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Those two picked a bad time to make a glut, that’s for sure.
So anyone with a significant interest in oil will certainly become an ally of the ReOpen people.
Lots of new alliances will be made.
I wonder how many systems are breaking right now on that negative number.
@jon-nyc said in Oil Futures:
::insert "You divided by zero" meme here::
Seen on twitter
BREAKING - DUE TO THE RAPID CAPITULATION IN MAY 2020 OIL CONTRACT, OIL WILL NO LONGER BE QUOTED IN VOLUMES OF EXPENSIVE STEEL BARRELS BUT IN 42 GALLON GARBAGE BAGS
Of all ironies as the last cruise ship gets a port, supertankers take their place floating aimlessly in the ocean.
Who could have written that script 3 months ago?
USO (an oil ETF) is down 33% today, as of right now, at least.
Haha that is so good
Sooooo........should I buy Halliburton?
Is this just reflecting the surplus in supply, minimal demand, and no place to store the actual dinosaur juice?
@89th said in Oil Futures:
I should've. It's up 25% since I asked that question.
