Member Info for Krakenoil

Maybe he has Pelle, Keep the SP nice and low for him as long as possible ! Load up as many as he can before attempting to take us Private

Strange open of 21p ? Thoughts

So we have now lost all Mondays gains even with the oil price $4 above where we were Friday. What a joke. Seriously testing my patience now.

Trump giving the signal that you can now Bomb other countries and face no consequences is madness. Where will this all end?
ww3

Proves 100% that the Banks and large investors can manipulate world markets which ever direction they want. Fundamentals make no impact anymore.

Exactly gkb !! And why the market is reacting in a bearish way towards all this is madness. This has caused a large disruption the world oil supplies and how they seem to have spun it round is laughable.

This is why I wasn't getting excited on Saturday as we've seen all this before. They have managed to tip this major event upside down into a complete shorter's free for all. What a joke !
Nothing will lift oil prices with Trump in power. Not even blowing up SA main oil supply network !!!

What I want to know " How has all this turned from being bullish for oil into bearish for oil within such a short period of time. Oil stocks are now where they were last Friday before this happened but still with much higher oil prices. This is the MM taking advantage of panicking Pi's. Why's would SA want to lift their production to 12mbls after this event and crash oil prices ? Maybe Trump has there arm twisted now, " Either lower oil prices much further or we wont protect you"

Crude: +0.592K
Cushing -0.846K
Gasoline +1.599M
Distillate +1.998M

This looks like it’s been made to look much worse than it actually was, probably to make it look like the company is able to withstand any attack and get production back online extremely fast.
This was all BS

Have now stated they will increase supply to 11million by the end of the month.

Saudi energy minister says their supply is fully back online. ! Wtf

5 million barrels off the Market will now be priced in. 21 days of reserves to be drained down, that's 105m barrels that will need to be replaced ! Quite a chunk.
That's if they can bring it back up that quick as well.

Iran will have failed to shock the market, Now they are a laughing stock ! Will they try again...… 100% they will.

2-3 weeks of 5 million barrels off the market is still a huge dent in world stocks. ! That's if those repairs are done in that time, oil will go up as originally they said 3 days tops

Repairs complete in 2 weeks ! Were they home made drones ? Just loaded with petrol bombs ? Or are the Saudi's using this to stop anyone taking market share, then in 2 weeks time saying we have a few days delay using this to balance the oil marked and drain World stocks down.

That wasn't what we wanted to hear. That's why I didn't want to get my hopes up.

Again I ask you Neil, What are you doing on this BB other than desperately trying to wind people up. You've said your not invested here time and time again. I wouldn't go on Manchester United BB and tell them they are going to lose the next few matches and why if I wasn't even a fan, why bother ? What's the point of it other than to wind people up.
All you are is a bitter and twisted Pi that's missed the 17p buy in. That's the truth of it.

DBNO - Doesn't have any money to trade, this is just one big troll to him. Why you listen to him is beyond me

Just a red hot tip I'm giving you Saurbaby as I've heard you love a nice hot tip.