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The price of oil
The price of oil
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Replies: 95
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I know someone in oil and he's not doing well.
He's a sardine.  |
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Venezuela
Nigeria Both on cannibal watch The fat bastards in Kuwait will only be able to have 5 pizzas and 3 McDonald's a day now |
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The jocks independence plans gone for a Burton too
Wee Jimmie krankie will be soiling her granny pants |
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Some oil producing countries can wait it out others are gonna suffer greatly
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Scot Nats will be out clapping their thanks and gratitude to us for saving Scotland going bankrupt
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The Saudi and emirati people might have to work for the first time ever!
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Too bad Russia can wait it out.
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Incredible scenes!
https://markets.businessinsider.com/commodities/oil-price?type=wti Oil (WTI) Commodity -30.40 -48.52 (-267.77%) |
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Never good when oil has crashed usually means a war is coming
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no country can wait it out at this level
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China in the crosshairs imo, Sontar
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Hit ZERO Dollars per Barrel in the USA.
Oil Producers, effectively, PAYING Customers to take the Oil away - as they cannot store it. -------- Forecast in this article - TWO MONTHSA AGO .. Here’s Why Oil Could Be Headed to $0 By Chris Matthews February 24, 2016 6:51 PM GMT Here's What Falling Oil Prices Means for You - And the global economy You don’t need to be an economist to know that the oil market is bonkers these days. The price of oil has fallen roughly 70% over the past 18 months to a recent $32 a barrel, with many analysts believing the all-important commodity has further to fall. But could oil prices fall all the way to zero? Yup, at least according to one analysis. ----------- Sheikh Mo, Qatar and Saudi Arabia - not to mention PUTIN - beginning to brick it. |
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China are sadly maybe Iran though
But war with China means there's a draft coming and rationing |
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Not been a good few years for the Venezuelans
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Oil (WTI) Commodity
-37.45 -55.57 (-306.68%) |
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The thing is though we are way overdue a major war, the others since WW2 are not counted as major events
We are due a big one |
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Yup, something's afoot all right - and it ain't good.
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Man City fans best start looking for a new team to support.
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The virus is just not passing the test
Something else is brewing for sure, and Donald Trump is majorly p***ed with them |
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Russia/China/Iran?
Its going to wipe out half the planet if it happens Starvation as well will kill millions more after that That 500,000,000 goal would be on if this kicks off |
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So if you turn up at the petrol station tomorrow they give you £50 to fill your tank?
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at the last oil price crash in 2008 crisis ,they said it would be ok back to 100 dollars a barrel in no time, not many of those who said it will be alive to see that event happening,
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No one answered why June contract trading at 22. If oil companies are paying people to take away their oil, who is paying 22 dollars to the oil companies to take away that oil?
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Norway better have a rainy day fund.
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its middle men buying the contracts and getting stuck with it.
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We are at the mercy of a bunch of people now. Whoever they are. I should have joined illuminati when I had the chance.
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will the uk government feel ashamed/embarrassed charing high taces on a commodity that's basically free,
 ,they might start taxing fresh air next ,hope not with all the cars,planes grounded its very fresh at present |
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flights still super expensive
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kids on the ground always no 1st,saw 2 last night with a hose and jerrycan putting petrol back in to a car
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Some of you guys need to read up on how the oil futures market works
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A couple of weeks ago my local garage's diesel price went from 117.7p to 109.7p overnight. I filled up. It has remained at 109.7p since.
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No need to cry then was there.
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Tbh I had not realised we had already entered negative territory already,oil price long been a law unto itself but suspect the way its been traded over the years, sold whilst still in the ground and in transit has created the situation. Also so many pipelines all over the world no one really knows where its coming from or where its going, take Iran for example no doubt they will be pumping via other routes, they are all dodgy. As for petrol and oil, not really that linked imo, gas price also very ****, and that's a very big thread in itself although no doubt as events in the next potus race warms up we will find out some of the grubby details.Tbf to Scotland you can't really say they are oil centered, rather unique in that sense but yea oil is/was a big big part of their very ill thought out economic plan, you can thank little fat boy the oil economist for that. Anyway meanwhile back at the ranch.,how do oil futures work, a think that was the question Barrowboy, please explain...
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