CRUDE!

[vanzandt]

Crude can be stored forever, at least until it’s refined into distillates.

I was being sarcastic lol.

 

[vanzandt]

The SPR probably needed drained and replenished with fresh stock anyway.

9/15/19
3:10 a.m.
The U.S. Energy Department says the U.S. "stands ready to deploy resources from the Strategic Petroleum Oil Reserves if necessary to offset any disruptions to oil markets" in the wake of a drone attack in Saudi Arabia on the world's largest oil processing facility.

 

[danielc1]

It would be interesting if Oil would go down from the beginning or after gap up...

 

[Wheezooo]

It would be interesting if Oil would go down from the beginning or after gap up...

a.k.a. The 1st day of fighting during Gulf War 1.

 

[blueraincap]

just went to the gas station and filled my car before prices change

 

[Overnight]

It would be interesting if Oil would go down from the beginning or after gap up...

Was thinking about it some more, and I wouldn't be surprised if Brent gaps down (WTI should gap up), since the processing facility won't be demanding as much sour.

 

[DevBru]

I normally do not trade crude but i will take a look at it when it opens later tonight, i might even just buy the open and hold untill tomorrow.

 

[zghorner]

30% of my portfolio is comprised of bagholding various O&G companies...news is much welcome.

 

[LanceJ]

US Inventories are on the low side too. Lowest amount since Oct. 2018.

 

[Cuddles]

Iran denies; 20x 20K$ drones just crippled 1/2 SA oil supply. Fucking LOL, technology is awesome, there goes trillions to the garbage in national defense.