Member Info for kenniGT

Oil is not going up.
Brent is hovering around 22$ since morning.
And WTI around 17.5.

Boring day

nope

tide is turning today it looks
HUR just wend blue
brent and wti have small rise
hmmm

Does this case mater at all?
They want to sell Zuma field, and it is on hold due to crisis.
The same will be with BP and deals like that. Simples.

He said they negotiate with BP so they take crisis into account ;)
He said it is 7 cycle in his life (with low oil prices) so both PMO and BP know it will go away in time and then they can comeback to the deal. That would logic suggest.

People dying no, but limiting birth should be priority. We could keep current level stable if birth count was 2.1 per couple, and it is 2.3 and therefore there will be 8 billion people soon fighting for every resource, and that means wars.

I joined webinar quite late, maybe there will be link on youtube later.
He said they are in talks with BP, on question regarding cost in current climate.
In case of SP no idea. But at the end he said industry is much better prepared those days for crisis, in 2016 cost were much higher, now most companies have them in region 15-20$ per barrel in North Sea.
Might dip my toe tomorrow/next week.

GOZZIE2 thank you for the link. Reassuring from CEO.

Any time in next few days - info from webinar

475mln cash. Oil/gas hedged for 2020 and 2021? Have I heard correct?

475mln cash. Oil/gas hedged for 2020 and 2021? Did I heard correct?

Looks like Morgan Stanley is back

I would guess after lockdown

My fist share were Premier African Minerals, got them for 1200, now worth around 40...
But that was not the worst. I lost much more last year with stupid holding approach , being afraid first - to protect profit, and than to protect from losses.... yes, we are learning but it is painful ;(

I have seen this on other boards as well...
No idea what is is about.

BTW FTSE100 highest since crisis
https://uk.investing.com/indices/uk-100
Will markets go down tomorrow, or up?

Maybe time to invest? WTI looks like it might go back to 20ties...
Another Trump push ? ;)

Ok, Brent has moved a bit to 22.9, chasing WTi ;)

WTI went up a bit, but Natural Gas is down today at 18.5 from 19, and Brent around 22.4 most of the day.

Yes, Quiggers52 is right, high risk here. But heyyyy. What they say? No pain, no gain? ;)