Coalition of the Confused

Hosted by Jenifer (Zarknorph)

Confused malcontents swilling Chardonnay while awaiting the Zombie Apocalypse.

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GFC 2020   World Wide WTF?

Started Mar-13 by Jenifer (Zarknorph); 583 views.
Jenifer (Zarknorph)
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From: Jenifer (Zarknorph)

Mar-13

In reply toRe: msg 1
Jenifer (Zarknorph)
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From: Jenifer (Zarknorph)

Mar-17

In reply toRe: msg 2
Jenifer (Zarknorph)
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From: Jenifer (Zarknorph)

Mar-19

Di (amina046)

From: Di (amina046)

Mar-19

It has really hit all of us on every continent.

Jenifer (Zarknorph)
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From: Jenifer (Zarknorph)

Mar-26

In reply toRe: msg 5
Jenifer (Zarknorph)
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From: Jenifer (Zarknorph)

Apr-21

In reply toRe: msg 6
Jenifer (Zarknorph)
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From: Jenifer (Zarknorph)

Apr-21

BerrySteph

From: BerrySteph

Apr-21

Jenifer (Zarknorph) said:

The benchmark price for US crude plummeted to negative $US35.20 a barrel as traders sought to avoid owning crude with nowhere to store it.

I think its a non-story. One or two traders got themselves way over-exposed and were forced to pay big money to break their contracts.

But by this morning the scare had passed.

bml00

From: bml00

Apr-22

Bloomberg NOW prices are at an all time historical low with major storage depots unable to take in crude

BM

 

Index Units Price Change %Change Contract Time (EDT)
USD/bbl. 11.66 +0.09 +0.78% Jun 2020 8:26 AM
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Jenifer (Zarknorph)
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From: Jenifer (Zarknorph)

Apr-23

Australia is going to build stockpile housing, so we're getting some.

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