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EXCLUSIVE: Oil analyst Barney Gray discusses the latest from Tower, Coro, Colter, Reabold & United Watch Here
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EXCLUSIVE: Oil analyst Barney Gray discusses the latest from Tower, Coro, Colter, Reabold & United
UPDATE: #COPL set timeline for Q2/Q3 Nigeria drilling programme
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Hurricane Energ Share Chat (HUR)
| Share Price: 45.10 | Bid: 44.94 | Ask: 44.98 | Change: 0.50 (+1.12%) |  | ||||||
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RE: Aoka Mizu
7 Dec '18
Hi Sipp......no I know but given some of the reports that were coming out I was beginning to think 1m would be absolute best outcome so anything extra is cream. It should at least , as people are saying, underpin the price and stop the rot. I'm happy anyway mate .
RE: Aoka Mizu
7 Dec '18
We do not need a 10$ bounce?
If Brent remains in a 60 to 65 dollar range that is perfectly acceptable. No cut or insufficient and the oil price would have continued to drop and who knows were it would have stopped. As you suggest johnpwh if the price rises too much it will encourage US shale and the cycle begins again.
If Brent remains in a 60 to 65 dollar range that is perfectly acceptable. No cut or insufficient and the oil price would have continued to drop and who knows were it would have stopped. As you suggest johnpwh if the price rises too much it will encourage US shale and the cycle begins again.
RE: Aoka Mizu
7 Dec '18
Agree with you SIPP, but may underpin a $60-$70 range for Brent.
Not forgetting WTI Midland is well over $10 less than Brent so I suppose many shale producers may also reduce? They only recently became profitable at the higher PoO price levels
Not forgetting WTI Midland is well over $10 less than Brent so I suppose many shale producers may also reduce? They only recently became profitable at the higher PoO price levels
RE: Aoka Mizu
7 Dec '18
"1.2mbd cut....... yes !!"
Can't see this providing a $10 bounce I'm afraid escargot.
Can't see this providing a $10 bounce I'm afraid escargot.
RE: Aoka Mizu
7 Dec '18
Thanks HTL, but full credits go to Laserdisc for these pictures as posted on the ADVFN board this morning.
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