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EXCLUSIVE: Petro Metad go for broke with 6-well fully funded programme
EXCLUSIVE: Rockhopper #RKE tops Malcy's 2018 Interims Bucket List gain


Premier Oil Share Chat (PMO)



Share Price: 126.50Bid: 127.60Ask: 127.80Change: 0.00 (0.00%)No Movement on Premier Oil
Spread: 0.20Spread as %: 0.16%Open: 134.50High: 134.50Low: 126.30Yesterday’s Close: 126.50


Share Discussion for Premier Oil


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hydraides
Posts: 2,118
Opinion:No Opinion
Price:126.50
She will bounce back
Mon 23:43
Even for someone like me who is always positive toward oil price uplift,

Russia and US saying they could work together to regulate is bad bad new, I hope i can get out and it dosen't crash -5% on open
 
ningaloo
Posts: 70
Opinion:No Opinion
Price:126.50
RE: Olivia at
Mon 23:05
Hope so SK buddy...Don't think we were expecting sub 72. I took a bite of the cherry at 1.29 today. I'll take a bigger bite if we go below 1.20...at least I'm in if it goes up!
The glass is always half full
ROS1
Posts: 1,587
Opinion:No Opinion
Price:126.50
Iran
Mon 22:49
...a snippet from Investing.com:

Mnuchin suggested that he would meet with counterparts on the sidelines of a G20 finance ministers' meeting in Buenos Aires on July 19-22 where sanctions on Iran were likely to be a topic of conversation.

“The State Department has the ability to issue waivers around significant reductions in the oil markets, that's something that Treasury and State will be doing,” Mnuchin said, adding that the U.S. would be “open to listening”.
ROS1
Posts: 1,587
Opinion:No Opinion
Price:126.50
RE: oil price update
Mon 22:33
Nah, that's almost analytical Dodger :-) :-)
Dodger16
Posts: 2,221
Opinion:No Opinion
Price:126.50
RE: oil price update
Mon 22:30
I dont post as much as i used to on lse, but i still love reading dbno posts. $69.40. Where did this number come from? A chart? More likely you were 40 seconds in to a flick with two lesbos having a 69......
ROS1
Posts: 1,587
Opinion:No Opinion
Price:126.50
RE: Olivia at
Mon 22:23
Hard one to call this time Sauer. I have a feeling that we may well see 60s again before any (if) upturn. What a day for anti-oil news ...more news than oil produced today lol.

Not rushing to sell as we did see a big drop, and subsequent recovery, last week, but eyes firmly on the ball. Tomorrow's and Wednesday's figures will be 'interesting'!
SauerKraut
Posts: 7,051
Opinion:No Opinion
Price:126.50
RE: Olivia at
Mon 22:15
She will bounce back today and this week.

IMO
Givingthelowdown
Posts: 645
Opinion:No Opinion
Price:126.50
ZZZZZZZZ
Mon 21:53
.....tired...goodnight all
SauerKraut
Posts: 7,051
Opinion:No Opinion
Price:126.50
Olivia at
Mon 21:45
Olivia at $72. Spike city. Go girl.
ROS1
Posts: 1,587
Opinion:No Opinion
Price:126.50
RE: oil price update
Mon 21:39
DBNO, you must be loaded with all your knowledge - I trust you are shorting it??!!
SauerKraut
Posts: 7,051
Opinion:No Opinion
Price:126.50
RE: You
Mon 21:34
No, you can’t put glitter on turds.
SauerKraut
Posts: 7,051
Opinion:No Opinion
Price:126.50
RE: Back in...
Mon 21:33
Ditto ninga baby.
January
Posts: 4,742
Opinion:No Opinion
Price:126.50
RE: You
Mon 21:29
And tread in it !
downbutnotout
Posts: 9,187
Opinion:No Opinion
Price:126.50
oil price update
Mon 21:06
my target for brent is now $69.40. momentum is gathering pace to the downside!
Bobblicious
Posts: 114
Opinion:No Opinion
Price:126.50
RE: You
Mon 20:44
But you can put glitter on it.
ningaloo
Posts: 70
Opinion:No Opinion
Price:126.50
Back in...
Mon 20:39
Today, but only dipped my toe. Obviously not at my "115p" If it drops further I've more to invest.
Olivia yo-yo-ing about alot. Long term it's a good share. I could have made considerably more if I'd held continually, but chose to sell on 3 occasions this year. I'm no expert, otherwise I'd be on my yacht in the Med!!
bransonbull
Posts: 2,552
Opinion:No Opinion
Price:126.50
Hydrangea
Mon 20:31
You will be missed. Who is going to fill the content when you are no longer posting 18 hours a day?
TheHappyHexagon
Posts: 892
Opinion:No Opinion
Price:126.50
RE: You
Mon 20:18
Mythbusters proved otherwise ...

https://www.youtube.com/watch?v=yiJ9fy1qSFI
Givingthelowdown
Posts: 645
Opinion:No Opinion
Price:126.50
RE: british bulls
Mon 20:16
Am i missing something, the sell signal was 79 dollars on the 10th on the double top , if you sold there you would have done very well, you don't sell at 8 dollars lower, if you think its bearish you would at least wait for a meaningful pullback (say 75/76) before selling oil, personally I see its still bullish, 80 will be retested within next 8 weeks..IMO
SauerKraut
Posts: 7,051
Opinion:No Opinion
Price:126.50
You
Mon 20:02
You can't polish a turd.
ROS1
Posts: 1,587
Opinion:No Opinion
Price:126.50
RE: downbutnotout
Mon 20:02
P.S: my wife, a very astute lady indeed (as all are !!), said that if I get this wrong I am totally safe as I can take a leaf from Trump's talk with Mrs May and sue him (for any losses). How can I possibly lose?!!! :-)
ROS1
Posts: 1,587
Opinion:No Opinion
Price:126.50
RE: downbutnotout
Mon 19:58
Exactly January. He stated possibly more but, either way and IMHO, it shows 'weakness' and just how stretched things are. Assuming that Trump and China make up and growth is resumed (note China is at 6.7% - not exactly collapsing at this point), the pressure will be on oil once again. Unless Trump 'reverses' the Iran decision, then demand will exceed supply. I am not saying that oil will go to $100 or even $80, but $70s has been quite persistent and for quite a while now; IMHO there is a valid reason for this. I have no doubt that Trump will try to 'buy' the November elections, so if one can't take the 'swing's then get out or trade. If one has the stomach, then longer term it's a fairly decent bet - at the least.

GLA.
January
Posts: 4,742
Opinion:No Opinion
Price:126.50
downbutnotout
Mon 19:49
Releasing 30m barells from the US "Strategic Reserve" is nothing much !
Putting it into perspective it is only 3 days supply for the US and a whopping 7 hours supply for the World !
Yes a knee jerk fall in POO would happen if this was announced, however it would not hold POO down for very long ! 7 hours supply of oil for the world is NOT a game changer ! Indeed reducing the strategic reserve could un-nerve the market and POO could actually rise on the news !
ROS1
Posts: 1,587
Opinion:No Opinion
Price:126.50
RE: Nightmare
Mon 19:45
3 quid will look cheap if oil gets to $90 and PMO is promoted to the FTSE 100. Spoon!!
downbutnotout
Posts: 9,187
Opinion:No Opinion
Price:126.50
british bulls
Mon 19:35
the bearish pattern that was previously identified is finally confirmed and a SELL signal is generated.




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