Member Info for laidback

All countries will impose two week quarantine for foreign travellers. Basically no one will be travelling for a long long time.

That means planes grounded for a long long time

https://oilprice.com/Energy/Energy-General/This-Oil-Price-Rebound-Is-Only-Temporary.html

https://www.cnbc.com/2020/04/24/oil-prices-could-remain-under-pressure-according-to-satellite-imagery-analysis.html

Where's oil price heading ?

Below $20 soon

$22.66

Going back down !

There's no takeover

Oil price is sliding

$20.86

Sp falling now

Be careful

$21.19

$21.28

Now falling !

This article is saying WORLD WIDE storage for oil will be full next month

That means oil prices will collapse again - Arabs won't be able to give their oil away for free. Very rough few weeks/ months ahead.

Eventually demand will start to return .... maybe in 2021

$21.66

Down day Monday I think

It is worrying !!

That's what Golden Sacks are saying

First Cushing (US) storage to be full, then world storage.

Lockdowns are very limited. Social distancing to remain till end of year says reptilian Chief Medicine Man and he knows what he talking about !!

Brent will be diving next few weeks imo

Be careful !

22.54 GBX -3.22 (12.50%)

22.87 GBX -2.89 (11.23%)

22.93 GBX -2.83 (10.99%)

22.97 GBX -2.79 (10.81%)

GET OUT !!

Oil will dive again imo