Member Info for kenniGT

Good thing is putin must be crying, no monies for bribes and mafia

If they are running out of storage, everyone else would surly be in this situation as well soon.

It is puzzling me as well.
What would you buy now if you need it? Brent or Crude?
Crude over 2x cheaper.

inside 11...

Wow, Crude oil 12.12$...

brent as well down to 25.8

lol already 12.7$

Crude Oil is almost into 12$

Crude Oil is going bananas as well today, 14$

http://www.livecharts.co.uk/MarketCharts/crude.php

'The ongoing crash in oil which OPEC+'s agreement to cut 9.7mmb/d in output last weekend has failed to halt, takes place as Crude prices in the US oil capital are getting dangerously close to zero. According to Bloomberg buyers bidding for crude in landlocked sections of Texas, ground zero of the shale revolution, are offering as little as $2 a barrel for some oil streams, a precipitous markdown from a month ago. And, as discussed here on various occasions, the plunging value of physical barrels is raising the possibility that Texas producers may soon have to pay customers to take crude off their hands.

Negative prices already hit more obscure corners of the North American oil market amid a bearish trifecta of collapsing demand, swelling supplies and limited storage capacity. AS we reported at the end of March, the first U.S. grade to bid under zero was a small landlocked crude stream known as Wyoming Asphalt Sour, which went for negative 19 cents a barrel last month.'
https://www.zerohedge.com/commodities/wti-crashes-19-year-low-trading-reopens-sp-futures-slide?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

OK, live price WTI also down. Why futures is up?

http://www.livecharts.co.uk/MarketCharts/crude.php

'Please note: the Crude Oil WTI contract rolled over on Apr 19, 2020 to the Jun 20 contract'
What does it mean?

https://uk.investing.com/commodities/crude-oil-streaming-chart

WTI up from 18 to 24.6 at open, and brent down 1.5%.
What has happen in US?

Brent is on levels from 26th of March since Wed morning. And going up and down in this range every couple hours.
WTI is lowest since crisis began today.

I moved my monies here, much safer than in oil industry.

WTI lowest since crisis strarted.

It is going up and down since 2 days, no idea what tomorrow will bring...

brent is like a jojo, it is fun to watch it how it fights to go up or down, like a good box fight ;)

24p sell was good one. Looks like we had good morning, and when US woke up, brent started to go down

If she knew something, she would buy yesterday afternoon ;]