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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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18585572 No.18585572 [Reply] [Original]

what do i do with it now?

>> No.18585594

start a campfire with it.

>> No.18585599

>>18585572
Well, you........ummmm........

>> No.18585600

>>18585572
cum in it

>> No.18585606

>>18585572
Hodl

>> No.18585608

>>18585572
chug it down

>> No.18585613

>>18585572
pour all of it out and sell the barrels. that's gotta be a couple hundred in scrap metal alone

>> No.18585617

>>18585572
sit on em
then when the dogs come barking you feed them your milk

>> No.18585629

>>18585572
Fake N Gay

>> No.18585640

>>18585572
did they pay you?

>> No.18585650
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18585650

do a barrel roll

>> No.18585658
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18585658

>>18585572

>> No.18585660

>>18585572
check to make sure they're legit by applying a small flame to the inside of one of the barrels
you should hear a small hiss and then if its real it should freeze the flame when you pull it out and if its green its legit but if its blue or a reddish tint your shits cut
holla back if you got any Q's

>> No.18585666
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18585666

>>18585640
no, did i get scammed?

>> No.18585670

>>18585572
sell it for $-1,200

>> No.18585679

>>18585613
they're still pumping oil out and need barrels to store it in. So if you can dispose of oil selling the barrels isn't a bad idea maybe.
otherwise invest and sit on it until you can resell it.

>> No.18585689

Use the oil to fry up some chicken

>> No.18585705

>>18585666
checked and yes

>> No.18585743

>>18585572
dump the oil in the ocean and build a pontoon boat

>> No.18585767
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18585767

>>18585666
F retard.

Everyone knows you need at to get at least $40 in compensation for taking a barrel

>> No.18585789

>>18585666
what a retard lul
oil going for -35 dollars a barrel

>> No.18585813

>>18585666
buy high sell low

>> No.18585819

>>18585572
That's not oil, he just paid you to take dead prostitutes off his hands

>> No.18585843

>>18585572
There's a dead mexican stuffed in one of those barrels and I don't know which one it is

>> No.18585865

the feds are gonna seize whatever you and everyone else just decided to buy up, so 'grats

>> No.18585882

>>18585572
lmao you fucking retard. you migt as well have given them $1200. want to buy some chainlink for $40 each?

>> No.18585911

>>18585572
Make molotovs

>> No.18585940

>>18585572
How did you end up with negative oil prices today?

>This happens when a physical futures contract find no buyers close to or at expiry.

Let me explain what that means:

>A physical contract such as the NYMEX WTI has a delivery point at Cushing, Oklahoma (a shithole in the middle of an empty shithole, but a cheap shithole nevertheless) & date, in this occurrence May.

>So people who hold the contract at the end of the trading window have to take physical delivery of the oil they bought on the futures market.

>This is very rare!!!!!!!

It means that in the last few days of the futures trading cycle, (which is tomorrow for this one) speculative or paper futures positions start rolling over to the next contract.

>This is normally a pretty undramatic affair.

What is happening today

>Trades or speculators who had bought the contract are finding themselves unable to resell it, and have no storage booked to get delivered the crude in Cushing, OK, where the delivery is specified in the contract.

>BUT BUT BUT all the storage in Cushing is booked, and there is no price they can pay to store it, or they are totally inexperienced in this game and are caught holding a contract they did not understand the full physical aspect of as the time clock expires.

>> No.18585943

>>18585572
Sell before you lose even more money than the -1.2k they just scammed you into.

>> No.18586021

>>18585572
>reverse image search
>india mart.com
idk what i expected desu

>> No.18586052

>>18585572
Dump the oil. Sell the barrels for their market price of 20 dollars

>> No.18586581

>>18585572
Empty the barrel and make a bbq out of it

>> No.18587195

>>18586021
no shit it's fake. Even he bought today, the delivery is for may 20.