Member Info for EmeraldCarrots

Brent crude down to $72.52.
It was only in November 2022 that it went below $90.
Before that it was as high as $125.

Does it not!

People!

https://www.reuters.com/business/finance/bank-lifelines-ease-global-financial-crisis-fears-2023-03-17/

https://www.reuters.com/business/finance/bank-lifelines-ease-global-financial-crisis-fears-2023-03-17/

"A German government spokesperson said the current situation with European banks is not comparable to the 2008 financial crisis, adding during a regular news briefing that there is no cause for concern about the country's banking sector."

Testing 123.

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interested in buying failed lenders SVB and Signature Bank to submit bids by March 17..................

Bhants.
The oil price has got to helping a lot now.
I mean $16 per barrel less than in Nov 2022...........
43 gallons per barrel.
1 to 2 million GALLONS per ship.
Assume 1.5 million gallons = 343,837 Barrels.
If it were purely Brent crude (it's not), the saving would be about:-
343,837 x $16 = $550,139. Half a million $.
All IMHO.

Bhants.
The oil price has got to helping a lot now.
I mean $16 per barrel less than in Nov 2022...........
43 gallons per barrel.
1 to 2 million barrels per ship................................................... A lot of money!

it was over *** $90 *** things should be looking up for all the airlines. That is $16 a barrel less now.
Got to make a difference.
All IMHO.

it was over **** $90 **** things should be looking up. Then is $16 a barrel less now.
Got to make a difference.
All IMHO.

DrPatience.
Agree. Good to hear they are fully funded through 2024.
The overspend on the last sucessfull gas discovery was holding back the sp I believe:
"Pensacola could represent one of the largest natural gas discoveries in the Southern North Sea in over a decade.".
All IMHO.

With the FED interest rate expected to be 0.25% instead of the 0.5% maybe the rest will not be too far off.

I bought at £6.64 earlier.
Glad I did.
https://www.cnbc.com/2023/03/15/swiss-national-bank-says-it-will-provide-credit-suisse-with-liquidity-if-necessary.html

fordm.
Well spotted.
I keep reading for a bank is it well capitalised and so it's been targeted unjustly.
Shorters will be taking profits no doubt.
The whole thing makes me sick.
The FTSE ended up down 3.8%, but the Dow is "normal", being down 0.87% and the NASDAQ is UP .052%.
I really hope the shorters get burned.
I see CCL in the USA is down 3.6%.......... here it was down 9%. How frigging daft is that?
All IMHO.

and concluded it was to do with pay awards coming forward. I see now that was only part of the reason.
This "profit warning" together with the credit swiss issue is what has caused the massive 7.6% drop in the sp today. I sold £10k of shares late yesterday (spent it today buying back at lower levels.. WIZZ, EZJ, CCL, RR.) but no IAG.
Brent crude has fallen about $5 a barrel the last 2 days alone which should help plus IAG fly the the USA a lot more than UAL so maybe they are doing better. Also UAL have been affected by the bad weather in the USA loads more than IAG, obviously.
Maybe we won't get a profit warning from IAG. I don't suppose the willl put an RNS out to re-assure the market.
All IMHO.

has sold big time as they need the cash for elsewhere.
The sp crash makes no sense at all.
We have record bookings (see yesterdays rns!) and then cheapest fuel since 2021 (brent crude $72)!!
The sp should be TAKING OFF, NOT PLUMMETING !
We must be in for a massive sp bounce IMHO.
All IMHO.

SO THAT IS WHY THE SP IS DOWN 7.8%. I thought I was going crazy for a minute there. LOL!
t o t a l
insanity.