Member Info for Krakenoil

Above yesterday’s close

Reports coming in of 2 explosions in the Arab gulf, apparently 2 Tankers hit, one on fire !!

2 Oil Tankers rumoured to have suffered some king of attack this morning, one apparently on fire, reports coming in of 2 explosions in the Arab Gulf !

Feeling a little queasy

Until Shale production stops rising we ain’t found the floor of oil prices, trouble is they will increase as oil rises

This last 9 months have been the worst period I’ve ever had with oil stocks and I was invested in Afren went it tanked ! I’m not sure Shale is ever going to decline, we have been saying the same thing since 2014 when opec opened the taps, They have more than doubled production in 5 years even through periods of $30 oil. Nothing stopping them from reaching 15m or even 20m in the next 2 years, they seem to have taken the fight to the rest of the world to flush them down the pan

Down 3.4% Brent about to break $60 WTI about to break $51

Walking it back up, looking for 74-75 finish

Have they let it off the hook ?

DBNO your predictions have the worst hit rate out of everyone on here, You are a total gobshite

Probably best to be frank. Looks like we have bottomed around current level, I wouldn't be at all surprised if we see a slight draw to confuse the market even more.

Any spectacular rises, look at the large buys coming in, zero large sells, follow the money

I wont be greedy holding for 68, whats a few % if you miss out on the bounce, that's even worse

Brent wont fall much lower from here, Wti could drop further but its the lighter shale grades that are now falling away from WTI, Shale oil is becoming lighter and lighter the more they produce, that's what we are seeing now with these crude builds..... No one wants it ! The world is still tight on Brent and the grades needed so demand for that is still strong especially with Opec holding out

What time did Hook up happen, I missed it

Pure mugging this morning, Panicking sellers taking the hit, I struggled to buy earlier and that tells me that the MM is trousering as many shares as possible ready to walk this back up.

Both still falling with Brent climbing off the days low, -7% is way oversold now.

This is a mugging if I've ever seen it. lol What a joke

Cant even buy 20k worth

Give me some shares MM you tight Basterd