Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Can anyone tele me where is this London precious metals comapny they are buying ? cause I cant find it nowhere.
do they have a working product/website? or they will be developing it ?
https://lloydslist.maritimeintelligence.informa.com/LL1132087/The-week-in-charts-Oil-market-chaos-boosts-charter-rates-Dover-ferry-traffic-suffers
And this chart showing the price of charting over last 2 years
https://www.nat.bm/wp-content/uploads/2020/04/Weeklyfreightrates20200424pdf.pdf
And Good luck all with Tullow, but in this moment in time they are better risk reward investments which will be confirmed in next month earnings report. While in Tullow you dont know nothing
This is the CEO explaining what is goimg on with oil and why charter rates are 600 % up from january...
https://m.soundcloud.com/dnb_podcast/tanker-market-outlook-with-frontline-ceo-robert-hvide-macleod
Guys if you think it is gonna go up because they sold they best oild field for cheap... TOTAL is really happy go look at their press release . They basically purchased oil from this UGanda deal at 2 usd a barrel, and Tullow is saying great deal ... guys they sold their best field it is a looser now... I am jumping on oil tankers stock check NAT or FRONTLINE good ones, traders buy expiring oil contract on the cheap than rent a oil tanker fit in there 1 -2 milion barrels and sell it the next month where contracts are kuch higher
berniethe bike so fo you the oil that is in the ground is hedged ? or the one in the barrels lying in the backyard ? of course it is the one delivered to the refinery, where you get an invoice with the price sold than you go to insurer / broker with the invoice and than he pays the difference a month later....
1. the only oil hedged is the one that is delivered to refineries.
2. refineries run out of space to store, therefore they cannot buy the full load of producers already.
3. when the contract to purchase oil runs out at the end of the month they might or will not extend it, so they will will be no point of extracting oil if refneriy will not buy, -> fulll storage
4. you know I am right
OPEC's cuts may not be deep enough for oil producer Texland Petroleum, which operates 1,200 wells in the Permian Basin, the top U.S. oilfield. U.S. refiner and pipeline operator Phillips 66 (NYSE:PSX) asked President Jim Wilkes to reduce his deliveries by 15%, and another buyer canceled his contract outright.
"We've never had a time when we couldn't sell the oil we produce. And that's going to happen this time," said Wilkes.
Oil fields from Texas and New Mexico to Oklahoma and North Dakota are going quiet as drilling halts and tens of thousands of oil workers lose their livelihood. Fuel demand has plunged by as much as 30 million barrels per day (bpd) - or 30% - as efforts to fight the coronavirus pandemic have grounded aircraft, reduced vehicle usage and pushed economies worldwide toward recession.
"What scares me is not even being able to sell the product," the grizzled oil hand said from his firm's San Marcos, Texas, headquarters.
Refiners and other buyers are warning they may refuse his oil once contracts expire this month, he said. Or they may offer to buy at a price below his costs, so he is preparing to dip into retirement savings to pay employees, he said.
this looks good to buy for the times ahead
https://www.wisdomtree.eu/en-ie/products/ucits-etfs-unleveraged-etps/commodities/wisdomtree-physical-silver