Member Info for JAS78

Just Trump playing the market

Trump is just an old man muttering to himself in the corner has an appalling knowledge on world affairs and the attention span of 5yo, Israel will decide when this war ends

It won’t be the day after Iran appoint a new leader, Iranians will call a huge victory over US and Israel, they will have parades in the streets, they can’t scarper away yet even if they now know this war is far too expensive and unwinnable.

When Labour are removed, and hopefully a party with British interests are in place I do wonder if Miliband can investigated for the ‘peculiar’ decisions that have left the UK so badly damaged. We need to get to the bottom of why 1 man has been allowed to destroy an industry, huge job losses, remove our energy security and seriously reduce growth. There must be a procedure?

The issue for the Gulf states I’m assuming is storage space, not so much being attacked. Hence why they may need to shut off production. Massive back log of shipments will not be moving for the foreseeable

Strait of Hormuz is still under direct threat, any US escort ships were threatened this morning

I’m surprised this hasn’t surpassed £3

Iran hit Oman with a small drone attack on the opening day, then openly apologised as it doesn’t deem Oman a target

The mainstream media put it all on the screen, graphs and stats stating the drop in domestic NS energy supply over the last decade. Then the prediction over the next ten years we will be almost totally reliant on outside sources. Yet these news channels at no point question this insane policy, pathetic

These politicians inc the previous shower of a government, need to face a court into why these decisions have been. They have put the country they are elected to serve in serious jeopardy, and actually increased world emissions which they purport to care so much about

SP should head North sooner rather than later, it was already undervalued before this crisis.

Blimey, this isn’t a small operation, it’s a continued massive attack.

Trump the President of peace strikes again.

2022 just before the conservatives and these current far left radicals destroyed the UK oil and gas sector.

Can we breach...

Only £140M market cap and will be producing up to 30000bpd 2026?

What am I missing?

Yeah thought that may be an error at first, 2026

9000bd added...

I thought from the very first week this lot got in to office they didn’t know what they were doing, and it’s only lot worse since

Arrogant and naive in equal measures. The Ballot box cannot come fast enough

If it slows down a tyrant that’s a positive, but let’s be honest these OPEC countries will always put their own wealth before anything else

As for Trump he’s been the biggest Putin cheerleader for quite some time. The recent sanctions on Russian oil were a surprise, OP hasn’t moved though and he’s already backed down to help his mate in Hungary.

Someone correct me if I’m wrong but the oil price has seriously struggled to maintain any sort of momentum since Trump came to power. He’s very pro drilling but has openly criticised when the OP creeps up. Isn’t it correct that the US shale producers need $60 to break even even that gives him little interest ? OPEC seem to be making strange output decisions to pacify the great orange one, increasing output even at these low levels

I have no faith in our inept government to reduce the ludicrous tax burden so it seems even sustaining $75 oil is years away whilst Trump remains.

Reeves giving speech later hopefully she throws the North Sea a bone

Seems unlikely if she's announcing other Tax rises it won't go down too well, however she may indicate a change in WFT further down the road (next year). Keep it in the background until the dust settles. Just guessing

Maybe AA is about to pull a rabbit out the hat

It would be nice to get through £2 and hold, even some small positive tweaks to the WFT should change sentiment