Member Info for nomlungu

June WTI less than $10
Brent $18.50 spot

That must be hurting some...

How low can it go? Currently, $18.50.

I suggest you read the Mother Jones article below and consider spending £25 on an Oximeter as it may prove useful to you or a family member:

https://www.motherjones.com/kevin-drum/2020/04/heres-a-lifesaving-covid-19-test-that-costs-almost-nothing/

RED WARNING - TAKE NOTE

I suggest you read the Mother Jones article below and consider spending £25 on an Oximeter as it may prove useful to you or a family member:

https://www.motherjones.com/kevin-drum/2020/04/heres-a-lifesaving-covid-19-test-that-costs-almost-nothing/

C7,

As Vulpes are a significant shareholder they would be more likely to participate in the next cash call - if they did not participate it would be a red flag to some.

Some good news for oil pices:

'Federal law authorizes the Energy Department to set aside as much as 1 billion barrels of oil for emergencies, but the agency has only used about two thirds of that capacity with crude stashed in a complex of salt caverns along the Gulf Coast. That creates the opening for the new keep-it-in-the-ground approach to oil reserves.'

Trump's tweet has been taken positively by the market.

https://www.bloomberg.com/news/articles/2020-04-21/trump-pledges-funds-for-oil-industry-after-prices-plunge?srnd=premium-europe

https://twitter.com/realDonaldTrump/status/1252591306028785667

'Bog cheese' - I always thought there was a smell of ???? that accompanied some of the posts;

'Key workers' - great that they are excluded from the Covid-19 shutdown and the trials can continue unimpeded.

Pokerchips - well said.

Optimists remember:

When a ramper states that BP may be knocking at the door it may mean that their Blood Pressure (BP) is at Boiling Point (BP) and it is the Grim Repear knocking; coming to take away the losses.

I thought Iceberg Orders were made by lettuce washers when they needed more produce to clean in McDonalds?

Daily dose starting at 10pm UK time

https://youtu.be/wv5QIDTRtZY

Ikea have published their meatballs recipe:

https://www.insidehook.com/daily_brief/cooking/ikea-swedish-meatball-recipe

TSB have upped the daily cash machine withdrawal limit to £500 if your mattress needs stuffing (but the new plastic notes are a bit lumpy).

Surly the Yeti staggers when you ask it to run if you are feeding it neat Gin?

A bit weird after the VAL201 comments today - it has been announced that the founder of Radio Caroline has passed away.

Troajan,

Bag? It is called suit-casing when someone pays you take stuff away and then you manage to sell the stuff for more than the transporting and storing costs.

WTF _ Now you get paid to take WTI in May. Was at minus $35 a little while ago

https://www.marketwatch.com/investing/future/crude%20oil%20-%20electronic

COVID-19 U.S. employment shocks likely larger than Great Depression

https://santafe.edu/news-center/news/covid-19-us-employment-shocks-likely-larger-great-depression

Anything published by the Santa Fe Institute is worth reading...

'Wti oil nothing to do with ukog'

Eventually the price difference may make it worth shipping the oil from the US to European customers, especially if there is storage available in Europe and WTI prices turn negative (ie - people are paid to take the oil away). WTI prices will have some impact on Brent Crude prices.

I noticed a bit of buying and wondered why - an Investor Presentation has appeared on MAFL's website recently:

https://www.mineralandfinancial.com/wp-content/uploads/2020/03/MFI-Investor-Presentation-2Q-2020.pdf

Kayrros are one of the more important oil analytics companies. Their Blog (published on Medium) is worth reading / monitoring for updates:

https://medium.com/kayrros