Member Info for Harmonica

Perhaps the market has got used to certain events. Maybe it need a bigger bang to shock them?

22:40 BST

Sky News reported that sound of explosions heard in Iran...

Has stated that the USA will hit Iran hard tonight.

Iran said that it would respond agajnst US interests if that happens.

Oreilj,

That uncertainty should be boosting the price of crude!

Mimillasa,

Why are you so sure?

David1960,

Yes, I am underwhelmed by the market reaction. Seems to be too optimstic or blasé.

Following the downing of a US helicopter by the Iranian military, the US has hit parts of Iran as an act of revenge.

Meoryou,

What signs?

That Brent crude futures have fallen so much tells me the opposite...

Spights,

???

At 05:38, it is above $99.

I expect BP to open up on first trading.

Looks like it is opening up: $97.80 per barrel.

I have just seen a headline where the BBC website states that Iran has launched missiles towards Israel.

I suspect that any thoughts of a peaceful resolution can be parked. For how long? Might the Iranians drag this out to the November mid-terms in the USA to weaken President Trimp?

Was that the role of the Chairman, a nin-Executive?

Regardless, maybe he did the right thing, but his authoritarian style was the wrong way by modern standards

In effect, those are 290m shares that will be taken out of the supply of shares, at least for a while.

Why has it biught so many?

1. Sees BP as undervalued?

2. Attracted by the dividends?

3. Sees it as a good defensive stock?

4. Expects a takeover play?

5. Rebalancing its portfolio?

6. Wants to influence the Board of Directors?

7. Attractive vis-a-vis other oil and gas stocks?

Anything else?

'A Tool-maker's Son'.

Brent crude oil futures back above $100 per barrel.

Not sure why that post got posted three times!

"If".

I am NOT holding my breath either for a bid or a bid at that level.

"If".

I am NOT holding my breath either forna bid or a bid at that level.

"If".

I am NOT holding my breath either forna bid or a bid at that level.