Rory Trueman
4.5K posts

Rory Trueman
@TruemanRory
Pilot. Father. Slow world traveler. Geek. Gamer. Science Nerd.
Kelowna, British Columbia Katılım Şubat 2017
336 Takip Edilen105 Takipçiler

@DBatDad @DonMiami3 Even at $70 these companies are printing money... But doesn't seem to matter... I am going to go find a market segment that POTUS doesn't tweet about.
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@TruemanRory @DonMiami3 Spot prices are 116 right now, we'll see if paper prices will meet but 116 spot this long is crazy.
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@MPelletierCIO Such a BS market. Oil companies will be making more money in the next 6 months than they made in the last 2 years, yet they fall off a cliff because of the nonesesne in the paper market. Just insanity
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@ManyBeenRinsed There is a major disconnect between the paper market and physical market. Real oil is selling well over a 100 in most parts if the world. Will take 3 to 6 months for production to come back online once the backlog is clears, meanwhile the market has lost 500mbpd since the start
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@data168 Is there anyway the paper market can somehow get out of this? Because they seem to be playing like they are holding can't lose cards....
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Real oil price is at $149 vs $98 paper price. May oil future expires on April 21. Get ready for fireworks.🍿
JH@CRUDEOIL231
Apr 13 North Sea Platts window The outright price of North Sea Forties crude reached $148.87/bbl on Monday, exceeding its 2008 peak. Trafigura bid for May 10-17 WTI Midland cargo at Dated Brent plus $21.95 CIF Rotterdam and Mercuria bid for May 8-12 WTI Midland cargo at the same level. Total bid for May 13-17 WTI Midland cargo at Dated Brent plus $22.45 CIF Rotterdam. The Total bid equated to about Dated Brent plus $19.55 FOB, above Friday's level of Dated Brent plus $18.85 FOB. Mercuria bid for May 7-9 Ekofisk cargo at Dated Brent plus $22.90 FOB. #oott #iran
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@AlexBerenson This is why I like you, while maybe not always agreeing with you. Integrity is such an underrated commodity these days.
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The old man is out of control
The President of the United States is unwell, and we need to stop pretending otherwise
I said it about Biden, I’m not going to be afraid to say it about @realDonaldTrump

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@act_knowledge @Polymarket Bank encryption wouldn't be safe either; no wildly used encryption would be.
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@Polymarket So bank account encryption is safe but Bitcoin isn’t?
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@Rory_Johnston 120 or 130 is my guess, then slowly back towards a 100... Just a guess though
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@Rory_Johnston If you were Iran, and had the ability to keep it effectively blocked, would you stop? They literally have zero incentive to stop.
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@JimboStanford You have zero understanding of how open markets function... this is some of the dumbest takes I have ever heard on oil
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The gas in those pumps was refined weeks ago, from oil extracted months ago, none of which came through the Straits of Hormuz. So why does it cost 15c more per litre than it did LAST Friday? I ask why, in @TorontoStar: thestar.com/business/opini…. #canlab /2
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@JimboStanford @TorontoStar And for the last year or more revenues have been flat with profits minimal, and exploration heavily reduced. This is a dumb take by someone who clearly doesnt understand the industry
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As you fill up with gas that's now up 20c/litre in a week, remember who profits. Cdn oil companies made $150b after-tax profit after the last oil spike (2022). An excess profit tax redistributed to consumers would ease the pain. My take in @TorontoStar: thestar.com/business/opini…
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@anasalhajji Of course, can't distract from the "glut" narrative
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Yes, but with permanent Standard Time—not B.C.’s permanent Daylight Saving Time! DST’s dark winter mornings are worse for health. We need morning sunlight; we need Standard Time!
Made In Canada@MadelnCanada
Should Canada get rid of the daylight saving time? 🤔 ⏰🇨🇦
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@financedystop A lot of times they do that to try and help people from getting scammed, and resolving themselves of any future allegations they should have done more to prevent it.
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