Posted by ks55 > 2020-04-20 11:34 | Report Abuse

Expected lah.
No where to store US oil, want to sell also no buyer.
That is the reason Donald Duck mati-mati wanted Saudi and Russia to cut production.
You think this Duck want to save oil price?
I think he just want to ask people help him to find storage for US oil.
WTI is 50% discount to Brend.
One is produced from US soil, the other is from European/Arab soil.
Still remain some storage capacity for Brend because China is shifting oil back home.
US oil? Let it pollute US Gulf and Donald Duck can claim another 200 billion USD from oil companies........

Posted by ks55 > 2020-04-20 11:37 | Report Abuse

Very soon oil companies in US may have to pay for 'old newspaper collectors' to take away the rubbish.........