Dear Fnyack, Oil isn't dead as you said in a previous announcement.
LONG LIVE OIL:
The main bullish stimulus of the day was the surge in the price of WTI' which jumped +30% to $18.2 before falling back to $16.5 (+20% approximately), not forgetting the hope of a 'plan' to save the sector promised by Donald Trump.
Texan producers and frackers (those exploiting 'shale oil') have thus soared: Apache +11.5%, Devon +8.5%, Halliburton +8.4%, Schlumberger +7.7%, Marathon Oil +6.8%, Occidental +6.5%, Hess and Nal Oilwell +5.6%, Marathon Petroleum +5.1%, Exxon +3.1%, Chevron +2.8%...

Here is Dear FNYACK some oil information. You will see at the end of my presentation that ONLY THE NON-PROFESSIONALS HAVE LOSED MONEY. I hope you're not one of them.
The oil sector continued to attract the attention of operators as the EIA (Energy Information Administration) confirmed an increase in US 'crude' stocks of around +15 million barrels (to 518.6 million barrels, after +19.2 million barrels the previous week).
Gasoline inventories have remained almost stable... which may be due to the maintenance of refinery units.
WTI barrels rebounded +23% to $14.25 and remain highly volatile, which WEC boss Terry Duffy acknowledged in an interview Wednesday evening, citing a phenomenon unique in its scope.
He points out that the 'victims' of the crash on 21 and 22 April were essentially retail participants (non-professional speculators) who do not fully understand the workings of the market in which they are operating.
They underestimated the risk linked to the principle of delivery of the 'physical' and the question of storage, because it had never really arisen until now (there has never been a lack of counterparties to buy back 'deliverable' contracts at the end of their term).

Dear FNYACK, I wrote to you recently, you are a PESSIMIST.
President TRUMP prepares a plan for oil companies
can stay alive and produce because oil is a big part
in the US economy. Personally I trust D. TRUMP because this
The situation is not as trivial as we mean. The interests of the cabal (Bill Gates and
all others) are to take control of humanity by confining ourselves and wanting
get vaccinated. I'm one of the many people who don't want microchips
to be better controlled and I totally disagree with this situation from the dark side.
For more information you can consult on YouTube:
--Doctor SHIVA (advised by President TRUMP)
--Laura EISNHOWER (Little daughter of President Dwight David EISENHOWER).
--David ICKE
--Simon PARKES
--Max IGAN
--David WILCOK.

Only President TRUMP can find solutions to resolve this serious situation.
Jean Emile BERJOT

Dear Fnyack, you are a pessimist and pessimism is not good for business.
I, for one, have confidence in the measures President TRUMP is putting in place.
for the oil companies of Permian Basin.
You're an American, and you should know better than I, who am French.
But it's all about having the right connections at the right levels, that's what I got.

YOU HAVE TO LOOK AT THE VERY NEAR FUTURE. WHAT YOU ARE REPORTING IS AN EPIPHENOMENON.

TRUMP IS GOING TO SAVE OIL AND OIL COMPANIES.

THE OIL ISN'T DEAD. TRUMP DOES WHAT HE NEEDS TO DO.

GRETA THUNBERG IS AN ASSHOLE

PESSIMISTS DON'T READ THE FOLLOWING:
What an ending! An irresistible algo-bulldozer was started at one hour before the closing: it propelled the Russel up to around 1.229Pts (+4,4%) and the Dow Jones from 23.878 to around 24.242, without the slightest bearish hitch, with a single momentum and without the slightest downward bump.
Above all, the Dow Jones has gained +26.4% since the previous 'witches' session on 20 March, which must be an absolute record.
It all started on Thursday evening (around 22.30) with the publication of an article on the Barron's website which indicated that 125 patients had apparently been 'cured' (the report mentions a 'rapid improvement' in the condition of the patients) by Remdesivir (developed by Gilead which jumped by +10%) whereas many previous tests had not shown any efficacy of this drug on Covid19. ... but Wall Street immediately pretended to take this lead very seriously... in sharp contrast to the scepticism that had prevailed until now.
The Dow closed April's stock market term neck and neck with the Nasdaq-100 (+0.8%) which gained +26.5% in 4 weeks... but managed to return to positive territory by +1% over the year 2020.
The message is clear: with the recent wave of 'magic money', with the FED at the helm, driving the valuation of all asset classes, the Covid-19 crisis does not exist, the 'Great Confinement' has never taken place, and the expected dividends will be there.
Everything is going as if the economy is not going to slow down, as if buybacks will continue to artificially boost dividends, as if visibility remains just as clear over the next 3 or 4 years as it was on the evening of 31 December 2020.
In other words, the market is a managed entity that no longer has any power of anticipation or evaluation of good or bad business: everything is equal, the risk of bankruptcy no longer exists.
And as this Friday was the day of paradoxes, the collapse of oil by -10% below $18 (the lowest since April 1999) is accompanied by a historic surge in oil stocks, which are earning more than 10% on average.

