Member Info for AlfaMale

OK, thanks.
I just read the UK Navy sent another warship down there, to shortly replace the current one which is due to come out of service for maintenance.

Why, what has happened now??

Interesting read... confirms a lot of recent thinking.

PMO better get that debt paid down quick-sharp!

https://www.bloomberg.com/news/articles/2019-07-11/opec-sees-new-oil-surplus-in-2020-as-u-s-shale-keeps-surging

Archieee, please don't feed the animals.

Cheers TR61 - same to you. I had hoped we would have dipped into the 60's for a bit to pick up a few lower down, but it wasn't to be, what with the strength in oil. Next time!

Still feels like the rise in PMO is muted given today's spike in POO. Still got the shackles on.

Trump:
"Iran has long been secretly “enriching,” in total violation of the terrible 150 Billion Dollar deal made by John Kerry and the Obama Administration. Remember, that deal was to expire in a short number of years. Sanctions will soon be increased, substantially!"

Karmakanix,
Can you please stop making money with your casual 3% here and 4% there - you are showing me up.
:))

Got back in today, lost 1p's worth of stock as a result, but hey ho - oil is looking too strong to stay out (famous last words). Am still concerned on the wider market looking a bit toppy though, unless USA/China deal comes through.

Who let the 'pathetic' animal out of the banned cage?? Same old tripe being peddled in his first post back. What a knobb.

Notice no links to anything the 'pro' oil trader is quoting...

Article heading is just click-bait.

Morning Members!

Where was the tanker headed? i.e. who was buying the Iranian oil?

Naughty naughty!

Andy.Pee - is that you?

What's going to happen to oil after UK market closes?

Any guesses?!?!

TR61, am all for enjoying life more! Good luck!
Yes, lots of factors that could drag this down, but the ME situation could suddenly change things around to the positive for PMO regardless of the FTSE etc.
Need a crystal ball.

All good TR61, thank you. Hope you're well.
Just thought I would point out Pleb's post in case you missed it :)

I am out of PMO since the other day, so will see how things pan out. Hard to call it either way these days. It can all turn on a dime.

I'm concerned at how high the FTSE 100 has become (highest point of the year so far) with PMO lagging behind not having risen with it. Any fall back in the general market would likely hit PMO.

But then there is crude, and that could spike on any negative Middle East event at a moment's notice.

So, to sum it all up in one word for you: CASINO!!

TR61,
Look at Plebs post 3 posts ago!

"average stock on loan is back up to 19.95% in June"

Oil Trader
Would those normal punters then be shorting PMO, with Goldman taking the opposite position, given that Goldman's holdings have been increasing for some time now?

Rhetoric getting hotter.
Israel backed by US weaponry.
Iran backed by 'secret' Russian weaponry??

Could get very messy indeed if things kick off. I just knew Israel would want to get involved.