Member Info for Krakenoil

Thought we had got rid of Trump and his Bullying persuasions FFS

Oil price just dived $1.3 Dollars on the news of the White house is going to Pressure Opec into lifting production to drop the Oil price

Didn’t quite make the top but wasn’t far off
24.40p closing out on the days high.
30p soon

Some good news
https://www.zerohedge.com/covid-19/90-patients-treated-experimental-israeli-covid-drug-discharged-within-5-days

He doesn't belong here either. Ignore the idiot

Sadly I don't see it high,
I base my calculation on roughly $200 fcf for every increase of $10 over average price of $50
At $50 average for 2022 I get FCF of around $180

With Brent averaging around $60 for H1 and we show strong results I'm expecting a jump into the mid 30's as H2 results will be far better

That sell was obviously the driver of today’s price action, let’s hope for a bounce tomorrow, top of the risers would be nice

We closed -6.25% down
Volume was much higher than usual

I don’t understand why Enquest got so battered compared with the other oil companies in the sector, we closed out on the days low even after oil prices climbed back up.

They won't put blocks on our oil sector, all they will do is want a plan to reduce and balance out with green energy. The world will be in big shat if we dont have enough oil

Chilting you spoke to soon, we seem to be leading the race down today by quite a margin for some reason. We seem to be good at that lol

The completion of the deal is due any day.
Should give us a nice boost

Considering oil prices have lost about 11% from the beginning of July the Pump prices haven't come down.
Back in May petrol was £1.22 over the road from me (Brent was around $70) its now £1.35

Opec may have jumped the gun lifting production

This bas tard Corona is ruining my plans, ffs when are we going to see some positive news

Yes the trades are tiny this morning chilting, Oil price looking a little better this morning so should help this afternoon

Why the drop this morning, oils nicely in the green ?

UBS Says oil should resume upward trend despite the Delta variant spread and expects Brent to trade between $75 - $80 for the rest of 2021.

It’s going to kick off at point