Member Info for Callum28

"Oil in 2nd Weekly Gain as Money Floods Commodities "

https://uk.investing.com/news/commodities-news/oil-in-2nd-weekly-gain-as-money-floods-commodities-2301750

Oil and gas sectors gonna get hot

I think your right on.tjose lows of 60
Gla

Such a fun board ;)

https://images.app.goo.gl/EqDdKR7roonN7d3fA

https://uk.investing.com/analysis/the-future-of-oil-market-demand-keep-an-eye-on-indias-energy-consumption-200456280

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Who knows

Gordon
I don't know you but I feel.your pain.
I've been in oilex a long time and to be honest the stress a few years a go made me very sick .
It got really bad .
But I learnt adapted and moved on .
If oilex comes good (which I think.it will ) then great.
If we are stuck here for another few weeks then so be it .
I'm not giving u bull**** I'm just telling you truthfully.
As I said a few days ago a share I though was dead woke up .
A friend of mine has an average of 1 and half p in.oilex will he ever get it back I don't know but for now aI try to focus on positives .
Armour sale was good as it gives us cash flow and staves off bankrupcy
Commodities seem to be on the up for 2021
India energy demand in oil and gas will carry on in 2040
We have one of the last drill permits in the Irish sea and there are 23 million homes in UK with gas boilers so even with energy transition we have a future there.
INDONESIA is a bonus.
Stay safe

https://www.bbc.co.uk/news/topics/cmjpj223708t/oil

https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f

https://www.reuters.com/article/us-metals-supercycle-ahome-idUSKBN29A1QM

https://www.theguardian.com/business/2021/jan/10/green-economy-plans-fuel-new-metals-and-energy-supercycle

all saying the same thing

If oilex can sort the S**t out then we are well placed .

Chill !
Gla

I used to use interacative investor a long while ago but left them
use a few accounts X-0 ,fineco
Saxo bank for Main uk caps and us ,expensive but the spread are really good and no NT crap
Funny enough you made me chack an old acount with I web guess what my ECR trade which had been down 85% for years is now in profit.
Its a funny old world and just goes to show you if you wait long enough some shares do recover :)

GLA

Fridays volume was 174 million in lse
ASX volume was 3.8 million the highest in a few weeks
Lse is a world apart from Asx trying to compare them is difficult
http://uk.investing.com/equities/oilex-ltd?utm_source=investing_app&utm_medium=share_link&utm_campaign=share_instrument

At that volume Asx is a. Bit odd to me I mean when we resolved the dispute with GSPC in sept 2019 Asx Vol was only 12.5 m
Highest volume for Asx was 103 million in August 2020 for some reason.
Trying to guess anything from Asx is difficult.
Last time I invested in oilex I played around on ASX ,I found it very illiquid.
This time I won't bother LSE is where it's at for good or bad.

Gla

Volume34,822,225
Isn't that twice Fridays volume ?

Morbi ceramic cluster: Gas price raised by demand continues to go up
Feb 08: Gujarat Gas has rolled back the discount given in the fist half of 2020 to its largest demand base, the Morbi ceramic cluster
8But the rollback was rescinded in December and a price rise was imposed in January after alternate spot LNG based supplies dried up
8All of this has however not dented demand
8One new ceramic cluster in fact is now coming up

Didn't we have a low.pressure feed to a local company of 73 and 77?

“A gas-based economy is what India needs today,” the Prime Minister said, noting that the ‘one nation one gas grid’ programme was aimed at meeting this need and that the government was focusing on bringing down the prices of natural gas besides developing the natural gas pipeline network.

https://indianexpress.com/article/business/a-gas-based-economy-is-what-india-needs-today-pm-narendra-modi-7178993/

time since February 2020
Good morning, and welcome to our live coverage of business, economics and financial markets.

Demand for oil slumped at the start of the coronavirus outbreak, but it appears to be back, as prices broke through the $60 mark for the first time since the extent of the pandemic became clear.

The price of Brent crude oil futures, a global benchmark, rose to $60.06 per barrel on Monday, edging beyond the mark set on 20 February 2020, shortly before markets went into a tailspin.

Support/Resistance Levels Price
52-Week High 0.199
Pivot Point 3rd Level Resistance 0.127
Pivot Point 2nd Level Resistance 0.116
Pivot Point 1st Resistance Point 0.108

Once we break .20 then we will have a breakput

Only those who dare to fail greatly can ever achieve greatly.” - Robert F. Kennedy

I've posted on Reddit !
Proud of myself !
R/ukinvesting
Gla

I doubt we will get a price for field sale
But as per this article
Reliance Industries Ltd (RIL) said it has agreed to sell its entire 70% stake Gujarat’s Cambay Basin block to Dilip Shanghvi-promoted Sun Petrochemicals Pvt. Ltd (Sun Oil and Natural Gas) for an undisclosed amount. Reliance has a 70% participating interest in the oil and gas block CB-ONN-2003/1 (also called CB-10) while BP India holds the balance 30%.

The sale alone will indicate value

GlA

I made some money and re invested
But then I lost some
I at the.long game
Right now I'm flat or there abouts on this particular share
But I'm gonna hold untill first drill
In the words of a star wars fan
"I have spoken "
Gla