Member Info for January2

We have seen the last of sub 10p.
I think we could here some news in the coming weeks about AB's shopping trip.

Description from the Childrens Cartoon Series - Quote ;
"Ammu is a children cartoon film series. It follows the daily life of a little girl Ammu. Ammu is generally a nickname given to little girls."
Sorry Sweetie , now I know, I will be kind to you ! Best of Luck with your Ftse. I also hope POO trashes next week so you can buy some here too ! xx

What a load of rubbish !
A vaccine is about to be launched here in the UK and the US. When it hits, the markets will bounce.
Doctors surgeries across the UK have been told to be ready to begin vaccinations from early December. Watch what happens when that is confirmed in the next week or two. Any pull back in POO can only be "short lived" .
US stimulus package to be agreed before Year End. OPEC likely to roll-over production cut backs.
Nah we are good thanks !

Ammu - On youtube, really a "sheila" .
Must see;
https://www.youtube.com/watch?v=h6jkSfPT35A

Good old Captain Pugwash.
I can see that Spin. Was there a Mrs Pugwash ? Or was this in your singleton days ?

"Flob a dob..." -

Sounds like you have a cold gkb47

Those were the days, Spin eh !
Highly intellectual TV. Full of moral fibre.
These young guys now wouldn't understand it . Would go "way over their heads" !
Sadly these programms were not translated to Swedish. So you chaps from Sweden won't understand anything Spin and I are talking about ! That serves you right for posting linkes in Swedish that we can't understand !
ge oss en kyss
JAN

"Sweep" was always a bit naughty. wonder where "Sooty" is ?

My first point is that AB will/is attempting to cut a deal, in the North Sea or Malaysia, that will add value to Enquest. If it happens, then we could hear news before Christmas.
Secondly and most important is POO. Well simply it boils down to what you belive will happen vs supply and demand ! Looking at demand first. It is not likely to fall any further than what we see now. Doctors surgeries are being told to get ready to start to give the vaccine against covid19, maybe as soon as December. As the vaccine rolls out in 2021 across the world then Oil demand will climb.
As for supply. Seriousl damage has been done to the World's production by having POO so low for so long. Take Enquest as a tiny example. Even we have shut down some expensive end of life production that we will not see come back. This has been replicated across the world. Not to mention the huge decline in US production which is still falling.
I believe we could have serious supply shortages by H2 2021.
All the best from a
"Stale Bull"
I quite like that

I think you will find Biden will do it. On 264 now , only needs 6 and little ol Nevada should do that. Sadly Bye bye Trump. I enjoyed the show, funny at times and he did keep his promises.
As for the senate gkb47. Still 5 seats to declare. Democrats are currently +1 and only now 1 behind the republicans.
If they flip just one more then the republicans lose control of the senate. I guess being an analyst you knew this anyway !
We have a therapist and now an analyst, can I be a theorist ?

8m draw down this week, looking better.
Also the US crude oil total inventories are down to just 7% above the same period last year. They were well into double digits a few months back. US glut is falling nicely and that's without their economy "firing on all cyclinders".
Hopefully oil demand will outstrip supply during 2021.

Great post Therapist
You have eyes and ears everywhere ! Are you getting help from above ?
Can you sprinkle some fairy dust over gkb47 for his glass has turned half empty when it was half full.

gkb47,
My "about right" refered to the 60k bpd which would be achieved if you add-in Malaysia and add back the one weeks lost production from Kraken. Which I thought was quite clear in my post.
From memory Kraken was shut down for a week in August which would account for things. Magnus maintainance ?
Best wait for the full facts, and or September numbers before we start useing words like "awful".

gkb47,
Production Figures Seem about right !
You have to add Malaysia to your figures and account for Maintainance shut- downs during August. Do that and you should clear 60k bpd.
All the best
JAN

P.S. - The article that you posted earlier ! My bet is it was written by a Trump supporter attempting to "scare" voters in the US oil and gas industry. It clearly looked like a political article to me !

Yep, I think we are moving around the bottom now .
It feels like the bottom ! I have seen lots of bottoms before and am sure that this is it ! We should bounce off the bottom soon !. Some bottom bounces are bigger than others. Here's to finally leaving our bottom behind.

Hi Spindok,
I was out today too. I had my mobile phone with me so I could ensure that I did not miss any of the pain !
Funny thing. I was in "Greggs", you know the old folks bakers, for Lunch. I bit into my cheesy puff pastry and thought of you !
- We never did meet up for that bicycle ride. Maybe in the spring ?
All the best
JAN

P.S.Don't forget my birthday in January ( 58 ) . Cards and a cheesy puff pastry always welcome.

The high of the day.
You just can't keep a good dog down !!!

romaron,
I hope so. $15 sounds great. Gets us to $53.

romaron,
With respect this Art Berman is not really that clever !
Even an old fart like me can see in 4-5 weeks
- The election will be over
- Congress is likely to have agreed an "Aid" package for the US economy
- More excess oil will have been used across the globe
- A vaccine for coronavirus is most likely to have been launched, Trump was trying to get it before the election.
ALL this will add $5 to POO , NO problem !
Art Berman is just telling us that the "The grass is green".

Trump needs to win !
As president he is protected from prosecution. If he loses the election then expect to see the "Law" come after him. The only reason that they stopped prosecution before was because he was president. I believe he will be prosecuted in the months following him losing the election. And possibly Ivanka too !
However Trump is working harder than Biden in holding a huge number of rallies. They worked before, can they work again ? Its not the people at the rally, its all the TV play he gets every time he does a rally ! I am sure his message "brain mashes " many Americans as it is played and heard so many times on American TV.
I would prefer to see Biden win, however I think Trump will pull off another surprise win ! The momentum is moving his way.
In addition to his "Vocal" loyal supporters he has an "underground" of support from people that are very quiet about there support for Trump. These people agree with Trumps views but do not say so in public or talk about it, for obvious reasons !
I fear there are many in this camp !