Member Info for NICODEMUS63

Morning all.

I keep seen a few mentions of the fact that the oil we are selling is priced at Brent -$9.

Does that mean that either

a. We are selling Brent crude and the $-9 represents notional overheads of one kind or another
b. We are selling a grade of oil that trades at a $9 discount to Brent

If b. I'm presuming our oil isn't included in the 200 or so grades for which there are published prices on the market otherwise we would be seeing it referred to by name, Urals, EPSO etc.

Agree with Parkez- I've sold all other shares PMO, CHAR and got everything in BLOE

To quote Andrew Carnegie, who happened to be the richest man in the world at the time- 'put all your eggs in one basket and watch the basket'