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OMG Murray - about as exciting a murray mint...Cant belive I didnt get lut at 550 - car crash
Jeff - I couldnt agree more - Middle East imploding, inflation up (with petrol a key driver even though pump prices are relatively low when you take into account inflation). Its all willy wobblers with money take advantage of the poor
Yup the yanks like down. But what do you expect with our SP - no boss steering the ship. Clearly no one is interested in steering a Green ship
She will blow - no discussion....“The US and UK forces can no longer pass through the Bab al-Mandeb Strait,”. Once an oil tanker is hit OP will go sky high and its only a matter of time. This will escalate (middle east). Too much politics being played out across the world.
330 by end of the week - minimum
Weird SP goings on across all O&G...with he ME conflict intensifying I cant work it out
Happy Friday everyone.... Sad to see the news this morning but not surprised..
Reckon a deal is coming - Ahcincloss bought 82 shares - he is def pushing the boatout
Anyone know why we have stopped following brent over the last few days - same with Shell - just down!!
Saudi were testing the water with their undercutting. There is room for everyone at a good price - just greed gets in the way
Theakys obs are valid but there may be an unforeseen like ME escalation that put a rocket up the SP. Shell and BP acting like men who can't get it up and when they can they can't keep it up. Maybe we need a Linda although that's not helping HBR that much. I am still holding our for a hero till the end of the night.
Thanks tep1
Hope your right.. appreciate you writing.. Good to know others are sharing the pain
Not sure if someone is reading the wrong news... Api is a suprise build and pil down... Been bad days since new year... When will madness end
Pressure on Brent and looks to continue downwards... I am shall manifest a contrary upward move and an increase in SP
15% down on no news - any ideas besides TLW is a crap share
Well done BP for delivering a might strong SP today - we should all sell our investments and short the share
Nitro - I hope that you are right but not convinced...SA are playing some bizarre game dropping their price to keep market share and cutting supply at the same time. All shows little or no confidence in demand. Any Mid East supply disruptions seem to have little or no impact (not that I want them). Will be interesting to see API/EIA this week and then the OPEC discussion next month. Not sure they have any sway at all
Really crappy day today for O&G - limited signs of support and we could be heading a lot lower. Biden schmiden, SA cut their prices and that has called the fall, shwoing no confidence in demand. I woudl not be suprised if we were back at 250/60 soon deal or no deal.......Oil is a mess and OPEC have lost their grip. Only disurption in the strait/middle east escalation will have a positive impact (which I would not wish on anyone)
Oil down near 5% today due to Saudi cutting there price...2024 not looking for oil. I was eager to see a rise back over 500p and then to get out - chance would be a fine thing