OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Oil getting hammered

Posted by Buygold @ 7:57 on February 17, 2023  

Down over 3%, seems to be stuck in that 70-80 range. Apparently shipping rates have fallen off a cliff, so are we seeing demand destruction?

Rates up a bip and a half but I’m not sure that will hold.

Don’t know what it will take to get us turned around. Probably nothing.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.