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Politics / Re: Peter Obi On The Candidates Town Hall Event With Kadaria Ahmed (Live Video) by tnktosin(m): 9:02pm On Nov 21, 2022 |
We would be needing interpreters for his balu baluba blu Meme creators are on standby right now. Albertgr8: 1 Like |
Romance / Re: How I discipline My Wife For Disrespecting Me by tnktosin(m): 7:44pm On Mar 15, 2022 |
Romanoff: And you were right!!! 1 Like |
Business / Re: The Scam Called Shoptomydoor.com Dont Use Them!!! by tnktosin(m): 9:32am On May 30, 2020 |
I have used circuitatlantic.com, shippyme.com and for the past few years shoptomydoor and their sister company shipnaija. I had to cut my relationship with them last year after a terrible experience which led to my abandoning some of my items with them after the items got to Lagos, this is after they separated my items, did air-freight for one part and the other took over 6 months on 'sea'. Maybe one day I'd have time to make an extensive post on the entire experience. There are other reputable ones out there but I'm not here to promote another. For me, its anything but shoptomydoor. |
Business / US Oil Price Below Zero For First Time In History by tnktosin(m): 9:52pm On Apr 20, 2020 |
Benchmark US oil prices crashed into negative territory for the first time in history as the evaporation of demand caused by the coronavirus pandemic has left the world awash with oil and not enough storage capacity — meaning producers are paying buyers to take it off their hands. West Texas Intermediate, the US marker, lost more than 250 per cent on Monday to trade as low as -$40.32 a barrel in a day of chaos in oil markets. Traders capitulated in the face of limited access to storage capacity across the US, including the country’s main delivery point of Cushing, Oklahoma. The collapse will be a blow to US president Donald Trump, who has gone to great lengths to protect the oil sector, including backing moves by Opec and Russia to cut production and pledging support for the industry. The shale sector has transformed the US into the world’s largest oil producer in the last decade, giving Mr Trump a foreign policy tool he has brandished as “US Energy Dominance”, but which now faces a rapid decline. Negative prices are the latest indication of the depth of the crisis hitting the oil sector after lockdowns imposed in many of the world’s major economies have sent crude demand tumbling by as much as a third, leaving the industry facing what Jefferies analyst Jason Gammel called “the bleakest oil macro outlook” he had ever seen. Not all oil contracts are trading in negative territory. Brent, the international benchmark, lost 9 per cent on Monday to fall to $25 a barrel, but is less immediately afflicted by storage issues. Brent is a seaborne crude allowing traders to easily ship it to areas of higher demand. Amrita Sen at Energy Aspects said: “With Brent you can put it on ships and move it around the world immediately. Storage tanks at Cushing, however, will be full in May.” WTI contracts for delivery in June lost 16 per cent but held above $20 a barrel, though traders warned it could face further losses. Both benchmarks traded above $65 a barrel as recently as January. Stephen Schork, editor of oil-market newsletter The Schork Report, said he expected access to storage capacity in the US to be exhausted within two weeks — and cautioned that the collapse of the country’s oil consumption was accelerating. “It just gets uglier from here,” Mr Schork said, adding that sharply rising unemployment numbers meant fewer and fewer Americans would be driving, hurting petrol demand even during its peak summer months. “This summer is dead on arrival. The biggest demand months are not going to happen,” he said. Physical grades in many North American regions have fallen into the low single digits reflecting a dearth of buyers able to take delivery of oil, even as prices for later contracts have held up marginally better due to some investors betting on an eventual rebound. In Canada, spot prices for Alberta’s heavy oil, which sells at a deep discount to WTI, traded at below minus $6 a barrel in the spot market, according to traders and brokers. Dealers speculated that traders who had successfully leased storage were putting pressure on rivals without