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Oil Prices Crash 24 percents As Storage Fears Mount

Litwin

Litwin

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Oil prices look to be facing yet another harrowing Monday, with the price of WTI sliding by more than 20 percent in early morning trading.

Global oil storage is inching closer and closer to reaching its capacity, and worse, the problem is being exacerbated as more local governments across the world extending COVID-19 lockdown recommendations, weighing on crude demand.

According to Goldman Sachs, global oil storage could be completely full within the next three weeks, and another dramatic crash could follow.
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Oil Prices Crash 24% As Storage Fears Mount | OilPrice.com
Trump is calling to Pugabe almost everyday, can Trump not save his buddy and cuckold Vova Pugabe and his “a gas station masquerading as a country” ?
Oil prices have fallen to the lowest since 1991 level . With cost of “black gold” at 15-23 dollars per barrel, the USSR economy collapsed, and the sovok itself collapsed,
5e6b6a1215e9f97bca3a9dbb.jpg

and the "golden" horde ("russia") budget can only be fulfilled only with oil price at $ 42.4 and higher.

62751f743f49d132fb23f195e9ff6b8f.jpg
 
And Saudi Arabia isn't??? yet were allied with them
 
TypicalRussian said:
And Saudi Arabia isn't??? yet were allied with them
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Nigeria with snow don't worry about KSA, the mongols were the creators of Muscovite anti - western empire (ulus) , why its only one mongol monument in Muscovy (Elista) today ? when we see czar Juchi monuments in Moscow ? its very unfair and illogical
 
Litwin said:
Nigeria with snow don't worry about KSA, the mongols were the creators of Muscovite anti - western empire (ulus) , why its only one mongol monument in Muscovy (Elista) today ? when we see czar Juchi monuments in Moscow ? its very unfair and illogical
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that makes no sense
 
TypicalRussian said:
that makes no sense
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"Analysis: Asia finds Saudi crude much cheaper than Russian ESPO as Aramco launches price war "
https://www.spglobal.com/platts/en/...han-russian-espo-as-aramco-launches-price-war

With cost of “black gold” at 15-23 dollars per barrel, the USSR economy collapsed, and the sovok itself collapsed, and the "golden" horde ("russia") budget can only be fulfilled only with oil price at $ 42.4 and higher. with other world , goodbye juchi project :violin
 
Well, we'll have to wait a year or so to see how the low oil prices affect Russia.
 
Litwin said:
Nigeria with snow don't worry about KSA, the mongols were the creators of Muscovite anti - western empire (ulus) , why its only one mongol monument in Muscovy (Elista) today ? when we see czar Juchi monuments in Moscow ? its very unfair and illogical
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Why do you insist on lying?

Muscovy was the one that fought off the Tatar yoke. Why lie about that?

Ivan III the one that helped crush the Golden Horde. Why lie about that?

The only ulu is Mongolia. Why lie about that?

The only "Juchi" was the Golden Horde. Why lie about that?

Elista was never part of Muscovy. Why lie about that?

What "czar Juchi" monuments in Moscow? Juschi was dead long, long before Tsardom. Why lie about that?
 
Litwin said:
"Analysis: Asia finds Saudi crude much cheaper than Russian ESPO as Aramco launches price war "
https://www.spglobal.com/platts/en/...han-russian-espo-as-aramco-launches-price-war

With cost of “black gold” at 15-23 dollars per barrel, the USSR economy collapsed, and the sovok itself collapsed, and the "golden" horde ("russia") budget can only be fulfilled only with oil price at $ 42.4 and higher. with other world , goodbye juchi project :violin
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Where is "juchi project" on a modern map?
 
Fledermaus said:
EVIDENCE of that?

Putin Not Hiding in a Bunker During Coronavirus: Kremlin - The Moscow Times
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The article confirms that Putin is indeed hiding in his bunker AKA his residence where no one is allowed near him without being tested for the virus.

“The president is in his Novo-Ogaryovo residence outside Moscow where he lives and works [and] conducts all work events, mainly by video conference,” Peskov said.

Any cabinet ministers and banking executives he meets face-to-face are required to take coronavirus tests, he added.

“It’s obviously impossible to get a meeting with the president without proper testing. Those who do are tested in one way or another,” Peskov said.
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iguanaman said:
The article confirms that Putin is indeed hiding in his bunker AKA his residence where no one is allowed near him without being tested for the virus.
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And this differs from how easy it is for people who have not been tested to get access to Mr. Trump?

How?
 
Litwin said:
LONDON (Reuters) .... European gas markets are facing the prospect of also slipping into the red after a slump in demand and surging inventories pushed prices into low single digits.

https://www.debatepolitics.com/brea...as-european-demand-slumps.html#post1071936649
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I really don't know how I can express the breadth and width of my sorrow over the fact that "Big Oil" is faced with seeing its profits cut.

At least not without running afoul of the "Be Nice" rule.
 
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