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Apr 17 2020 05:03pm
Not sure any more, we are literally 3 good days away from 300 again. There is also no buying volume so you can’t even blame it on fomo buying. I got long term spy put (June) and short term spy call. I don’t even know what’s going on.

Remdesivir ???

This is old news lmao, we have known this for the last 2 weeks. What is this world
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Apr 20 2020 11:00am
Just looked at oil it's down 69% right now wtf
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Apr 20 2020 11:04am
Quote (Djunior @ 20 Apr 2020 19:00)
Just looked at oil it's down 69% right now wtf


10$ barrel is simply hilarious
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Apr 20 2020 11:12am
Quote (Saucisson6000 @ Apr 20 2020 07:04pm)
10$ barrel is simply hilarious


Yep apparently central banks cannot do anything against this, I wonder how that works. Could be that all available tankers are filled already and there's literally nowhere to go for that oil.
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Apr 20 2020 11:44am
I recommend we hold the olympics in Moscow, where one American dollar buys 1 gallon of crude oil. 2 gallons of oil. 4 gallons. 8 gallons. 28 gallons. I MUST GO

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Apr 20 2020 11:44am
Ok crude has completely crashed now, are those numbers for real ^^

I bet they simply can't shift that oil anymore, all capacity is filled up to the brim

This post was edited by Djunior on Apr 20 2020 11:46am
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Apr 20 2020 11:53am
Quote (Djunior @ 20 Apr 2020 19:44)
Ok crude has completely crashed now, are those numbers for real ^^

I bet they simply can't shift that oil anymore, all capacity is filled up to the brim


1.5€ barrel
The barrel itself cost more than the liquid inside.
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Apr 20 2020 12:07pm
Quote (Djunior @ Apr 20 2020 12:12pm)
Yep apparently central banks cannot do anything against this, I wonder how that works. Could be that all available tankers are filled already and there's literally nowhere to go for that oil.


In America we are a few weeks, or less, from having our storage capacity totally full. We have refineries that have to store excess oil in the pipes to the storage tanks because the tanks are over full.

Still, you can't shut down these facilities because they are designed to work constantly and shutting them down effectively ruins them.
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Apr 20 2020 12:10pm
Quote (Thor123422 @ Apr 20 2020 08:07pm)
In America we are a few weeks, or less, from having our storage capacity totally full. We have refineries that have to store excess oil in the pipes to the storage tanks because the tanks are over full.

Still, you can't shut down these facilities because they are designed to work constantly and shutting them down effectively ruins them.


Xd it's at 19 cents a barrel right now
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Apr 20 2020 12:12pm
Quote (Djunior @ Apr 20 2020 01:10pm)
Xd it's at 19 cents a barrel right now


I feel like it's my duty as an American to go for a 6 hour drive....
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