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As Dickbat notes Brent +$74. Something moving in HURs favour amidst December doldrums. Recent offload production & pennies update due soon should further help. Biggie remains market Covid confidence returning
Sorry I don’t know where energy said came from bloody predictive text..!
Nothing goes ip in a straight line..! How long have you been playing in the stock market?! And actually it’s a few days and it was down to 68 now nearly 74 I would call that quite a big reversal… Energy said nothing wrong with looking flip side of the coin as long as it’s not stuck to the pavement and that’s the only side you can see..!
Dickbat .... It's only one day, it's no where near .... the boastful ....$80 ++ .... and even further from $100
Last week it kept dropping over a nr of days, at times it was below 70 .... Nothing wrong seeing the flip side of the coin....
Lets see what happens by the end of the week ....
Oil futures currently up 6%! No mention
Bart why have not mention the price of oil going up again?..,, as you were so keen to constantly mention it going down?! I thought you were here for balance strange behaviour anyone would’ve thought you had an gender?!
senseman.... well done genius for working that one out ...... chapeau !
Covid caused an oil price crash presenting scammers the opportunity to steal HUR via 95% dilution
Covid current scare affects Brent minimally $10 (was +$85, now $72), and SP by circa +1p
Covid remains 1 of 2 existential threats to HUR (the other being well 6 problems).
And since other variants may emerge, will remain so indefinitely, alternatively for at least a considerable time
Current scare will affect free cash via minimally 2 offloads circa $10 million - just to date
Ergo, IMO many do not adequately perceive the direct link beween Covid & HUR's survival/ prosperity
My first read around each morning for some time was latest oil news, followed by Brent price outlook
It has reverted to being latest world Covid news, latest oil news, & Brent price outlook, in that order
It is the only way to get a proper 'feel' for HUR's current all-round position, and the future
Covid currently drives oil news & Brent price
That is why it should be at forefront of all HUR SH's mind
It is not akin to discussing Brexit, the price of fish, etc, etc