Oil near bottom

[Cream]

Winter of discontent: Woman stands on airport check-in counter in China to complain about blizzard flight delays

PUBLISHED : Sunday, 14 February, 2016, 5:17pm
UPDATED : Sunday, 14 February, 2016, 5:17pm

The woman leapt onto the check-in counter to complain about flight delays due to snow at Dalian airport. Photo: Sina Weibo

A photograph of a woman standing on the desk of an airline check-in counter and complaining loudly about flight delays at an airport in China has circulated widely on mainland social media.

In the photo, the woman stands on the counter at Zhoushuizi International Airport in Dalian, Liaoning povince while airline staff and even a few passengers seem oblivious to her.

Most passengers, though, look rather surprised at her behaviour.

Xinhua reported that 102 flights were cancelled and 22 others were diverted to other airports on Thursday until Friday night due to snow and sleet. As a result, a large number of travellers were stranded in the airport.

READ MORE: China’s airports and airlines lead the world in flight delays

The Xinhua report said the woman was “expressing her discontent”. The time of the incident and the woman’s name were not given.

Some internet users scolded the woman, including one who wrote on Weibo: “Why are you so angry, Delays are due to the bad weather.”

Others were more critical of the airport management: “The airport should reflect on its management issues... It did not even notify travellers properly of the flight delays and cancellations.”

 

[Asterix]

Market order ready to click at any time for close of the rest .........

Remainder closed at 8035 .............

Average short @ 8075 average covered (including portion at exactly the bottom of 200 EMA of 3m) @ 8025 ............

50 points X HKD 50 per contract = HKD 2,500 per contract multiplied by [why the fuck should I tell useless Sinkies but it's a lot] = 6% on margin utilised

https://www.hkex.com.hk/eng/market/rm/rm_dcrm/riskdata/margin_hkcc/margin.htm

Time needed = less than 2 hours if you know how ......... if like fucktard Vulture, ThrillSeeker, BytheWay and JahWatTheFuck you're obsessed with playing clone games .......... then guaranteed you will not be able to do this since IQ too low ...........

Today is a very ordinary day for the Hantu index futures ..............

Now if you will excuse me, I got to go and spend that money after setting aside at least 50% for future growth ............ no time to even read whatever posts those fucktards and their clones make ......... these fuckers are confirmed losers and PAP IBs ............ those who can stand on their own two feet do not need to porlumpar anybody much less the stupid and retarded PAP and their 70% loser fucktard supporters ............

And yes, I could have made a lot more if only I bothered to wake up earlier this morning

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=hk:hscei&insttype=Index&freq=6&show=

 

[Kraftwerk]

Err, waiter? Mouse found in Chinese wedding banquet stew served to shocked guests

PUBLISHED : Tuesday, 16 February, 2016, 11:09am
UPDATED : Tuesday, 16 February, 2016, 3:42pm

Nectar Gan
[email protected]

A large dead mouse lying in a bowl of beef was served to shocked guests at a wedding banquet in the Chinese city of Chongqing last Sunday. Photo: SCMP Pictures

Guests eating a meal at a Chinese wedding banquet were shocked to discover a dead mouse in a shared dish of braised beef being served at their table on Sunday, mainland media reports.

The large black rodent was lying in a large bowl of beef chilli at the banquet in the city of Chongqing, the Chongqing Evening News reports.

A photograph taken by one of the guests showed the body of the black mouse lying on top of the food, with some of the ingredients stuck to the dead rodent’s fur.

The guests immediately filed a complaint to the district’s food safety regulators and all the guests, having lost their appetite, left their tables and abandoned the banquet.

The report did not provide further details about the newly-weds, or how many people had attended the wedding.

Investigators from the district’s food and drug administration said the meal had been prepared by kitchen staff at a restaurant the day before the banquet, but the container with the braised beef had not been covered.

They said they suspected that the rodent had died after falling into the dish while trying to eat the food.

The restaurant’s owner could not be reached for comment.

 

[krafty]

http://www.bloomberg.com/news/artic...-says-kingdom-agrees-to-freeze-oil-production

Saudi Arabia and Russia Agree Oil-Output Freeze in Qatar Talks

 

[Asterix]

One of my sifus said, it is not the news but the market's reaction to the news that tells the tale

After rising above $31.50 per barrel when news of this agreement was reached, front-month West Texas Intermediate futures contracts have since retreated to below $30 per barrel.

It's not just the production freeze, rather than an outright cut, that helps explain the minimal impact this announcement has had on prices, or the conditions attached to it. What also doesn't help buoy prices is the fact that for the two largest oil-producing nations, there's been a de facto ceiling at these levels for an extended period of time.

Over the past four years, there has been very little change in Russian or Saudi crude output—especially compared to other major oil-producing nations:

During this span, Libyan and Iranian oil production have plunged, North American output skyrocketed thanks to the shale revolution, and Iraqi production has ratcheted up. Production growth (or a lack thereof) in these nations, not Russia or Saudi Arabia, will play the driving role in determining when prices recover, and to what level. Saudi Arabia has spare capacity to boost output further; Russia, for its part, will be challenged to maintain production at these elevated levels in light of the decline rates in its Siberian fields.

http://www.bloomberg.com/news/artic...oblem-with-oil-giants-production-freeze-chart

 

[Asterix]

Refiner and now pipeline operator, anything but oil explorers and producers. Different economics?

Warren Buffett's Berkshire Hathaway Inc.'s BRK.B, +0.38% added a new 26.5 million share stake in Kinder Morgan Inc. KMI, +4.41% during the fourth-quarter, the latest regulatory filings show, which would represent a 1.2% stake in the oil and gas pipelines company, according to FactSet data.

http://www.marketwatch.com/story/wa...tt-2016-02-16?siteid=bigcharts&dist=bigcharts

 

[krafty]

Obviously, in a perfect world, all the major oil producers would love to have more market share for themselves and a higher oil price. Right now, those two goals are in conflict, and the Saudis' desire to gain market share (at the expense of U.S. shale) has been at the center of the current over supply problem.

Our thesis on energy credit has been that intermediate-term oil prices aren't stable at $40, much less $30, because so few projects are profitable at these levels. What is impossible to know is how long prices can remain this low. We've bought some higher-quality energy names, like Noble Energy (NBL), with a view that those with great assets and a strong balance sheet will be winners eventually. I think you can still buy those kinds of names here, but be aware that the oil rout isn't necessarily over.

http://realmoney.thestreet.com/arti...ry-oil-price-freeze-pledge-and-dont-trust-ecb

 

[frenchbriefs]

obviously the huge rally in oil from $26 to $45 in the past few weeks,a shocking 80 percent rise shows that oil market has been massively oversold and there is no backbone to this huge decline in oil prices at all,how is it possible when the world continues to use up fossil fuels at such a phenomenal rate?oil consumption has steadily increased from the 80s from 55 mil barrels a day to 85 mil barrels a day today,the recent boom in renewable energy has barely slowed it down if any.any oversupply is unsustainable and short term at best,investors sentiments knows that and it will take a massive shock or scare before u see oil hitting $26 again.....oil is way too cheap at these prices......the world should be paying $100 or more.