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IMO 2020 could cause Brent price spike to $80/b by end-2019: Platts Analytics London — The oil market is likely to tighten further in the second half of the year due to further supply restraints and relatively healthy demand, with IMO 2020 potentially pushing Brent crude toward $80/b by end-2019 S&P Global Platts Analytics believes the market is relatively tight in terms of the supply and demand balance and that it's likely to be only a matter of time before that is reflected in global oil prices. https://www.spglobal.com/platts/en/market-insights/latest-news/shipping/061219-imo-2020-could-cause-brent-price-spike-to-80-b-by-end-2019-platts-analytics?utm_source=twitter&utm_medium=realtime&utm_content=shipping&utm_term=news&utm_campaign=webed&utm_source=hootsuite&utm_medium=twitter&utm_term=plattsshipping&utm_content=5743d520-70ec-48cb-9960-832ef179b1ae&utm_campaign=hootsuitepost

Making cash is a understatement. They were a profitable company two years ago and that was prior to the launch of the different branches that we have seen this year.

The game was launched at the egx last year, and is up and running at one of the largest shopping centres in the UK. The PlayStation and Xbox release which will truly be a game changer for this ‘experience’ aspect of dev clever is expected to happen before end of Q2.

The cloud based launch of the engage platform this year, and with the recent business it has received, is a solid indicator in to the strength that this company is at, at this moment in time.

Just Group (JUST: LN)

12-month performance: -65%
Insider activity: Bullish
Buying pattern: Purchases from three non-executive directors
Recent news: Recently announced a new CFO

Just Group is a specialist financial services company that is focused on the UK retirement income market. Its products include defined benefit pension de-risking solutions, flexible pension plans, equity release mortgages, and insurance. The stock is listed on the London Stock Exchange and currently has a market capitalisation of £510 million.

Just Group shares have had a poor run this year for a number of reasons. Not only has the Prudential Regulation Authority’s (PRA) recent consultation on equity release mortgages created uncertainty for the group, but it was also forced to raise debt and equity in March in an effort to strengthen its balance sheet amid changes to capital requirement rules. Additionally, the group has been without a permanent CFO since October 2018, and CEO Rodney Cook announced recently that he would be stepping down. Year to date, the stock is down 46%.

Source: 2iQ Research

Looking at recent insider transaction activity, we think Just Group shares may be oversold. We say this because in the last week three non-executive directors have purchased shares in the company, which suggests that these insiders expect the shares to rise from here. With the company announcing a new CFO this week and multiple directors buying, we think Just Group has the potential to move higher.

If this carries on oil will be back over $70 there is a definite escalation in the Gulf here.

As far as Opec is concerned, "a rollover is almost in the bag," al-Falih told reporters while attending a business conference in St. Petersburg, Russia

It’s inevitable that this company will go on to achieve 100m plus with ease. Operationally there is no downside or risk here.

It’s only been 3/4 months since they listed and less than a month since all 3 branches of dev clever have officially been launched. And in that short space of time they have already tied up deals with the likes of Pepsi, britvic, fruit shoot and partnered with major companies such as oracle. What is more important is the direction the company is heading in this early stage and where it will end up going in the next 6months to a year. Major global brands and blue chip companies do not do business with any old company.

The most important thing is that this company as opposed to many other tech and VR/AR companies is actually revenue generating, once the market catches on to the potential over the next few weeks/months this will have a move up to the 50 to 100m range very quickly.

Good times coming!

Brent $62 / DOW +300 points

The US imports have apparently been heavy and medium crudes. US storage is awash with light grades. They are desperate for heavier crudes to blend with light shale. We may well see a more distinct price separation between WTI and other benchmarks. Crude quality matters.

DOW futures up over 165 points

Last week API reported crude down 5.3 mm barrels EIA went on to report them as down 0.3 mm barrels

They have also paid another $50 million of the loan back outside of the net debt reduction. The Group's credit facility was reduced to $680 million in April. Having repaid $125 million of the required $175 million scheduled amortisation earlier than required, the final $50 million was paid as scheduled.

They have also paid another $50 million of the loan back outside of the net debt reduction. The Group's credit facility was reduced to $680 million in April. Having repaid $125 million of the required $175 million scheduled amortisation earlier than required, the final $50 million was paid as scheduled.

Average production at Kraken 33,000 boepd which includes a few weeks prior to DC4 wells coming online. But we know from the Cairn interview it hit 45,000 last week. Can only see this Kraken average increasing over time. Magnus once again is surpassing expectations a valuable addition to the business.

Solid update. Production at the higher end of guidance. On track for a net debt:EBITDA ratio of less than 2x if the recent oil price environment continues.

The Physical Oil Market Is Screaming Undersupply May. 3, 2019 6:38 PM ETBNO, DBO...45 Comments25 Likes Summary Brent timespreads are screaming higher indicating the market is in a major supply shortage. The Brent 1-2, 2-3, and 1-6 timespreads are saying the physical oil market is very short barrels. In fact, the 1-6 timespread is saying the market is in the biggest-shortage-this-cycle. WTI 1-2 month remains weak while 2-3 month is nearly in backwardation. The US market tightness is literally right around the corner. But this doesn't mean we are going long UWT yet as we are still waiting for technicals to bottom out. We are seeing quite the radical divergence between flat prices and physical timespreads again. This isn't the first time this has happened, but if the past is any guide, then it's only a matter of time before flat prices move up alongside physical timespreads. Our view is that if the Saudis are focusing their attention on flat prices while physical timespreads are saying Brent should be $80/bbl, then Saudis' actions will only further enhance the tightness in the physical market which will then inevitably translate to higher oil prices down the road. In addition, everyone's focus appears overly fixated on US crude storage which has been bogged down by disappointing refinery throughput figures and unexplainable adjustments. Next week's early estimate shows a draw developing and depending on the throughput, the size of the draw varies. https://seekingalpha.com/article/4259864-physical-oil-market-screaming-undersupply

Thrown the kitchen sink at this... even the taps ;)

Institutions got their ‘head’ for the left field placing. Now leaves the company open to a takeover at a premium with institutional backing IMHO.