Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Oil prices claw back losses as storage fills less rapidly than feared

  
CommoditiesApr 28, 2020 11:15PM ET

Brian commented on this article:

You are viewing a single comment thread. View the full discussion
Brian Marciniak
Brian Marciniak Apr 28, 2020 11:19PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
I believe the bottom is very near if not here. Opening of some states already is a sign usage is going up & with the OPEC, Russian & USA agreement with oil limits, good things are coming. Living in New York, talk is coming about opening in stages soon. BTW, when New York & California opens up... if you haven't invested back into oil you'll already be missing out as almost 60 million people will be moving and shaking using oil/gas and the monster will have awakened. Get in low while you can because in your lifetime an opportunity like this has NEVER been right in front of you. So go grab the "bull by the horns" and get ready for a ride of your life into this huge financial gian opportunity like never before. Mark my words!
Matt Novakovich
Matt Novakovich Apr 28, 2020 11:19PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
you gave me a woody
Brian Marciniak
Brian Marciniak Apr 28, 2020 11:19PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Cristian Chibato
Cristian Chibato Apr 28, 2020 11:19PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
what's your opinion on the fact nothing will have improved from the past, and now we will have the biggest supply glut in history for both crude and distillates, coupled with significantly lower demand than pre-quarantine? This market ain't coming back for a while bud lol. Natural gas on the other hand is actually at a bottom, since supply is only falling as an effect of oil shut ins and demand will only rise
Brian Marciniak
Brian Marciniak Apr 28, 2020 11:19PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Please understand one thing.... the "BEAST" has yet to be awakened. The 17 plus million currently on unemployment who the majority of whom were minimum wage workers, $30k, $40k, etc. (under $52k)workers who have been turned into people who receive more money then they have ever made in their life with this $600 a week bonus on top of their unemployment weekly check. So now you have those 17 millions who are bringing in $800 plus a week now with very few outlets to spend that $ sitting there. Plus many have tax money they never got to spend and who are use to working fulltime and only bring home $350/$500 a week after taxes. That buying power is HUGE. These people will not save this money & will be a force not seen with buying power. Now don't forget about our people who have been stuck in their homes doing nothing who have $. I know for myself I saved over $350 a week not eating out. Not to mention my gym memberships, etc. The oil eating economy is coming back like never B4
Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email