Member Info for Krakenoil

How can we have a UT take the price down from 11.6p straight to 11.2p ?
WTF !!

I strongly believe Brent will climb back towards £50 by year end, everything is slowly getting back to normality, opec deal has removed a huge amount of oil from the market and US production is falling, demand will be back to 90m barrels soon and oil storage will start declining over the next 6 months. The 2016 glut shrivelled up over 8 months last time with only a small OPEC cut even with Shale increasing.
I’m sticking to my Brent forecast that we will see $100+ During 2021

I strongly believe Brent will climb back towards £50 by year end, everything is slowly getting back to normality, opec deal has removed a huge amount of oil from the market and US production is falling, demand will be back to 90m barrels soon and oil storage will start declining over the next 6 months. The 2016 glut shrivelled up over 8 months last time with only a small OPEC cut even with Shale increasing.
I’m sticking to my Brent forecast that we will see $100+ During 2021

I also believe Brent will climb back towards £50 by year end, everything is slowly getting back to normality, opec deal has removed a huge amount of oil from the market and US production is falling, demand will be back to 90m barrels soon and oil storage will start declining over the next 6 months. The 2016 glut shrivelled up over 8 months last time with only a small OPEC cut even with Shale increasing.
I’m sticking to my Brent forecast that we will see $100+ During 2021

12p seems a hard nut to crack at the moment but I’m sure once Brent rises above $35 we will be over that hurdle.
Any more predictions Jan ? Anyone else want wet shoes ?

What with holiday makers set to flood European beaches from the 1st of July, oil demand returning fast, the roads packed - Really !

If this goes to 20p tomorrow she can p!55 on my cornflakes

Stinks of pure market abuse here !

Data shows oil demand is recovering, one we start seeing the planes flying then oil will return to mid 40’s pretty quick
50p here come July

The data shows Oil demand is recovering Once we get the planes back in the sky oil should be mid 40’s

Down -34 to 258

Oil up and we are down 4% wtf :-/

All oillies haven’t moved today, why ? Oil up, demand returning what’s not to like ?

Laidback the spot price of Brent is about to breach 30p, oil is steady climbing and when the planes start flying again so will oil prices.
I’ll go with 80p - 100p come Jan 2021
Easy 3 bagger in my eyes

Did you buy back in today ? Was a great opportunity

May see 30p soon !

I’m hoping to see a good old fashioned Repairer Spike tomorrow.
Matrix where are you ?

Laidback you had the chance to buy back in today, handed to you on a plate.... or are you waiting for 30p. Lol
Mug

Once Brent spot price breaches $30 then we should see a move back towards 40p
Pull back over now, come on Oil up up please

Ryanair start flying again in 5 weeks !
The others will follow