access to tank farms. That could allow them to snap up ultra-cheap oil for their storage tanks, before locking in much higher prices in the futures market, essentially being paid to take oil and then selling it a month later for more than $20. Traders said contracts for later delivery were being propped up by hopes the worst of the demand destruction could be passed by the summer, if lockdowns and travel bans are eased. But others are questioning whether the record-breaking gaps between cash trades and contracts for later delivery are sustainable. “Oil is very weak,” said Olivier Jakob at Petromatrix. “The big thing right now is destruction of demand due to the virus.” Wall Street opened lower, dragged down by weakness in energy stocks. The S&P 500 was down 0.5 per cent in New York. The sub-index for energy was off 4.5 per cent. European indices steadied, with the continent-wide Stoxx 600 closing 0.7 per cent higher, while London’s FTSE 100 and Frankfurt’s Dax gained 0.45 per cent. Crude prices have plummeted this year on the possibility that the coronavirus outbreak will cause a deep global recession. The number of Covid-19 infections worldwide topped 2.4m as of Monday, according to data from Johns Hopkins University, with more than 165,000 dead. The latest developments “painted a grim picture of a world still firmly in the grip of the coronavirus crisis, amplifying worries about sinking oil demand”, said Vandana Hari, founder of Vanda Insights, a Singapore-based energy research firm. The deepening fall in oil prices has come despite an Opec-backed deal to cut roughly 10 per cent of global crude supply. Reductions of varying magnitude are planned to run until April 2022 as part of efforts to stabilise prices. Baker Hughes data on Friday showed that the number of active oil rigs in the US has dropped by more than a third over the past month. But signs of curtailed US supply have done little to boost prices. “Too much oil, with nowhere to put it,” said Kit Juckes, a senior strategist at Société Générale in London, noting that “oil-sensitive currencies are under pressure again”. Equity markets in Asia came under pressure earlier in the session. Japan’s benchmark Topix fell 0.7 per cent and Australia’s S&P/ASX 200 shed 2.5 per cent, while Hong Kong’s Hang Seng was flat. In fixed income, the yield on the 10-year US Treasury was little changed at 0.623 per cent. https://www.google.com/amp/s/amp.ft.com/content/a5292644-958d-4065-92e8-ace55d766654
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Politics / Re: APC Crisis: The Deal That Saved Oshiomhole by tnktosin(m): 8:58am On Mar 19, 2020 |
Now, this is the truth, the whole truth and nothing but the truth. Mikehot: |
Politics / Re: Photo Of Dethroned Sanusi Lamido Before Being Whisked Away At The Airport by tnktosin(m): 9:07am On Mar 10, 2020 |
sarrki: |
Fashion / Re: The Shoes He Ordered Vs What He Got (Pictured) by tnktosin(m): 5:42pm On Feb 15, 2019 |
Politics / Re: BREAKING: Osinbajo’s Helicopter Crashes In Kogi by tnktosin(m): 3:25pm On Feb 02, 2019 |
Wow this is serious. A rat is smelling |
Romance / Re: A Girl I Am Engaged To Still Gives Men Her Phone Number by tnktosin(m): 2:02pm On Jan 11, 2019 |
Lordbellish:Save yourself an early grave bro.Run as far as you legs can carry you. She feels nothing towards you if the above stated is true. 1 Like |
Sports / Re: Katsina United Players Undergoing Medicals (Photos) by tnktosin(m): 4:51pm On Dec 21, 2018 |
baliyubla: This exact same facility (GE stress ECG threadmill) used by Ronaldo is right here in Nigeria. They just opt for cheap services 2 Likes |
Politics / Re: Ogwashiukwu Indigene Debunks Buhari's Claim Of Completed Dam by tnktosin(m): 7:04am On Dec 21, 2018 |
This is interesting |
Literature / Re: Memoirs Of A Yoruba Demon by tnktosin(m): 11:55am On Oct 23, 2018 |
So, I finally read the concluding part. All smiles Job well done sheikshegetto 1 Like 1 Share |
Literature / Re: Memoirs Of A Yoruba Demon by tnktosin(m): 5:03pm On Mar 21, 2018 |
Sheikshegetto, bro you're good 1 Like |
Literature / Re: Memoirs Of A Yoruba Demon by tnktosin(m): 2:16pm On Mar 13, 2018 |
sheikshegetto:This part got me rolling. To think that i refrained from commenting on Nairaland and you brought me from my sabatical. Baba well done!!! |
