OV9

Oil is now trading in negative numbers.

It’s all nonsense though isn’t it

Simon wrote: Mon Apr 20, 2020 8:24 pm Oil is now trading in negative numbers.

I could be wrong, but I think they’re actually referring to oil futures, not the current spot price.

It’s for WTI - see the intraday chart
https://markets.businessinsider.com/co ... e?type=wti
US crude otherwise hovering around 20 still.

I’ll take some off their hands.

Wonderful to see that our government has arranged to get PPE from those delightful dictatorships, Turkey and Myanmar

NotoriousREV wrote: Mon Apr 20, 2020 8:35 pm

Simon wrote: Mon Apr 20, 2020 8:24 pm Oil is now trading in negative numbers.

I could be wrong, but I think they’re actually referring to oil futures, not the current spot price.

Correct.

However it’s still utterly brutal!

Foz wrote: Mon Apr 20, 2020 9:39 pm

NotoriousREV wrote: Mon Apr 20, 2020 8:35 pm

Simon wrote: Mon Apr 20, 2020 8:24 pm Oil is now trading in negative numbers.

I could be wrong, but I think they’re actually referring to oil futures, not the current spot price.

Correct.

However it’s still utterly brutal!

I don’t suppose you have access to a spare million gallon oil tank, do you?

its full

Bins have just been emptied. That's 12-14 four pint bottles gone (collections have been missed for quite a while). I should have saved them and sold the storage capacity on the open market!

Main news saying deaths up significantly in April..

Foz wrote: Tue Apr 21, 2020 11:31 am Main news saying deaths up significantly in April..

Are they quoting total death figures yet?

Beany wrote: Tue Apr 21, 2020 11:39 am For the devoid of Google Skillz

Quite a rise of late then. Good to see they are looking at it this way at last. Makes it more real for people.

Broccers wrote: Tue Apr 21, 2020 12:11 pm

Beany wrote: Tue Apr 21, 2020 11:39 am For the devoid of Google Skillz

Quite a rise of late then. Good to see they are looking at it this way at last. Makes it more real for people.

The obvious danger of that sort of reporting is people will just fob it off aS not being any worse that a flu outbreak 20 years ago.

Rich B wrote: Tue Apr 21, 2020 12:53 pm

Broccers wrote: Tue Apr 21, 2020 12:11 pm

Beany wrote: Tue Apr 21, 2020 11:39 am For the devoid of Google Skillz

Quite a rise of late then. Good to see they are looking at it this way at last. Makes it more real for people.

The obvious danger of that sort of reporting is people will just fob it off aS not being any worse that a flu outbreak 20 years ago.

Agree mate but we can't live like this for much longer

Broccers wrote: Tue Apr 21, 2020 1:02 pm

Rich B wrote: Tue Apr 21, 2020 12:53 pm

Broccers wrote: Tue Apr 21, 2020 12:11 pm

Quite a rise of late then. Good to see they are looking at it this way at last. Makes it more real for people.

The obvious danger of that sort of reporting is people will just fob it off aS not being any worse that a flu outbreak 20 years ago.

Agree mate but we can't live like this for much longer

The silly thing with this argument is that if we don’t stick with it now until we’re sure we have a handle on it, we’re just increasing the likelihood that we’ll have to do it again.

What really surprises me is how little time many companies can weather a problem like this.

I would have thought any reasonable company could handle a problem like this for 3 months or so but they just can’t. Is this an example of how bad companies are run or how little they earn in percentage terms compared to their profits ?

Dave!

ZedLeg wrote: Tue Apr 21, 2020 1:11 pm

Broccers wrote: Tue Apr 21, 2020 1:02 pm

Rich B wrote: Tue Apr 21, 2020 12:53 pm The obvious danger of that sort of reporting is people will just fob it off aS not being any worse that a flu outbreak 20 years ago.

Agree mate but we can't live like this for much longer

The silly thing with this argument is that if we don’t stick with it now until we’re sure we have a handle on it, we’re just increasing the likelihood that we’ll have to do it again.

It's apparent that the handle is to be able to cope with large amount of deaths as that seems more likely than someone pulling a vaccine out of a hat.

Broccers wrote: Tue Apr 21, 2020 1:02 pm

Rich B wrote: Tue Apr 21, 2020 12:53 pm

Broccers wrote: Tue Apr 21, 2020 12:11 pm

Quite a rise of late then. Good to see they are looking at it this way at last. Makes it more real for people.

The obvious danger of that sort of reporting is people will just fob it off aS not being any worse that a flu outbreak 20 years ago.

Agree mate but we can't live like this for much longer

What do you propose we do instead?