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Range Resources Ltd Share Chat (RRL)



Share Price: 0.225Bid: 0.20Ask: 0.25Change: 0.00 (0.00%)No Movement on Range Resources
Spread: 0.05Spread as %: 25.00%Open: 0.225High: 0.238Low: 0.238Yesterday’s Close: 0.225


Share Discussion for Range Resources Ltd


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Celticheart
Posts: 14,072
Observation
Opinion:No Opinion
Price:0.175
RE: Oil price
8 Mar '18
You have to look at the global position not just the rise in production from the US countries like Venezuela have been forced to cut their production dramatically, remember Venezuela has the 7th largest oil reserves in the world. That's more than Russia, Libya or the United States.

"The retreat by oil producers during an oil-price plunge between 2014 and 2016, however, continues to raise the specter that not enough money has been spent on exploration, which can result in shortages and price spikes.

The IEA predicts that within five years, the cushion of production capacity over expected demand will fall to its lowest level since 2007. That was the year that the price for oil in the U.S. surged close to $150. Prices are less than half that today.

The energy agency, which advises energy-consuming countries, said Monday that global energy demand will grow about 7% by 2023, to 104.7 million barrels of oil per day. Citing the production capabilities of drillers operating in U.S. shale fields, the world capacity to produce oil will hit 107 million barrels a day."

https://www.usatoday.com/story/money/energy/2018/03/05/forecast-u-s-oil-expected-meet-most-worlds-growth-demand/394433002/?linkId=100000002016811
 
Celticheart
Posts: 14,072
Observation
Opinion:No Opinion
Price:0.175
RE: Rrl
7 Mar '18
Thanks I checked it out, looking forward to Mslcy’s report
Alsugar
Posts: 909
Off Topic
Opinion:No Opinion
Price:0.175
View Thread (2)
Rrl
7 Mar '18
Malcy day 2 visit at beech marcelle some pics on Twitter for them that are invested and for them that are not
Predators
Posts: 994
Off Topic
Opinion:No Opinion
Price:0.175
Re re suggestion
7 Mar '18
You mean in your fantasy world. ..he was meaning you are one of the delusional rampers. Anyway I enjoyed my coffee and cake today. .I have given up waiting for the Ferrari
Celticheart
Posts: 14,072
Observation
Opinion:No Opinion
Price:0.175
RE: Re a suggestion
7 Mar '18
I think you should know that Petebo and I have actually met in the real world and he is a decent guy not one of your fabricated friends.
Predators
Posts: 994
Off Topic
Opinion:No Opinion
Price:0.175
Re a suggestion
7 Mar '18
Petebo .... ..ctag was even worse than rrl. .you have come on the wrong board ....there is God like status on here for celticheart and Aberdeen man ( ctag).at least for one poster
Predators
Posts: 994
Off Topic
Opinion:No Opinion
Price:0.175
Re
7 Mar '18
Yep ..I sold another 5 pounds worth... I fancied a bit more cake
Predators
Posts: 994
Off Topic
Opinion:No Opinion
Price:0.175
View Thread (2)
Re
7 Mar '18
It was me I sold £29 worth. ..I fancied a coffee and a cake
Alansugareatyour
Posts: 29
Off Topic
Opinion:No Opinion
Price:0.175
View Thread (3)
Sizeable.......
7 Mar '18
Is this what qualifies as sizeable nowadays? We are in more trouble than I thought then. Volume is dire.

On the other hand, I tell the missus I am sizeable so pot n kettle.

"Three sizeable buys this afternoon but in the interest of balance
I left the sells in place too.

06-Mar-18 16:02:45 0.172 4,845 Sell £8.33
06-Mar-18 16:00:48 0.20 2,494,999 Buy £4,990
06-Mar-18 15:51:43 0.197 2,532,994 Buy £4,990
06-Mar-18 15:01:29 0.1582 75,486 Sell £119.42
06-Mar-18 12:39:55 0.1582 14,000 Sell £22.15
06-Mar-18 12:30:45 0.197 1,000,000 Buy £1,970"
Celticheart
Posts: 14,072
Observation
Opinion:No Opinion
Price:0.175
View Thread (3)
A suggestion
7 Mar '18
Would you guys like to try and discuss Range for a change instead of just other posters. Macy is in Trinidad at the moment that should give you a lot to discuss when he reports back




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