15 November 2024: 09:30 GMT
It’s convergence week! Totsa just can’t get enough. It gained yet another four convergences today: an Upper Zakum from each of Exxon and PTT, an Al Shaheen from Trafi and an Oman from Phillips. At least we’ve finally broken free of the Upper Zakums and got some variety in the grades being declared. Totsa just hasn’t been able to restrain itself this month. Le rampaging Totsa Taureau threw down his cigarette and baguette and came to try to save the tumbling physical premium this week, bidding and lifting all over the place. Look at how many convergences it’s got! 10! That’s 5 million barrels. Enough to keep France going for days! But rumour has it they’re taking it East anyway…
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