Translated with www.DeepL.com/Translator (free version)

Trump: We're very close to completing a plan to open our country, hopefully even ahead of schedule
NEWS | Apr 13, 22:45 GMT | By Ross J Burland
US President Donald Trump listened to top U.S. health expert Dr Anthony Fauci when he recommended that mitigation efforts be taken to stop the spread of the coronavirus. However, Trump is determined to open the economy at the earliest opportunity.

In the Presser taking place, Trump has stated, "we're very close to completing a plan to open our country, hopefully even ahead of schedule."

Fauci made the comments after saying in a separate interview that lives could have been saved if the country had shut down sooner during the novel coronavirus outbreak.

Earlier, Trump retweeted a call to fire Fauci after that interview, but Reuters reports that the "White House said on Monday Trump did not intend to part ways with the director of the National Institute of Allergy and Infectious Diseases."

In other comments coming through, Trump said we think the opec+ agreement will lead to a 20 million bpd cut in global oil production, repeating earlier news, more on that here: WTI: OPEC+ has not done enough and Trump knows it

Additional comments from Trump
Trump says he will work with states on opening the economy but the president "calls the shots".
Trump says we'll know in next few days when he wants to reopen the country.
Says wants to end travel restrictions with Europe at the right time.
Says we'll know in next few days when he wants to reopen the country.
Trump says he should have a decision by the end of this week on world health organization funding.
Market implications
Markets will ride the prospects of the economy being cranked back into life, although the risk of contagion is going to be a challenge for the bulls and there could easily be setbacks along the way to anything proposed by Trump depending on the ebbs and flows of contagion and death tolls.

Trump: We're very close to completing a plan to open our country, hopefully even ahead of schedule
NEWS | Apr 13, 22:45 GMT | By Ross J Burland
US President Donald Trump listened to top U.S. health expert Dr Anthony Fauci when he recommended that mitigation efforts be taken to stop the spread of the coronavirus. However, Trump is determined to open the economy at the earliest opportunity.

In the Presser taking place, Trump has stated, "we're very close to completing a plan to open our country, hopefully even ahead of schedule."

Fauci made the comments after saying in a separate interview that lives could have been saved if the country had shut down sooner during the novel coronavirus outbreak.

Earlier, Trump retweeted a call to fire Fauci after that interview, but Reuters reports that the "White House said on Monday Trump did not intend to part ways with the director of the National Institute of Allergy and Infectious Diseases."

In other comments coming through, Trump said we think the opec+ agreement will lead to a 20 million bpd cut in global oil production, repeating earlier news, more on that here: WTI: OPEC+ has not done enough and Trump knows it

Additional comments from Trump
Trump says he will work with states on opening the economy but the president "calls the shots".
Trump says we'll know in next few days when he wants to reopen the country.
Says wants to end travel restrictions with Europe at the right time.
Says we'll know in next few days when he wants to reopen the country.
Trump says he should have a decision by the end of this week on world health organization funding.
Market implications
Markets will ride the prospects of the economy being cranked back into life, although the risk of contagion is going to be a challenge for the bulls and there could easily be setbacks along the way to anything proposed by Trump depending on the ebbs and flows of contagion and death tolls.

Dear FNYACK, the oil producing countries agree that the price of oil will increase in the coming weeks, so you will never see a barrel at 10 usd. And in a few months ERFB will do its financial transaction. Mr. RICHMAN is a very good business man.

