Member Info for Krakenoil

It looks like tomorrow will be more of the same unfortunately! And the way oil is falling and being sold off it has a repeat of 2014 all over it ! Have the Saudis and Russia double bluffed Shale by waiting for maximum Shale investment to be spent and now they are going for the kill ! Specially with Trump double crossing them over Iran ! I hope not but wouldn’t surprise me

The same price as September 2015 ! Thanks Trump !! I hope one of your own countrymen that have lost their pensions due to your market manipulation send you to hell in a wooden box.

He’s the one probably selling them

I’m waiting to buy the company for a quid and then take great pleasure in sacking the Fat Toad we have running this mess

I will also think very hard about accepting 70p. Im on the fence lol

For how long though? Oil price never stay low for long periods ! The oil price chart is very similar to house price charts !

Thats very good news ! Let’s hope the next one is around 12 days as well

So they raised interest rates and expect 2 more raises next year as well ! Well that’s killed today’s oil recovery

Moron !

That closing trade wiped off 1.5% off the SP ! WTF

This report/story from Ziad Daoud may well have settle the oil markets and drawn a line under further panic selling, it may actually turn the traders positive, what it will do is put the fear back on to the short side. I wouldn't want to write fake news about SA would you ?

Watch this catch everyone out and rocket back up to a quid leaving all the deramping brigade watching ! Ridiculously oversold!

No way would you risk a short moving towards the new year with the production cuts about to commence. Higher risk on the short side. Lets see what happens tomorrow.

Oil shorts will have to close out before the holidays as the risk percentage of oil bouncing is far higher than it dropping now. Specially with cuts due to start

Low prices are unsustainable for all producers, all costs rise year on year. So oil has to follow that same pattern. The media now spouting oil going to $20 bla bla bla, 3 months ago they were spouting oils going to $100 ! Just proves they have zero idea what’s going on ! So we have had 3 months of doom and gloom, it’s now about time they change back to oil shortages and rocketing prices !

I’m also holding the largest amount of Enq stock I have ever held ! We have lined up the ducks just need oil to turn bullish and we could easily see 60p ! If you look at the oil charts over the last 30 years, every time the price drops it doesn’t last long before climbing fast. The oil charts resemble the housing market.

If we ever get to that party Jan AB should host it !

So I wonder when Brokers will start dramatically changing target prices ? This is a horror story

Just bought another 50162 shares !

I remember reading somewhere that AB had put about £100m of his own money into Enquest shares and that was before the OO in 2016