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Friday, March 29, 2019

Friday, March 29, 2019, T+86 -- Part 1 -- WTI At $59.99 -- Do I See $60?

And so we begin:
  • Citgo secures $1.2 billion loan -- link here
  • Citgo received a renewed federal license
  • 35 lenders
  • sanctions? what sanctions?
  • 750,000 bopd refiner
  • refiner also retired $320 million and $900 million debts maturing in May/July
  • with gasoline prices soaring here in the US, did the Trump administration really have any choice bu to renew the license?
Natural gas volatility in the western US: exactly what I was suggesting the other day when I asked the rhetorical question: has anyone really thought this through? Link here.

Wow! WOW collapsed. Link here. I can't remember if I have posted about WOW before. Cut-rate Icelandic airline.
  • first flights took off in 2012
  • passengers left in the lurch; no assistance from WOW. Wow!
And, now ready for breakfast. Oh, but before we do that, let's check the market.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on anything you read here or think you may have read here.

Pre-market trading.
  • WTI: $59.99
  • DOW futures up 55 points
  • Lyft goes public
  • WFC Sloan retires effective immediately
  • RDS-B: up about 3/4ths percent
  • BA: down another $1.39
  • TSLA: down about $1.22; trading at $277

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