Member Info for EmeraldCarrots

the massive drop in the price of oil Friday and today.

Brent crude is down to $83.22 which can only be EXTREMELY GOOD for all industry.
Just shows how nuts the markets are if you ask me.

LloydsActuary.
This article says when Brent was $101 it accounted for 24% of airline operating costs so I disagree with your post. Have a read.......
https://www.iata.org/en/iata-repository/pressroom/fact-sheets/fact-sheet---fuel/

Fantastic news for just about everyone!
Sea cruise Co's and Airlines especially! Massive fuel savings!

Fantastic news for just about everyone!
Sea cruise Co's and Airlines especially! Massive fuel savings!

Trello.
Takes 5 to 8 days to affect the costs at the pumps in my experience.

for just about every business and everyone!! You would have thought the FTSE 100 would be up a load, not just 0.18%. How odd!
Airlines and Sea cruise Co's will particularly benefit IMHO.
Sub $90 Brent crude IMHO is in the "normal trading range" so to speak.
Very, very good news.
All IMHO.

I believe the pent up demand since the covid restrictions were removed means passenger numbers will stay strong over xmass and beyond.
***RESULTS THIS THURSDAY***.
All IMHO.

warming to Petrofac.

actually within what I would call the "normal" range for the price of Brent crude.
I think British airways hedge about 60% of their fuel, of course this means the other 40% floats with the market.
I think 17% of airline costs is fuel!
Big savings.
All IMHO.

plus Brent crude is down to $86.90. That is IMHO just within the "normal" range for Brent crude. Big savings on fuel costs.

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ut is an uncrossing trade to square the mm's books I think. Thus irrelevant.

. The avarage price since then seems to have been roughly $92.

One more thing.
The % up or down shown for a share is not necessarily what is seems.
Another con?
The problem is the mm's (market makers) are like used car sales people. They will ask the price they think they can get. So what is the problem?
The problem is if they up the ask price it changes the % (the spread).
Therefore they can manipulate the shown % (up/down).
It can sometimes appear that a penny shares price has gained a big %, when it has gained but no-where near the % shown on the screen.
The only price you can be sure of is the bid price. You will receive that or possibly slightly better when you sell.

All IMHO.

Ok.
As I understand it very large trades (whether buys or sells) are NOT reported (as in shown on the trades lists) for up to ten trading days later. This, as extracover says is so no-one sees a huge sell and acts on it, same with a huge buy.
Yes, we are being deceived to some extent. The LSE says it is necessary for market stability.
So these big trades could have been done 10 trading days ago, or 9, or some 4 days ago and some 9 days ago.
They could also have been done the day you see them.
So the reason I laugh is you have next to no chance of throwing any light on the trades and it is a waste of your time I'm afraid.
All IMHO.

I was just thinking on how on Earth the Russian invasion of Ukraine might be solved.
The only possibility that might have worked in the beginning was if Russia pay Ukraine for Crimea and those areas of the Donbas where the majority of people who live there want to be Russian. There would have to have been a UN supervised vote in those areas. The cost would have needed to be billions and Russia say pay over 20 years or something like that.
Trouble is now Russia (with the recent massive missile bombardments) has caused billions and billions of pounds worth of damage and killed maybe 50,000 Ukrainians not even that will work now. I honestly cannot even imagine Russia and Ukraine coming to any agreenent while Mr Putin is still in charge now or even in years to come which is extremely sad.
The West will fund Ukraine for as long as it takes of that I'm sure. I should think Russia will eventually really start to see the effects of the sanctions in the next 12 months. Mr Putin will have the population of Russia (including military) questioning why they invaded Ukraine and why their standards of living are falling, probably a huge amount. I have read things like spare parts for Boeing Airplanes and the multitude of other computers/machines in Russia that have Western parts will cause more and more problems in as many of these parts they simpy will not be able to replace rendering the machines useless. Already thet are cannibalising Boeing planes so that others can still fly.
The most likely outcome in my opinion is Mr Putin will step down, then Russia may possibly keep the Crimea, loose the Donbas and have to pay massive compansation to Ukraine for decades to come. That is the only outcome I can think of other that the war carries on for decades which frankly is more likely IMHO. All very bad.
All IMHO.

CCL showing up 1.7% o NYSE at the moment.
Hoping for a move North with the sp here to around the £7.50 mark, which is about 4%.
The drop yesterday was ridiculous IMHO, considering what it was all about......... borrowing money at a cheaper rate to pay off a previous loan at a hight rate!
All IMHO.

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Bhants.
As you say the money beng raised in the RNS out Wednesday was at a seemingly lower interest rate than some loans taken out previously during Covid, so one might think that news was good (paying off the old load with the new) . The market did not agree, obviously.
We await confirmation the offer has been taken up. Maybe this "uncertainty" factor, however small is what caused the plunge. Hopefully once we get that confirmation the sp will go back to over £8.00 (currently up 1.7% @ £7.23).
Note before the RNS the sp was moving up at quote a gallop, so one presumes the Sea Cruise industry is still doing well as it should after no cruises for the best part of 2 years!
All IMHO.