Crime / Re: Sandra Sabriel Ifudu Accuses Taxify Driver Of Trying To Kidnap Her by tnktosin(m): 4:12am On Mar 02, 2018 |
I am not understanding this girl. Earlier this year she supported that taxify driver. And someone grabbed this from her page 2 Likes
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Politics / Re: John Shagaya's Car Accident Scene (Photos) by tnktosin(m): 7:35am On Feb 13, 2018 |
Did the driver survive? Apparently even in death no one mentions the other occupants of the vehicle smh. |
Culture / Re: The Origin Of Urhobo People by tnktosin(m): 11:49am On Jun 06, 2017 |
Oniovo vwo danvweren. Oghene mudiakewe 2 Likes |
Car Talk / Re: What Is The Maximum Speed You Have Ever Attained While Driving A Car? by tnktosin(m): 10:36am On Oct 12, 2016 |
Cadamlk:Am curious too, did 197Km/h in my wife's '07 Camry without issues. |
Car Talk / Re: What Is The Maximum Speed You Have Ever Attained While Driving A Car? by tnktosin(m): 10:34am On Oct 12, 2016 |
Funny enough this is exactly what happened to me too. A guy in Kia knocked me off the bike at about 50Km/h and that is the only crash i've had. Only my wrist was bruised by my wristwatch. That crash could have been avoided if i was going faster wolexy2020: |
Car Talk / Re: What Is The Maximum Speed You Have Ever Attained While Driving A Car? by tnktosin(m): 8:50am On Oct 10, 2016 |
Badassniggga:Not necessarily a lie, boys clock 298Km/h in 1000cc bikes on naija roads. I once maxed out my '06 Yamaha R6s at 256Km/h along koko road @ Oghara sometime in 2010. 3 Likes |
Politics / Re: Postpone Edo Election - Police, DSS Advise INEC by tnktosin(m): 5:35pm On Sep 07, 2016 |
This is funny. I heard about plans by APC to postpone the election about two weeks ago and today its already in the news.... Well played. APC is scared for real. 1 Like |
Politics / Re: Appeal Court Reserves Judgment On Ikpeazu’s Sack by tnktosin(m): 3:30pm On Aug 09, 2016 |
Zceesneh:Oga wey go school, I have looked up the meaning online and this is what I got; Reserved decision is a legal term. After the hearing of a trial or the argument of a motion a judge might not immediately deliver a decision, but instead take time to review evidence and the law and deliver a decision at a later time, usually in a written form.That was for the benefit of others like me who might have thought wrong as well. If ever you want to be taken seriously, learn to pass correction across in a civilized manner. |
Politics / Re: Appeal Court Reserves Judgment On Ikpeazu’s Sack by tnktosin(m): 2:51pm On Aug 09, 2016 |
Business To Business / Re: Ice Block Making Machine Available For Sale by tnktosin(m): 7:27am On May 31, 2016 |
Okay |
Politics / Re: Fuel Scarcity Looms As Marketers ‘doublecross’ FG After Price Hike by tnktosin(m): 1:26pm On May 26, 2016 |
You gotta be kidding me |
Business To Business / Re: Ice Block Making Machine Available For Sale by tnktosin(m): 8:41pm On May 20, 2016 |
I'm interested in getting an ice block making machine. I've been to Austin Laz in Benin and they got good machines (though they come at a price) but I just want to see if there's a better offer out here before making up my mind. |
Science/Technology / Re: Anambra Teenager Designed And Built This Drone (Video) by tnktosin(m): 9:46am On Apr 02, 2016 |
First of all that is not a teenager. Secondly that toy was assembled not designed and built by the dude. I know someone will soon call me a biafra hater for saying the bitter truth. A friend of mine here in Delta State built the frame of his airplanes but the engines, RC and LiPO batteries are all imported. If not for the exchange rate I'd have procured and assembled mine. 3 Likes 1 Share |
Celebrities / Re: Fan Calls Kate Henshaw 'Ugly', She Calls Him 'Chimpanzee ' by tnktosin(m): 10:55am On Feb 16, 2016 |
Literature / Re: How A Girl"s Visit to My Room Changed my Life ( Short Story) by tnktosin(m): 10:10am On Nov 16, 2015 |
OK make I still comment; @classcaptain you must be related to a terrorist cos you're the bomb. Nice piece bro, am now immuned to your thunder. |
Business / Re: How I Made Over $3,400 In Cryptocurrency In 4 Months!—i Can Teach You For Free!! by tnktosin(m): 11:09am On Oct 04, 2015 |
jerrymania: I appreciate your concern but I might NEVER fall for cheap scams. Thanks 1 Like |
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