Member Info for Krakenoil

Beer - I’m not getting my hopes up as Trump usually ruins any bullish impact on oil prices.
He hasn’t tweeted anything about it yet.

https://news.sky.com/story/iran-says-its-ready-for-war-with-us-after-saudi-oil-attack-accusations-11810252

I can’t see trump allowing oil prices to get near $70 unless military action against Iran follows.
Would be so nice for Enquest to breakout from this rut. Won’t hold my breath

If this outage lasts a couple of weeks that quite a chunk of world reserves that will disappear

It’s the retaliation if any is what the market is waiting for.
Or will Iran just be let off Again ?

DBNO still calling $50 Oil lol

All depends on what the retaliation will be towards Iran if any.
Trump has been made to look a complete fool by Iran.

Seen it all before, something will dampen down oil prices knowing our luck.

Production will restart in a couple of days time and SPR will take up the slack

I bet Trumper removes Iran sanctions this week

My luck might have changed. About time

If this does pull Enquest out of this rut nothing will

I bet this still won’t lift oil prices

Seems nothing will push up prices. Strange as everyone still burning the same amount across the globe as they were this time last year when they were saying supply couldn’t keep up with demand. All these huge draws have done nothing to lift prices.
I think it’s one huge manipulation

And I’m off on holiday, usually crashes the day I go on holiday !
Luck has changed

23p is a start !

Just bought another 15k :-/
Luck has to change sometime

Btf I just top up on the dips, couldn't stand it if I tried to trade it and then it took off without me. I would be gutted ! I haven't waited this long to miss out. I've now lowered my average to around 22.5p from about 27p, I've traded PMO very well and I will keep on Trading it, but this hasn't bounced back from this time last year even though the balance sheet is far stronger now. I want that 60p Party. Maybe next year …..

We could do with a full 12 months with a average sold oil price of $70. Saudi needs oil around $85 Russia around $60, Shale at $75, A balance of $70 would be just fine.

Sorry don't you mean - Another deramper muppet corrected