Dhe Cape Town coast is custodia per cellulari samsung probably the best bet. From there, the route to the three most important ports is roughly the same length. Houston, Rotterdam, Singapore the captains can reach them in 30 to custodia samsung galaxy s3 neo 40 days with a speed of ten knots.
Many custodia tablet 10.1 samsung drilling companies are currently renting tankers to collect their oil because the onshore storage facilities are overflowing. Analysts say 160 million barrels are currently parked at sea, mostly off South Africa. 60 ships, strategically positioned like chess cover samsung galaxy s3 neo prezzi pieces, Avizar – Custodia Iphone Xr Portafoglio Flip Elegante Funzione are waiting for the moment when the world needs its goods again.
The corona virus is paralyzing the global economy and the need for oil is falling. Production has Coolden Custodia iPhone SE Cover iPhone 5S Hybrid Dual Layer been larger than demand for several weeks. All sponsors therefore have to solve one question: where to put the surplus
Bringing Brent oil from the North Sea is relatively easy because you can custodia tablet samsung tab 4 pump it quickly onto the Cover Per iphone 6 Plus/6S Plus Silicone Custodia Morbido tanker. The US companies, however, do not have this option. And that should be the government of the country, President Donald Trump will soon get into custodia s4 samsung trouble.
Premiere in the history CUSTODIA PER APPLE IPHONE 7 8 PLUS ORIGINALE SILICONE OEM CASE of the raw material marketsThe most important US variety, West Texas Intermediate, WTI for short, custodia tablet samsung s2 9.7 amazon crashed dramatically. On Monday the price custodia tablet samsung galaxy s3 even fell into negative territory. In New York, the price per barrel was now minus $ 40.
The producers had to pay customers to Arriva la custodia BookBook per iPhone 5 – iPhone Italia buy the oil. There has never been anything like this in the history of global commodity markets. Brent stayed custodia tablet samsung tab a6 in the positive range and was trading for around $ 26 the barrel.
How did this crash come about The largest deposit for WTI is located in cover samsung alice nel paese delle meraviglie Cushing, a dusty small town in the state of Oklahoma, almost 1000 kilometers from the nearest port. America producers cannot simply park their oil at sea and wait for the global economy to pick up again.
And the Cushing tanks are full. That why companies have to get rid of the oil quickly, at any cost, even for a negative one.
There is also a technical effect. The negative price affects contracts for May that end on Tuesday. Traders who have only speculated on the price but do not want to have delivered oil must urgently sell these contracts.
Only now, in custodia x samsung j5 the Corona crisis, at a time when factories all over the world are at a custodia samsung galaxy core prime standstill and half of humanity lives with curfews, iPhone 6 Custodia iPhone 6S Cover JAWSEU Moda nuovo Arte Ricamo custodia tablet samsung tab a she doesn want anyone. The result: the oil price reaches historic lows.
Full tanks, expiring contracts all the explanations cannot hide how devastating this crash is. America most important immagini cover samsung core plus sub custodia samsung galaxy a5 2017 zero oil is a symbol. The US government, it now becomes clear, has failed with its petrodiplomacy.
The fact that the price of the barrel of the US reference grade WTI in the Asian markets in early trading rose again to custodia per samsung galaxy core prime $ 1.10 on Tuesday is only weak consolation for the country.
President is the loserDonald Trump is the loser of a deal with Saudi Arabia and Russia. The Republican made every effort to help the domestic oil industry, Infreecs Cover iPhone XS Cover iPhone X Silicone Caso iPhone XS which is one of his most important supporters.
Elections are held in the United States in November. Trump aliexpress cover samsung j1 custodia s6 samsung needs the oil flip cover samsung s6 edge originale companies money for his campaign. And the workers votes for his re election.
Trump agreed with Mohammed bin Salman, Crown Prince of Saudi Arabia and ruler of Opec, and Vladimir Putin to Apple MRWQ2ZM/A Leather Case iPhone Xs Max Cover Custodia in Pelle cut funding. Minus ten percent, this is what their agreement provides for.
An extraordinary step. America and Russia, Trump and Putin, are joining forces to save the oil price. But it didn work. WTI crashed. And Trump, who often boasts of being a dealmaker, is a loser.
And it doesn look like the oil price will recover soon. the moment there is hardly anything that could stop the downward trend, says Michael Tran, raw materials expert at RBC Capital Markets.
tanks are custodia samsung s5 mini filled to the brim, explains Tran, barrels are rejected. There will therefore be cover samsung j5 2017 wish further in the United States.
Saudi Arabia and custodia samsung galaxy s4 mini Russia, Cover iPhone originali e CustodieMediaworld.it says the analysis company IHS Markit, are better able to cope with low prices. The funding costs are lower in both countries, and Custodia iPhone X iPhone X Custodia Pelle JAWSEU iPhone X their producers are state owned. In the US, on the other hand, many drilling companies will go bankrupt.
Do foreign policy with oilFracking has recently boomed here, the controversial process in which oil is blasted out of deep rock with a mixture of sand, water and chemicals. The United States rose to become the largest oil supplier in the world, Trump declared an era of dominance America oil should become a foreign policy tool. But there is not much left of that now.
And the minus price shows something else: that the US economy is in bad shape. The curfews are especially bad for Cover custodia Star Wars per Iphone 6 e 7 a Trieste – Kijiji the retail trade, one of the most important pillars of the economy.
There, sales slumped 8.7 percent last month, STOCL LOTTO 6 PEZZI cover custodia per IPHONE 5C ultra sottile the biggest Custodia aperta cover frame bumpers per Iphone 4G 4S celeste – 1031 – drop ever recorded. The corona pandemic has cost 22 million Americans the job Copri Cover Custodia Case 2D Gomma Apple Iphone 8 8s e 7 7s in the past four Cover iphone 7/iphone 8 Custodia iphone 7/iphone 8 Glitter in weeks….