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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (154642)3/18/2020 4:05:32 AM
From: sense  Read Replies (1) | Respond to of 218673
 
this Cr@p show could end in dynastic overthrow


Has to play a part in my effort in handicapping the oil market as far as timelines for change...


Others have noted April 22.... Russian referendum on the new Constitution... constrains Pootie Bear in how flexible he might be... More after, perhaps.


Over expecting, still, I think... that Russia and Saudi have "control"... All the price war did was accelerate awareness... not alter the dynamic... which is shifting from "control" by price setters to "control" by "what are we gonna do with all this crap" ?



I think right now people are only just becoming aware of the scale of disruption the virus causes... the oil surplus is going to have all the tankers filled by May... that's why DHT... rates ARE rising... and then in May... negative prices for oil... paying people to take it... ?



Smart ship owners will wait until May... then tell them... I'll take it off your hands, but... it'll cost you... load the boats for free...


U.S. a larger consumer... and impact here just starting ?