Member Info for Krakenoil

I’ll be happy when the SP is touching 60p

Once we break 23.5 I think the SP will reach 30p pretty quickly.
Pressure is building

+7
The US production is coming back

The market will punish us yet again.
When will this negativity end

I thought it would be much higher, around 85%

Now we’re back in the Red,

Gkb and L3 can’t be holding much stock the way they continue to bash Enquest

I'm here ammu enjoying the bounce. bring on 30p

Wont be long

That’s been a bumpy road for them since the takeover, glad I sold out

Crude: +0.806M
Cushing: -3.567M
Gasoline: +3.307M
Distillates: -1.225M

Ball’s

Where's the bottom ?

That's it guys and girls, the OO should be done and dusted now.
fingers crossed oil prices dont fall much further

I've just added the funds to take up my full entitlement, Can't believe I gone against what I planned.

I hope I've not made a mistake.

Just emailed LSE as to why they haven't updated the website regarding the latest broker updates.

Oil price don't currently have anything to back up a buying opportunity yet but we know how quick that can spin round . Covid is taking the headlines again , flight numbers not increasing quick enough according to some reports leaving Jet fuel stocks to increase.
Looks like Opec may have jumped the gun , pressure from the US again no doubt

We need a big bounce today

Will we drop below 19p is the question?

Thinking about it , The Opec deal only gives its members the ability to increase production, doesn't mean they will increase !
Opec might hold current production who knows

Opec needed to hold the line for a few more months, now we have a slightly over supplied market going forward making it almost impossible to drain world inventories as planned.
If demand doesn't rise quickly to meet it oil price are going to slowly fall each month.
How bl00dy stupid after all that hard work
We were so close