Member Info for bransonbull

https://oilprice.com/Energy/Crude-Oil/Is-The-Oil-Collapse-Over-Already.html

My view is the worst is past and demand will continually creep back up..

Only 20p u will get is when TLW gets back to £1.20

I've said £1 by xmas and i stick by it. Do not take this post as investment advice...

Great. Good for climate?

Demand destruction to be met by supply destruction...balancing. welcome to the oil market

i'm not yet in ....worry - deadcat bounce from 32.5 - 36p now back to <33.5p

will be interesting to see open...

withdrawal of guidance and paragraph on potential funding are the negatives. But +'s around the branding & factory reopenings.

I'm waiting until results b4 dipping toe in. If results not great due to COVID, could see an early drop? But interesting investment proposition on econ recovery in 2021? I've no position so neutral on this!

possibilities:
1) sbdy got wind of asset sale or farmdown?
2) shorts closing as bottom reached in POO
3) both
Odd for TLW to be up on a down day for Brent

I predict it will be Monday tomorrow

https://oilprice.com/Energy/Crude-Oil/Goldman-Sachs-Oil-Demand-Could-Exceed-Supply-By-End-May.html

Well, well, well....

With Brent down, i'm happy with a minor down day, as i'm looking to top up...long and strong...

Brent 31.77 not far off our B/E is it, with 60% hedged at 57 USD in 2020

"I am very surprised to see people willing to short in current situation. I respect professional traders but technicals dont work in current situation. You dont have to be professional to understand what is happening. Its 6th of May and I already spent as much money on gasoline as I did in whole month of April. My personal opinion is the price range for May is 33-37 and that's where we are heading. There might be small corrections but thats it. GL to everyone with their trades!"

...turn up. Welcome to the BB, Odey and Marshall's interns...

Adam. Welcome to the BB. Good luck with your investments.

Try to close now?

Once it goes, she will blow...

I wouldn't worry about the auction...the shorts will be closing sharpish

it was the time to accumulate. Now having prob. bought their longs in Brent at 16 USD they are pushing upgrades to WTI and Brent...learn from 2016. TLW will be £1 by Xmas XXX

Laid back, agree Brent is in real trouble.. down 8 cents .,..