Oil price Crash

Diesel around €1:16 a litre, equivalent to £1:01, (it was €1:30 last january. And home heating oil (kerosene) selling at comfortably under 50c a litre in some places, if you're buying 1000 litres (price per litre creeps up the less you're buying). But even at the pumps, where it would be dearer than buying in bulk, you can get it for 55c (I had 300 litres delivered last autumn, and it was over 80c a litre, IIRC). If you live within 12km of Mullingar (in the Midlands), you can get 1000 litres for under 40c a litre. Crazy, at the moment.

kero3.jpg
Being ripped off in Portlaoise at €1.18 for diesel!!!
Got the oil though had to strap my tank I got that much.
 
when lock down was mooted I heard an interview on the radio with an analyst who predicted this may happen. I was actually about to fill the car up and had a laugh with the guy in the kiosk saying oh great a car full of cheap petrol but nowhere to use it - careful what you wish for eh?
 
Does this mean we can only afford to go for the likes of Phil Jones, Daniel James et al in this summers transfer window?

OPEC have obviously taken a bribe from UEFA to not push to hard for a cap in production
 
Of course if there is nowhere to put this months futures and the world isn't opening up anytime soon, there will be nowhere to put the June orders either.
2 months after lockdown stops, they’ll be the opposite affect, as extraction, production and delivery won’t be able to ramp up to meet demand...
that’s if we all go back to the same pre-lockdown way of living.
can’t see it, as they’ll be a lack of kerosene required for years, as airlines will have gone to the wall or have to de-mothball their fleets.
 
Filled the truck up the day before we were locked down and only been to the butchers in it since. Payed twice as much as I would now.
That's a twat.
Less than a $ a litre here.
Everybody has cars with full tanks and nowhere to go.
 

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