Member Info for Krakenoil

Evening Romaron, very frustrating isn’t it, when you watch the market rallying and we’re not only left behind but fall over lol.
Oil will likely sell off tomorrow and we’ll jump 10% !

The only oillie to have a terrible day -3.4% WTF !!!

How the fracking hell are we down 2.5%

No volume and no interest - Its what we have always suffered with unfortunately, I long for the day when that changes.
And when it does we will have our 60p party.

The sound of silence ?

We seem to be the only oillie not having a good day

Enquest drives me up the wall most of the time, why doesn't the market like this stock ? The volume is so low its as if we have been pushed into a dark dingy corner and left to gather dust.
We should be looking very attractive now as we have clearly done a fantastic job of out performing Tullow, PMO and most of the other mid caps in our sector.
Why ?

Opec considering keeping cuts in place till Q4 2022.

The most important thing with Trump gone is - no more Trump tweeting moving markets.
The volatility is now gone - the big players can now come back to the oil market.
Biden won’t lift Iran sanctions until they conform to the nuclear deal.
Shale will be under even more pressure as we now have a president that won’t go all out helping the fossil fuel industries gain funding they desperately need.
What he will do is put all his effort into beating the Covid issues holding back oil demand.

We may have our 60p party during his presidency

Keep an eye on China's flight numbers.

China raises oil import quotas by 20% as new refineries start operations (Reuters)

I’m not so sure Trump is going to lose, fingers crossed he does.
Let’s hope we are close to the bottom now and things do turn around.
Can’t wait to see the back of 2020

Biden will lift Iran sanctions , not that that will pressure oil prices as Iran have managed to sell its oil through other avenues. Biden will pressure the US oil production but on the other hand will probably squeeze the US economy with it by raising Taxes .
So I'm not sure who will be the better bet !
Looking at all the polls on social media Trump will walk it.

I still cannot come to terms why the BOD and our major shareholders allowed TD to ruin this once great company.

I hope a few of PMO's long term shareholders knocks on his front door and gets there money back off him one way or the other.

Lukoil CEO sees oil at $50 per barrel in the first quarter of 2021.

Lukoil CEO sees oil at $50 per barrel in the first quarter of 2021.
This will boost oil stocks nicely

Oil could easily go from feast to famine end of 2021 and we could be having our party

Shorts all over this again, everyone should just short everything until we have no market left.

Took a few more

So those last 6 trades combined total £2700 wiped over £8,000,000 from our Market cap lol
What's going on here ?