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For decades, oil bears have made grand claims about oil prices crashing to $1. It was never really a claim that industry professionals would take seriously, with most observers viewing it either as fear-mongering or hyperbole.

On Monday the 20th of April 2020, WTI front-month contracts fell to the $1 handle. When you take into account both inflation and global breakeven prices – this truly is a historic day for oil. While some producers around the world - Saudi Arabia most notably - may claim to be able to produce oil at this price, the true breakeven price for every IOC and NOC globally is significantly above $1 and generally accepted to be $50+.

Some analysts have been calling for sub-$10 prices since the OPEC+ meeting was first announced. The fundamentals, they argued, were outside of the control of any oil cartel. Now, with no end in sight for the near-global quarantine caused by COVID-19 and oil storage nearing capacity, demand has all but dried up.

Meanwhile, some oil blends in Canada have fallen into negative territory, meaning producers would have to pay to give their barrels away.

While WTI for May delivery was down by over 90 percent, June delivery was only down 10 percent. Brent on the other hand, which is already trading on the June contract, is down by less than 6 percent, suggesting that it is fears of U.S. storage capacity that are dragging on prices.

https://oilprice.com/Energy/Energy-General/Black-Monday-Oil-Prices-Fall-Below-5-Per-Barrel.html

Nnamdi KANU was spotted at his parents burial on Friday. Picture was reportedly taken by an IPOB member.

NwaAmaikpe:




Was her son truly a Yahoo boy?
If no, then that's the problem with my people in Benin City.

Someone that is not into Yahoo will dress like a Yahoo kingpin so that someone who does not know someone who knows him will accord him the respect of someone who has 'touched' money.

Go to Siluko and Upper Sakponba and see boys who have never even been approached to join a cult, flaunt cult colours like they are Excos.

Go to Asotime and see girls whose brezz are fallen and downtrodden wear iron bras that will make you think their brezz are standing firmer than the rock of Gibraltar.

In a city where stereotypical profiling is the order of the day, why will anyone willingly assume false identities that jeopardizes their chances of living in peace knowing that profiling is the modus operandi of SARS?

you are talking like a fool

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Sad

RIP Aficianado

Buhari Ole

Manchester United don't want Aubameyang

Femi Kuti, a four times Grammy award nominee will eventually win the Grammy one day.

Humble Speech!

How many have seen this INEC message for the training for the 2019 GENERAL ELECTIONS?
Below is the screenshot, I received it yesterday.
I applied online as an Undergraduate.

andrew444:
This is not news ,juventus has been winning this trophy for the past 7 years .

First time in 3years

As true as this statement might sounds, the history of political preaching prior getting a political post makes this looks like garnering point for yourself.

Their fight is more saleable than their friendship

The worst of the worst -- Fevernova: 2002 World Cup in South Korea and Japan
This ball looks like it was designed by a second-grader who asked to draw the ugliest thing they've ever seen. Those colors in the middle make no sense, and neither does the weird design.

5. Teamgeist: 2006 World Cup in Germany
Teamgeist was so plain and boring. If taking a 24-hour cross-country road trip through the middle of nowhere could be described in a sporting product, it's this ball. It's almost as if those designing it said, "the hell with it ... let's just go with this ... the bar is closing soon."

4. Jabulani: 2010 World Cup in South Africa
Too much white overall with those weird triangular that look like a futuristic stadium. Just plain ugly, and it had its fair share of complaints. As The New York Times points out, the ball was considered too light and curvy, making balls carry further on crosses. France's Hugo Lloris, according to The Times, called it "a disaster," while Uruguay"s Fernando Muslera said it's the worst ball he's ever played with.

3. Brazuca: 2014 World Cup in Brazil
We've reached the point where we aren't ranking them on based on greatness aesthetically -- more like ranking them from less ugly to horrifically grotesque. This one was acceptable, but it was too busy and makes me dizzy looking at it.

2. Telstar18: 2018 World Cup in Russia
Considering how the most recent ones have looked, it is miles ahead and one of the best looking World Cup balls in quite a long time

1. Tricolore: 1998 World Cup in France
This one was similar to the balls used in previous World Cups but with an iconic blue trimming to pay homage to France. It was similar, yet a tad different all at once and made it special. The Tricolore was a beauty

You can throw those vintage balls that are either stitched, brown or a completely different color out of the picture. Most of us weren't even alive to see those used, but they are special.
The 2014 ball, Brazuca, was too colorful for me, and honestly, the ball for the upcoming World Cup is the first I've liked since France '98. The '74 and '70 balls (second row from the top, last two on the right) are iconic, but they aren't a whole lot different from the '78, '82, '86, '90 and '94 balls. The drastic change began with that blue ball in France '98. Here's how they rank from '98 and the following 20 years.

An interesting looking ball, it has the same feel as some of those Adidas jerseys with the diamond-like shape and faded coloring. I'm all for a ball being mostly black and white, so this one gets a good grade in my book. But where does it rank among the best?


Which is the Best?

Adidas, with the help of superstar Lionel Messi, unveiled the ball that will be used at the 2018 World Cup in Russia on Thursday. Without further ado, here is the Telstar 18:

oshinmidesneh:
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youngaz:
Hazard come back to training jhoor holiday neva finish ni .....Conte don dey whip d yansh of dose ones in camp already ....aaahh we (Chelsea) geh match tommorow oo ao i go take watch am sef..hmmm...Rapid Vienna abi nah wetin again
Chelsea niggas in d aouz!!!

Rapin Wein won!

1.Rating: Average Viewers: 3.5billion
Yes, it was almost inevitable that international
football's premier tournament would be top of
this list - with the FIFA World Cup drawing an
average cumulative TV audience of 3.5billion
every four years. In fact, the 2014 World Cup final
between Germany and Argentina in Brazil drew
almost 1billion viewers alone - now that's
impressive.

2.

Rating: Average Viewers: 2.6billion
A slight surprise at number two on the list, but the
three-week Tour de France attracts an average TV
viewership of 2.6billion - but perhaps it shouldn't
come as a shock seeing as cycling's most-famous
Grand Tour, which takes place in July, is actually
the best-attended annual sporting event on the
planet

3.


Rating: Average Viewers: 2billion
London 2012 may have captured the imagination
of the British public - but the quadrennial Olympic
Games is actually loved all around the world. An
average 2billion tune in to watch the likes of
Usain Bolt (pictured, right) win the 100-metres
and Mo Farah (pictured, left) claim gold in the
10,000-metres - and that's before you even
mention the various sports outside the athletics'
stadium.

4.


Rating: Average Viewers: 1.7billion
European football attracts the top talent in the
world - which is exactly why the continent's
premier club competition the UEFA Champions
League has an annual global TV audience of
1.7billion (cumulative for all the matches).