RE:RE:RE:Forward salesLOL Canadians were begging for $30 not long ago with the entire oil patch on welfare for two years - I was happy to support 150 families with my taxes.
Hilarious they all think, after 3 months of high prices, that the boom is back.
If it is, thank Russia and our incredibly stupid politicians, because while RU sell oil to 7.5B people at 30-60% discount to Brent, the 800M Nazi supporters in the west will have to pay dearly for every drop of crude.
I'm happy abou the dropping price have $200K freed up from a 3 week 16% gain on NCLH that I will use to buy more AOI, hopefully at $1.50.
toptiger wrote: mostly agreed, nothing wrong with fwd sales if the price is right, and have never had the opinion that keith isin charge of the sales aspect in prime.
he is the most bullish person on oil going and yet fwd sales at low prices even if debt does come into it
either way cant be any worse than some of the $66 cargoes we were getting