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re: Oil down to 17 dollars bbl
Posted on 4/20/20 at 11:42 am to GeauxFightingTigers1
Posted on 4/20/20 at 11:42 am to GeauxFightingTigers1
quote:Just to be clear, June is trading above $20. If oil is anything like gas, I'm guessing you try to get out on the 2nd to last day because the regulators look for any financial manipulation of the physical price on the final day.
$7 handle right now. Blood bath. Unless tariffs for a short spike, good chance for a 5 handle than zero.
Posted on 4/20/20 at 11:48 am to Big Scrub TX
quote:
Just to be clear, June is trading above $20. If oil is anything like gas, I'm guessing you try to get out on the 2nd to last day because the regulators look for any financial manipulation of the physical price on the final day.
Gotacha, now spot is hitting $5s, wow!
Update, 4 handle, some trading in low $4s.
This post was edited on 4/20/20 at 11:59 am
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