Message from @blanc
Discord ID: 701793390618083328
I'm still net loss on ICD
and reconsolidate after holding cash for a while
as a hedge
once you are
it's coming
how the fuck did the oil price go negative in some websites
i cant even process it
we ran out of space to store it
9 days ago
That... makes sense
Fuck, i feel like an idiot. I debated a few hours ago and
I insisted it was subsidies and gov intervention
that too
> it's coming
@Blaqk the candle, or the crash?
and foreign output, foreign intervention
total demand output cuts
it's a multivariant
both alpha
multiple times each
I 'member when Trump said something about negotiating with foreigner countries to raise oil prices and everyone jumped on him
and trump got it done, asia gets discount oil prices, we get raised prices
from saudis at least
russia among other OPEC/non-OPEC are cutting output
You know, it is unfortunate most of world's oil is not in private hands, and the inefficiency natural of a gov is counteracted by slave labor.
now domestic output will rise with the lockdowns expiring
Yeah. Demand is extremely low so
Supply must he reduced cause the King of Saudi doesn't have a magic hand and needs to be told like a nig
patient hands with a bit of objective forethought will make money, as always
NBR up 4%
DNR is up 8% including premarket
NBR up 9%
11%
13%
14%