Member Info for Krakenoil

No I know FA about anything else other than oil markets and a badly undervalued Enquest, to be honest once Enquest gets into a position of strength and is returning shareholders some profits I won’t need to worry or moan about anything

What’s the point of talking to you. I don’t lie.

There you go again you fecking idiot, how many times do I have to say. I haven’t sold a single share and I’ll tell this bb before I do so you can see the amount I sell proving I’m not full of sheet ffs

Whatever way you want to twist it he still called it correctly unlike yourself.
If your trading Enquest the first lesson you need to learn is when to buy and when to sell. Unlike your stupid nonsense non stop de-ramping before you bought in, he hasn’t done any of that just a tip on what he expects to happen, let’s not forget that’s why we are all here… to make money.

Epip WTF are you talking about ?? You are losing the plot, how am I panicking ? Get a grip and stop taking out your frustration on me FFS

Mrc I dont understand what's wrong with Chilting calling it correctly ?

Chilting got it right again.

So whatever the Biden administration said to Opec this morning has certainly spooked the markets, I bet the US Shale industries are pleased ....... Not.
Trump number 2

Can’t believe we’ve closed out 10% down from today’s high.
Mad how fast we fall

Just got back from a job to see the SP in the red from being 8% up when I left, Brent back in the 74’s from 78 this morning.
What’s happened ?

I like the sound of 33p next month

According to news reports the Biden administration is now putting pressure on Opec to lower oil prices. Ffs I thought we had got rid of Trump

With Brent averaging above $70 this year and taking into account the GE deal what FCF realistically are we going to have left to pay off a chunk of our debt, this would be the final hurdle towards a real rerate for next year. We would be walking into 2022 like Prince Naseem used to enter the ring in the 90's.

I hoe, I hoe its up we fecking go !

Sanderson should re-name his shareholders (Mugs)

Helps us out with our Malaysian oil

They have probably set this up to hold production as is to drain down inventories further whilst keeping Shale on the side of caution
Opec want $100 wti

Does this company actually get revenue from anywhere else but it’s shareholders lol
You’d have to be bankers to keep handing over money to a company that has zero future.
I bet Sanderson hasn’t put his hand in his pocket once. Tell you all you need to know

Fingers crossed for a good conclusion tomorrow

Breaking - The UAE remains fully committed to OPEC and OPEC+ and we support an increase in production from August. However, this should not be conditional on an extension to the current agreement.

So in summary the UAE is committed to the agreement that was signed last year and expires in April 2022. Anything beyond that date, the UAE would want it’s production baseline adjusted