Member Info for Krakenoil

SAUDI TANKER GIANT BAHRI SUSPENDS TRANSITS THROUGH STRAITS OF HORMUZ || PETROBRAS, OTHER TANKER MAJORS ALSO SUSPENDING SAILINGS THROUGH STRAITS OF HORMUZ

Ha Ha Ha

Rumours are that Iran notified the US of when and where the missiles would hit. Iran cant lose face but also don't want a war, neither does the US, I doubt any further attacks will happen this week

I'm expecting Trump to say nothing hit, no damage, no casualties and no need to respond.

You might even call it a poor firework display !
Well if that's made them feel better and that's the end of it then at least no one has been killed and we have swerved a war.

Just wondering if Delboy had sold the Iranians these ballistic missiles ? It seems none of them hit the target or if they did they didn't do any damage lol

What will the US do now ? B52’s in the area as well ! This could get very messy

#BREAKING: Al-Mayadeen quoting Tasnim News Agency: Second wave of ballistic missiles now being launched

PENTAGON SAYS "WE WILL TAKE ALL NECESSARY MEASURES TO PROTECT AND DEFEND U.S. PERSONNEL, PARTNERS, AND ALLIES IN THE REGION" - RTRS

Trump will go straight for their nuclear facilities and the oil Refineries

Trump will go straight for their nuclear facilities and the oil Refineries

No injuries reported as yet, this could get very ugly

Looks like it may we’ll be kicking off
Oil spiking on rumors of an attack with rockets to the Al Asad Airbase, which hosts U.S. forces in western Iraq

Opened up +1%

Crude -5.9 Mil
Cushing -1.0 Mil
gasoline +6.7 Mil
Diesel +6.4 MI

A bid of 60p plus would possibly be considered but AB is probably aiming for his retirement sell out at a pound plus

PMO are moving towards a rocky road in my opinion, I’m not sure today’s rise will hold out.
Our Magnus deal was far better and we suffered for it.
I wouldn’t want to hold PMO after today to be honest. As the nitty gritty details of the deal emerge I think investors will run for the door.
Profit is profit.
3% rise per week here is fine by me
We just need to get over our 23.5p hurdle that’s holding us back.
A draw tonight would be great.

YOY25 - The oil price rapid decline in Q4 2018 killed our momentum and we have not recovered …...Yet. The Magnus deal/RI timing was extremely unlucky or very lucky depends on how you look at it.
Onwards and upwards from here and soon enough we will be back to Pre RI of 34p. We are paying down our debt at around $50m per month at current oil prices so i'm expecting to add that same amount to the Mcap this year.
Just one Institutional Investor buy will trigger a rapid return towards 40p i'm sure.

Sorry I should have said third attempt over the last 12 months

Third failed attempt at resistance today. Maybe another go at it later on in the week ? Hopefully