Member Info for chilting

I was speaking to the driver who did my delivery this morning, we was very upbeat, they have been very busy even after Christmas, he is doing 10 hour shifts and they have another new home delivery van at the depot.

I was speaking to the driver who did my delivery this morning, we was very upbeat, they have been very busy even after Christmas, he is doing 10 hour shifts and they have another new home delivery van at the depot.

I think that the market is expecting an increase and has already priced it in - hence yesterdays fall - hopefully this is the bottom.

We could maybe see a average rise of about a dollar a month through 2021 as OPEC+ gradually balance supply and demand and walk the price of Brent up.

If OPEC+ can basically fix the oil price it would bode well for 2022 onwards as supply starts to fall behind demand.

With the OPEC+ meetings scheduled every month I can see a sort of pattern developing.

We are basically in a bull market for Brent that will probably continue throughout the year so momentum will push Brent up during the month until the OPEC+ meeting, then the momentum will be halted and reversed by OPEC+ members when they announce an increase in production.

So, the year will be a positive one with demand and supply increasing in balance - but Brent will probably only rise slowly.

A resilient start to trading - just blue.

I just clicked onto Ocado.com there was a Virtual Queue of 7 mins to enter the site.

Send in the bailiffs - we will take Clair Ridge instead of the service charges - now that would do wonders for the SP!

This is an interesting read - curtesy John Lewis.

https://www.licensingsource.net/2020-the-year-that-changed-everything/

News from Primark here - they were closed during the November lockdown and took a very big hit - but they talk of good pre-Christmas sales.

https://www.licensingsource.net/650m-sales-hit-for-primark-from-latest-store-closures/

We seem to have seen the whole of 2020 in the first trading day of 2021 - we finish the day business as usual for Ocado with a full lockdown expected.

All falling back now - Johnson on TV tonight at 20.00GMT.

Johnson on TV tonight at 20.00GMT

This may be the reason???

https://uk.reuters.com/article/uk-iran-tanker/south-korean-flagged-tanker-seized-by-iran-media-reports-idUKKBN29918X?il=0

We should expect a glass half full update, that probably won't do much for the SP.

With another lockdown pending, I think that the expected recovery has been put on hold for retail until April-May.

38k-40k per day over 2020 is about right - fingers crossed that we don't get too many weather delays this winter.

The hook-up has completed and SN is on her way to Scapa Flo - from the timing it looks like a circa 500k load.

it just needs that spark Jimmy - just be patient.

The last load that was transferred to the tanker Habrut just before Christmas was actually delivered to a bunkering dock in Rotterdam - the original notification was that she would sail to Gibraltar with a probable destination of Singapore.

I guess that there is high demand for bunkering fuel in Europe now as the container ships return to China - we have all heard of delays at European ports.

Habrut is still at Rotterdam but is expected to sail back to Scapa Flow in the next few days, maybe for load 84.

We need something to light the blue touch paper - the flame has gone out for the moment.

A nice turbo charged start to the new year - fantastic!