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Very much enjoying Shell at the moment.
A good dividend and very good capital growth from the lows of a few months back.
Hi Nomad1 yes I’m looking at Brent and RDSB now 1492 so could indeed be testing 1500 today GLA
Sorry my reply was to Barrieprov not Zaman.
Also the Saudi oil minister said we don’t care about the prices/money and their own personal cuts were open ended. He went on to say at present they are not worried about US shale unlike the Russians.
Zaman, Besides the NASDAQ it the S&P 500 that’s tech heavy not the DOW which is industrials including oil but what do I know. The Dow did get hit yesterday and dropped 700points but soon came back up along with the SP. In the US the SP dropped $1.32 but also came back up 50%.
The Saudi minister said we don’t care about money!
Brent futures $68 pb and well on the way to $75pb.
With the expected growth coming out of the plague a $100pb is highly lightly next year. Will we pass £15 today maybe, who knows but £16 is around the corner.
Zaman2515
US fall may not hit commodities as hard though as NASDAQ overpriced and tech weighs heavily on Dow
That said it’s hard to see the logic for a run up in short term despite Brent futures being up 3.9% as I write this
As I’m holding longer term I’ll buy on any dip but your point about events coming after the close is a goos spot and if money goes into Bloomberg $ it might start to soften OP
If we do see £15 it’s months before I was expecting it
Not really. Tomorrow it's coming down to 14 again. Please see what's happening in New York stock exchange.
I remember last year the Saudis vowing to burn oil shorts. Doing a fine job of this at the moment. £15 next barrier
Closing at £14.66 and hopefully £15 tomorrow
Amazing no change at OPEC+ output unchanged.
Oil jumps 5%. RDSB over $41