Dear FNYACK You know very well that this situation is temporary.
So no excitement ...... oil prices will go up gradually.
I don't think you will see oil at 10 usd.

Yes it's good but you must not forget to count the billions of billions
dollars that will be injected into the global economy and this is for the months that
are coming. In a few months we will be higher than before the health crisis.

OK but I believe that the global economic recovery will take place
much faster than you think. In some months
this episode of sanitation will only be a bad memory.

IT IS TEMPORARY

But if the term 'crash' should be applied to a sector, it's the oil sector... and 'physical' oil, since WTI, which had already seen its price drop by 60% in one month, lost up to 25% more in a few hours, to around $20.55.
This betrays the capitulation of all the speculators caught up in the 'price war' which Arabia does not wish to give up... despite some 'pressure tactics' from the United States which still seem insufficient.
At this price, no producer on the planet is profitable anymore, except for a few sites in Arabia, Kuwait and Iraq.THIS SITUATION WILL NOT LONG LAST. A LITTLE PATIENCE.

But of course and the asteroid will hit us on our heads??????
This is all an epi-phenomenon that's only gonna last a few weeks...
All the jerks who sell their stock are idiots. To earn a wrist full of dollars...
IT'S ABSURDENT.

THERE'S A LOT OF ASSHOLES WHO DON'T WANT TO SEE THIS SHARE MOUNTED.
THEY MAKE A MISTAKE AND THEY'LL LOSE A LOT OF MONEY.

OKAY, BUT IT'S NOT GOING TO AND CAN'T LAST LONG.
LET'S JUST WAIT.GLTA

Yes, we have to wait for that to happen. In the meantime the TRUMP Administration is taking economic measures. We'll be here for a few weeks. God doesn't care about economic matters. Just a little more patience for another year or two .... GO FOR COURAGE.

Compared to Monday, March 9, yes the prices are a little bit higher.
But find out about the small oil companies that operate, in particular
on the Premium Bassin. Their production cost is 50 to 60 dollars. Trump (who is not a democrat as you know) is planning with the FED an appropriate aid plan to support them.
It will take 5 to 6 months for everything to return to normal.

FNYACK YOU'RE WRITING NONSENSE. NOT ONLY ARE PRICES UP $37 TODAY, BUT PRESIDENT TRUMP WILL SUPPORT THE SMALL OIL COMPANIES WITH GRANTS AND SOFT LOANS IF NECESSARY.
SO STOP WRITING NONSENSE AND GET YOUR ASS IN GEAR.

Yes, but we recovered from the disaster of 2008 and we will recover from this situation. THE AMERICA IS STRONG AND TRUMP TO FUCK ON THE GOUULE ARABES AND MORE PARTICULARLY IN SAUDI ARABIA

Of course that is what was done in 2009. But these companies have remained alive and that is what interests us now.

Of course everything you write is true, but do you think it's happening again?
On March 2, 2009 the price of oil was $40.15. And then the small producers continued to produce and then the price went up.......period.

It is a manipulation of stock market prices. In France it is not prohibited in the USA that is why there are many more crooks.

It is a manipulation of stock market prices. In France it is not prohibited in the USA that is why there are many more crooks.

STRONGLY THAT THIS SHARE IS AT O, OO1.

Yes, but it's temporary. Wall Street is not going to close because the price of oil is going down a bit. President TRUMP wants to be reassuring, THEN BUY ERFB and you can pay yourself a vacation in Las Vegas what you cannot do today AH AH AH AH

No, don't dream: neither Bernie the Socialist nor Bloomberg will win the election.
TRUMP will be re-elected without problem. So oil has a good career ahead of it.
You should buy ERFB now.

THEN NO ANSWER ???

YOU CAN EXPLAIN??

so the poor people don't play anymore ????

what a sadness this stock exchange: 22 dollars in profit!!!! bravo the billionaires in pennies

it is a stock exchange for the poor

it is a stock exchange for the poor

I wish a HAPPY NEW YEAR 2020 to all billionaires in hundredths of a penny from OTC MARKETS.

I wish a HAPPY NEW YEAR 2020 to all billionaires in hundredths of a penny from OTC MARKETS.

yes i will be in las vegas drinking DON PERIGNON 1966 to your health.