Member Info for Larry_Livingston

Boyo i’m sure i’m not the only one when I say your contribution here is greatly appreciated, so please get some rest otherwise you’ll be too tired for anything and your mind clouded as well. You wouldn’t want a restless crowd online do you :-)

1.5b of buybacks starting tomorrow and distribution of remaining 5.5b will be announced in early 2022.

You are right Boyo I also think Supply and Demand will dictate in long term and I hope the Shale industry have learned from the Pump and Dump with borrowed policies of the past, certainly this will make OPEC+ focus not to increase supply over the next 3 to 6 months . But this coordinated Oil releases around the World and Covid uncertainties during Winter And Spring might create a volatility in short term IMHO.

Hi Boyo here is the details and timetable of the US oil release, it looks like it will be done between December to April.
https://www.energy.gov/fecm/articles/summary-50-million-barrel-release-strategic-petroleum-reserve

So Covid had different plans today and spooked the Market, at least it closed above the recent Lower Low 3710 made on Wednesday so far.

Is today a signal for reversal to Upwards, let’s see what the follow-ups hold.

Thank you Jim, I got it now

Crude Oil Higher After U.S. SPR Release Announcement
https://uk.investing.com/news/commodities-news/crude-oil-higher-after-us-spr-release-announcement-2518349

Belarus threatens to cut off gas to EU in border row
https://www.bbc.co.uk/news/world-europe-59246899

Natural Gas Off Highs As Threat Of ‘Widowmaker Spread’ Shrinks
https://uk.investing.com/analysis/natural-gas-off-highs-as-threat-of-widowmaker-spread-shrinks-200502122

OPEC Points to Dampened Q4 Demand
https://uk.investing.com/news/commodities-news/crude-oil-lower-opec-points-to-dampened-q4-demand-2509704

Good sets of results for Braemar and AP Moller Maersk this week, hopefully this is reflected here soon.

Maersk
https://www.ship-technology.com/news/maersk-records-revenue/

Braemar
https://www.lse.co.uk/rns/BMS/interim-results-tsep9hr4bau8vtk.html

Good sets of results for Braemar and AP Moller Maersk this week, hopefully this is reflected here soon.

Maersk
https://www.ship-technology.com/news/maersk-records-revenue/

Shell Restores Production at Mars and Ursa in the Gulf of Mexico
https://markets.ft.com/data/announce/detail?dockey=600-202111050830CANADANWCANADAPR_C4948-1

Thank you for the link, it could be and I hope it doesn’t have a long term effect. I was wondering why the sudden big drop but couldn’t find anything earlier.

Ggt a profit is a profit to me and as long as you’re happy with it that’s good. I’m still holding after waiting patiently for over 3 years and will not it go whilst there’s strong tailwind for industry atm.

Well this week it held above the recent Low at 3760 on 20/10/2021, now if it closes above 3950 there’s good chance to resume the upward momentum to 4010 made on 07/09/2021. So let’s see what the follow-ups hold.

I could be wrong but from the RNS above it looks like the Share Consolidation ratio could be 5 for 6.

Hopefully we’ll get a statement about the details of Special divi and share consolidation at the Half Yearly results in 2 weeks time on 04/11/2021.

It looks like this stock wants to go down again, would it be below the recent Low 3700 made on 04/10/2021. Let’s see what the follow-ups hold.

Oil rises on expectations that high natural gas prices may drive switch to oil
https://www.cnbc.com/2021/10/14/oil-markets-natural-gas-prices-opec.html