[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 340 KB, 2291x1309, oil-barrels-gettyimages-510563992.jpg [View same] [iqdb] [saucenao] [google]
27637248 No.27637248 [Reply] [Original]

>anon bought silver
>Anon still believes in his shitcoins
>anon isn't taking physical delivery of oil barrels right now as in asap
>Anon isn't gonna be oil king by 2022 when oil is in demand with extreme shortage but anon still believes in his stupid ev stocks

Explain why your not stacking crude oil?

>> No.27637663

Who fucking says I’m not

>> No.27637733

>>27637248
You need to stack it at negative values. And then you need to buy entire container ships
You don’t need this bullshit
You are not rich enough

>> No.27637845

>>27637733
How do negative oil prices work anyway? Surely they won't pay me to send me a barrel of oil?

>> No.27638137

I have 500 barrels currently on the way to my house where do I store them so my wife does not find them

>> No.27638353

Oil expires you dumb fucks
It literally goes bad

>> No.27638889

>>27638353
Wrong, idiot. Gasoline goes bad because it lets off vapors. Properly sealed crude oil lasts indefinitely. Why do you think we can pull it out of the ground when it's been in there since before humanity existed?

>> No.27640216

>>27638889
gasoline is just distilled oil if gasoline can go bad, so can crude oil
but why do I even bother? this all just a RP nonsense
nobody is going to buy and keep a barrel of sweet Brent for reals

>> No.27640702

The industrial demand dpoesn't justifie the --exponential-- price increase

>> No.27640829

>>27637845
Not using your big Iq friend?
When the production cost and storage cost are higher than the selling price. In that case it’s cheaper to send it to you to hold it then if they hold onto it themselves

>> No.27640828

>>27638353
>in ground for hundreds of millions of years
>goes bad

>> No.27641483

>>27640828
Ah yes because an oil drum has the same extreme pressure as being underground