get used to these massive swings. A few months back the DOW up 5.2% would have been big news.

let's work it out! PMO produce around 75,000 b.o.p.d.
3.5 months is about 105 days. 105 x 75,000 = 7,875,000 barrels of oil over the 3.5 months.
37% of 7,875,000 is 2,913,750 barrels.
2,913,750 x $35.20 = $102,564,000. Over $100 million. Yikes!!!
get the tissues!!!!

oil production. Which ever hedge fund/s did that deal will be in tears I should think. Brent is $28.80. So they are reimbursing PMO $35.20c per Barrel. Yikes!!! It's brown trousers time!!!!

TarthDrader.
That is what they tell their public.
But from what I have read that is simply a lie. Public spending will be reduced drastically and if it goes on long enough even Saudi could go bust. It was heading that way last time from what I have read. Trouble is they need a massive income to pay the huge bills the Government need to pay. It is well documented that the last time oil went this low both Saudi and Russia were close to getting into real financial difficulty.
All IMHO.

Brent falling from $60 on 20th Feb down to $29 on 17th March were pretty slim. So about 50% drop in 4 weeks. Absolutey insane.

heardy. I should think all the other OPEC members want a meeting! Saudi and Russia seem to be too busy telling everyone how good their finances are with oil at these levels. Judging by the various articles I have read about Saudi needing $75 a barrel and Russia needing $40 unless there is a massive conspiracy in the International media which seems a tad unlikely they ar both telling massive porky pies. Maybe they will wake up at some point and realise no-one believes them!
All IMHO.

cases charts as we now have little idea how many cases there are having stopped trying to find out. I'm going to shove my head in a sand pit and pretend everything is ok. Maybe we should all get drunk for a few months?

It begs the question is this some sort of competitin to see who can tell the biggest lie.
Both Saudi and Russia suffered badly last time prices fell this low.
They are not fooling anyone. Pathetic.
All IMHO.

? Mad? Airlines going "down the pan soon". We NEED beds with oxygen supply......... All passenger aircraft have this built in. So park up the planes, take out the bolted on seats, put in some sort of curtains to separate the patients and then wheel them in. Sounds mad, but all things considered (including airplanes having no-where to fly, even if they had any passengers so they are terminal cases) this would work.
All IMHO.