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Ha Ha Ha the bashing brigade are out it force today !

Its not the sale we are after its the leaked value of the bids we want to hear about, its all about the hype !

Oil way oversold in the last 7 days. Oil still within its tight bracket, move back up towards $61 in the coming days

The tide has turned for PMO ! Im looking forward to the Zama Bids being leaked

Brent way over sold from this time last week, 11mb draw and Brent tanks is a joke ! Come on when will this oil market revert back to actual fundamentals - Once Trump has been removed ?

Brent now lost a dollar from 7am, Enq and PMO price stable from yesterday’s close, usually means a oil price bounce coming - fingers crossed

meant to be yuan

If Trump want to inflict pain on China why doesn't he push for higher oil prices ? They de-value the Yen in a counter punch, but Trump could inflict the old one two body blow by with higher oil prices, that would back them into the corner without to much pain on the US pump prices - would also please Opec, shale, Russia and of course PMO

Opec are doing what's fundamentally required to balance to oil market, but they cannot stop the large banks, hedge funds, algo bots from shorting the price down. Until that changes or we have a shortage of oil then this manipulation will continue.
Remember this time last year when they said we have zero oil buffer as everyone was flat out producing and we cannot keep up with demand ! Then Trump came out with China Tariff's and let Iran off the hook - within a week or so we had the media saying the world is back to massive over supply ! Brent went from $85bbl on the 4th October to $49 by December the 23rd. Oil consumption hadn't change during that period, China were still buying at record levels., still buying at the same levels now !
So was the oil price manipulated up in 2018 or has it been manipulated down in 2019 ?

Zama bids in the region of $460m expected. What will that add to the SP ? Imagine what it would be worth with oil at $75

If you shout FIRE FIRE FIRE every single day one day you might actually be right but the trouble is no one will listen.

SHUT UP YOU MORON !!

Hopefully we re gain yesterday’s losses

Just laughed at Iran’s failed missile launch the other day

How the hell have we allowed our Tanker to be held hostage why they deliver that cargo to Syria. Trump was correct and the EU should have allowed the US to seize that ship

Are the EU and Trump going to turn a blind eye to this total defiance from Iran ?

We could do with a nice oil price rally this week all ready for Thursday. We can dream I suppose !

Trump has totally ruined the world markets by causing mega uncertainty and pushing a large percentage of investors to sit on the fence, in turn that makes its easier for the banks and hedge funds to swing the markets which ever way they want, volatility is here to stay unless Trump does a deal with China.

If a 11m draw cant lift oil prices nothing will, even war with Iran probably wont lift oil prices now. Its weighted one sided unfortunately.
Hopes lye on Shale for a drop in production to stop the oil price falling further.

Gobshyte's on overtime today, Why don't you shut the fook up ! Your so unbelievably booooorrrrrinnnggg

By the looks of the volume on oil at 2pm GMT I would say those auto bots are switched on, ready to manipulate the price south.