Member Info for Harmonica

Thedetector.

That should be 'Banbury's comment', NOT "Banburys comment" (sic).

Your wife has not rewarded you wuth homemade pizza due to your knowledge of the rules of English grammar then̈!

Oh, and it is 'Poretti', NOT "Porretti" (sic). You only had to read and copy the brand name! Tut, tut! You are most definitely NOT the "best"! Were you being ironic?

Thedetector,

You have shown why it is dangerous to label another person here "a twit" and question their level of IQ, when in the first word of the very next sentence, you display your own foible in the use of English grammar! That should have been 'Trump's', and NOT "Trumps" (sic).

I suggest that we all stick to making our arguments, and keep the ad hominem attacks off this board.

TheDetector,

Yes, we are likwy to need the USA at some future point. However, we are less sure that the USA would be there for us.

Brent Crude futures are at over $74 per barrel at 23:29 BST.

Wolfiebill,

Presumably you would make a gain in the transfer? Are you able to keep that capital gain below £3,000 to pay no CGT?

Not sure how the price of oil would ever reach $20 per barrel! For it to get that low, the oil producers would have to be sellingnit at that price! Why would they want to do that if each sale made them a loss?

Konan, DID the West createnthe State of Israel? I thought that it was taken over by Jewish groups as the British left the area?

A general question: what is the typical length of time, for BP, between going Ex Dividend, and then Cum Dividend again?

I had never given it any thought previously, but unless I am mistaken, IAG went XD today, June 25th, and the dividend payout seems to be just four days later! Isnthat correct?

What thought processes go behind determining how long to make the period from XD to Cum Dividend?

Breakofdawn,

I have cut my BP holding hugely,reinvesting elsewhere. I shall keep my small holding of 4,000 shares, but I should consider going back in if/when crude prices fall below $70 per barrel.

My gut feeling is that this Iran busness is nowhere near over, and there will ge many crises along the way.

Breakofdawn,

I have cut my BP holding hugely,reinvesting elsewhere. I shall keep my small holding of 4,000 shares, but I should consider going back in if/when crude prices fall below $70 per barrel.

My gut feeling is that this Iran busness is nowhere near over, and there will ge many crises along the way.

Clued,

No such thing as "perfect knowledge"! If it were a requirement, then nobody would ever do much.

Jamtart1?

I never called Trump what you wrote. I was responding to someone who made that comment.

Do keep up, please.

Jantart1,

Why the insults? Did you not understand my response to David?

david 1960,

*lets face the facts: trump is a gormless tw--t,

nothing has changed in that respect, so no market movement because of it

*the straights are just about closed and in pure turmoil,

but as the straits are o*****h, then this pushes down the proce of crude oil as more supply is envisioned in the marketplace.

*there is no genuine peace agreement,

sure, i agree, butnthe mou is a step towards that, so this pushes down the futures price of cride oil.

*they are still fighting like crazy in m/east,

so what has changed? where there is fighting therenis no oil production.

*but oil is cheap,

is it? the futures price has fallen, but is still above where it was before the iran business kicked off. what i want to know is what has happened to the price of oil in the spot market? has that fallen much, if at all?

*why is it not up over 100??.

if you mean the crude futures market, it is because traders see that or hope that, things are now slowly heading towards normal. whether that holds true for long is very debatable!

The futures price gapped upwards.

At around 23:15, it is $82.304 per barrel.

Promising for the opening price of BP on Monday morning.

DickLaw,

I am surprised that there would be so many available to buy in one hit like that! That would be around £35m!

Why is BP up? Why so much, more than Shell?

Jakers,

Yes, I can see BP falling in the morning opening. However, other stocks, like IAG, will go up to hedge the problem for me...I hope!

At 23;20BST, the proce per barrel has falennto: $85.666.

The US is not part of OPEC, so I am not sure what influence he has over it.