-India have the LARGEST ever cov-id total for a day (or claimed to be if you believe it) -Apparent emergency situation in India becuase of the cov-id -Biden commiting to cut 50% of greenhouse gas emissions by 2030 (Hugely bearish but no effect on oil price)
That tells you brent is extremely bullish right now, only way is up, to $70 and beyond by end of the month
RE: Every board has its village idiot22 Apr 2021 13:57
Hey , Excuse me, if anyones the village idiot , its me!! i am also a prophet here. I said $72 oil by end of april. and $72 we will see. Massive escalation of violence between israel- syria could cause a short spike in oil prices
RE: North Sea is only one piece of the jigsaw20 Apr 2021 15:06
blah blah blah, same old **** under a different company name, the only thing which will make this oil company profitable is sustained $70 brent, and non-******ed directors who don't hedge all oil at a ridicolous low price
The only problem is, harbour directors are ******s and decided to hedge the majority at like $55 was it? we will never seen those profits because of that
Rockylee, can't get rid of me, i am the god on this board, and therefore infinite, cannot be created or destroyed, ive been here and will always be here
With brent nearing $70 again......................................PMO was nearly 40% high in SP in March, when brent was about the same price in March...........so how is this SP fair atoll? Especially as we are now at the tail end of the pandemic and brent has momentum going into summer