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Production customer called today and cancelled orders.
Posted on 4/20/20 at 10:37 pm
Posted on 4/20/20 at 10:37 pm
Said the refinery they send their oil to wants $18 per barrel to take it. Unreal
Posted on 4/20/20 at 10:45 pm to SOLA
Well baw, you had a nice run in oil and gas.
Might want to fire up the ole resume
Might want to fire up the ole resume
Posted on 4/20/20 at 10:55 pm to SOLA
Futures for June and July are already up over 20 a barrel
Posted on 4/20/20 at 11:23 pm to zippyputt
quote:
Futures for June and July are already up over 20 a barrel
They’ve never went below $20
Posted on 4/20/20 at 11:40 pm to Turbeauxdog
Futures for May were negative. My point was, the futures were higher than for the negative numbers we see now, so don't panic too much. Not good, but don't sell the farm yet.
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