Member Info for hasiba

Agree with surreyscot...
But the “useful idiots” got it wrong again...

We need to sell Gas....
This is more important than oil for G....imo
I hope krg and G will speed up their negotiating agreement..

WTI Texas price reflects the technical and supplies difficulties as the usa reserve tanks are full then add SA recent gigantic cheap oil shipments to the usa!
Their oil has no where to go or sell!! Total chaos and productivity destroyed...lots of shale bankruptcy are expected soon...watching rig count eagerly!
Brent oil seems ok with ever wider gap.

foodforthogth ..your post on 27/3/2020..
“ 27 Mar 2020 12:22
The problem for me is The KRG were having problems paying back in Nov & Dec when PoO was in the $50 and above...If they had problems then , then they aijn`t going to be paying now with the present shenanigans. I'm out”

Then you sold recently at SP of 89p so why you are bothered now..!

The market is pushing the SP up so your interpretation doesn’t reflect the market views!

All already priced in but now it has been clarified...from uncertainities to clearer path..
SP is going up now!
Sp already has been deeply discounted Mainly because of this known krg payments issues..
Nothing new..

Good news bunks...

And Brent on 3/12/2001 was at $27.10 then oil price started to reverse upwards to $140 on 2/6/2008!

Crude price now is at its lowest since 3/12/2001....!

Yes...bunks
So hopefully we are near the bottom...
I don’t solely believe in charts but it’s a useful tool when you take with the crucial fundamentals ..or good to use in day trading which I don’t do.
We just want the oil to play right and stabilise.. but no fears as I don’t accept that oil price can stay very low for long...historically oil price bust always be followed by oil price boom and more crucial now than before ...
So I am shifting to oilers as I did with mines when they were in bust cycles many years ago ...
Money always moves from the impatient to the patient investors by the market machine as per WB..
Patience is required and let’s not forget we were at 56-57 p a few weeks ago ,so we have risen massively since then!
“There are still reasons to be cheerful “

When looking at the latest trades, it seems the stop sell order bottom was triggered at 103.4p...this may explain the deep drop of today..

Resistance at 99.8p so below this I might dare to add?
Oscillator moved to buy after the closing today...
So hopefully not much left to go down from here but more up than down...

Just picked a few more!
Well tomorrow another day in this Casino...spin the wheel guys...

Well...the elephant tripped..minor accident..too heavy to lift but tomorrow another day..
Just added more pmo...after selling more BioPharma..
Oilers at discount..yes very painful but we had been here before and worse 2016..
Bargains abound...

I never knew the Elephant can run this fast after a bad fall!
Go on beautiful!

I could hear the elephant walk! Though not running yet..
Warming up guys...
need a push for my noisy neighbour...stuck in the mud..

It’s all a matter of time but many positives will come out of this..
The solution of low oil price ...is the low oil price!

Anguscott...
Be more considerate....Bishop is 70 years old and needs help for shopping and free to ask us to help...humanity comes first

https://oilprice.com/Energy/Energy-General/Texas-Oil-Drillers-Cant-Agree-On-Output-Cuts.html