CallMeBigErn
Active poster
TBD. It's a prediction. A pretty universal one at that. The oil supply crunch hasn't even hit the globe yet.
Big Ern hasn't been wrong yet. I don't suspect he'll be starting anytime soon.
Hey guys how are your energy prices today??
- Thread starter HuskyBuck
- Start date
Big Ern hasn't been wrong yet. I don't suspect he'll be starting anytime soon.
One tard rooting for Iran and a pedo showed up in a thread
CallMeBigErn
Active poster
Like I said in the initial post, Brent physical barrels are over $150, a record high, while Brent paper barrels are currently around $100. This is a giant glowing warning signal for the weeks ahead. That spread is extremely abnormal. American domestic supply is irrelevant. Brent sets the global price of oil, not WTI. Oil is a global market. Did I really have to spell it out for you again?
Uh...no. WTI is WTI. Brents is Brents.
Different APIs, different sulfur content, different products altogether.
Like comparing limes and oranges. Both citrus. Try putting an orange in a gin and tonic. Drinkable but shitty.
Not like the lemon party you are used to.
Where's my other oil guys at?!?
CallMeBigErn
Active poster
WTI is not relevant to this discussion. Brent functions as the global price setter and last time I checked, we're part of the globe. Oil is very likely going to shoot up everywhere over the next few weeks/months. I got all the screenshots I need.
That's not what you wrote. Backtracking Ern. Like always. WTI is a huge component of the global energy market and Brents is another.
Brents DOESN'T set the global price. Brents is one index for a certain type of crude. WTI is another index for a different type of crude.
JFC, Ern. The Throbber has actually worked in O&G finance. GTFO out here with your bullshit.
Meanwhile America is a seller and ships are getting through the strait just not to Iran who are getting crushed from all sides
But stronger than ever of course
Ernie is full of it but everyone knows that
But stronger than ever of course
Ernie is full of it but everyone knows that
CallMeBigErn
Active poster
The subject is the extremely abnormal price gap between Brent physical and Brent paper barrels. The subject is Brent physical barrels hitting ATH. Care to comment on either of these subjects?
NOC where you've worked, sorry.
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Hedging oil was part of the job. Way more relevant than your bullshit ignorance.
Stick with your shitty memes.
Please, no more memes from Ern.
CallMeBigErn
Active poster
White flag.
Brent establishes the prices for ~80% of the global trade in petroleum. So if you'd get back to the point, that'd be great.
CallMeBigErn
Active poster
Great way to get more memes from Ern.
MikeDamone
Well-known poster
Brents was a fucking genius compared to this dipwad.
CallMeBigErn
Active poster
You really need to go back to the initial post. Christ. Or, should I say, Trump?
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CallMeBigErn
Active poster
I will take the inability to comment on my point for the last two pages as a giant
Bill and anyone else with a logical head on their shoulders will understand.
Bill and anyone else with a logical head on their shoulders will understand.
Desperate for allies
Just like the mullahs
Just like the mullahs