Member Info for Ammu123

Genel needs to stop production ASAP
NO POINT selling oil when you won’t get paid for it or there are no buyerS...
They should wait for oil to go back to 40+

Brent at 24.65
What’s pmo’s breakeven ?
How much cash does pmo has left?

Will they rns it?
Will they close the production?

So you knew about coronavirus before ? Lol

#OOTT The Unthinkable Is Happening: #Oil Storage Space Is About To Run Out | Zero Hedge

#OOTT The Unthinkable Is Happening: #Oil Storage Space Is About To Run Out | Zero Hedge

#OOTT The Unthinkable Is Happening: #Oil Storage Space Is About To Run Out | Zero Hedge

Charts looks bad

Surely we are not gonna see the recent low of 50’s again ?

7p surely not sear?

Why so low ?
Unless Brent totally collapses don’t think that’s gonna happen

Mines 14p

That is some ramping here

Yeah Bloomberg with all scaremongering articles today:

In physical oil markets, barrels are already changing hands for less than $10.

Not sure how low they want oil to go

What if krg can’t pay genel this year? How long can genel produce of it stops it ?
I know they have a huge cash pile however what is the point of producing something if you know you won’t get paid for it ?

Could be to do with HUR opex which I think is very low if I am not wrong however yeah rre is very undervalued. Just need to poo to behave

Good for you bfath. I hope it works for you. Just ready an article on Bloomberg this morning.
“In physical oil markets, barrels are already changing hands for less than $10”

**** that can’t be true right ?

There is no way this is going to £4....

Bfath so you down on your last trade ? And hoping for trading update to save you ?

Oh so you bought back in now bfath ?