/biz/ - Business & Finance

>>18935596
Rystad report and more inventory and supply cut assessments. Oilmageddon is on, reopening projections aren't going to increase demand over supply. We now may hit supply cap worldwide mid May rather than end of May or missing it entirely like the original Goldman Sachs analysis suggested. news articles flooded all day everywhere how oil supply is closing in and production/demand are not on track to preventing filling it completely unlike previous sentiment.

In other words, the tanker dream and best possible climate is going to happen all aligning when oil future contracts rollover. We are going to see oil suffer like never before, we might unironically see -100 a barrel this time around. Get out of your oil positions, now.

>>18935623
It is fine. Hold no matter what until May 19th and reassess then. You will be happy.

>>18935715
Good job sailor! I finished +8% today. Haven't fully calculated divvies, gonna wait on that until FRO earnings report.

Honestly I am not even losing much money on DHT. My FRO and NAT shitcoins though are costing me 450 dollars and dragging me down near 6%. This was all a hair trigger low volume reaction, I am not sold in the least that tankers deserve tanking. Wait till earnings. I have a weak disposition and wanna cry, but we are holding until it is time.

>>18881618
Neon Green because I can.