Member Info for Larry_Livingston

Hi Ggp you are right about Putin weaponising the gas supply and to me at least he’s consistent, but you think Europe will be more prepared after 2022 gas crisis and especially when Austrian company OMV withholds payments to gazprom. But I heard on the news yesterday that Austria received Russian gas from another pipeline.

Https://www.hellenicshippingnews.com/container-shipping-riding-high-ahead-of-holiday-season/

Somethings don’t change but hopefully it won’t be as bad as 2022 crisis

Supply Risk and Soaring Demand Keep European Natural Gas Prices at 1-Year High:-

https://oilprice.com/Latest-Energy-News/World-News/Supply-Risk-and-Soaring-Demand-Keep-European-Natural-Gas-Prices-at-1-Year-High.html

Gazprom Cuts Gas To Austria Off, Just in Time for Winter:-

https://oilprice.com/Latest-Energy-News/World-News/Gazprom-Cuts-Gas-To-Austria-Off-Just-in-Time-for-Winter.html

Europe’s Natural Gas Prices Jump to 2024 High:-

https://oilprice.com/Latest-Energy-News/World-News/Europes-Natural-Gas-Prices-Jump-to-2024-High.html

US LNG Exports Poised to Hit 9-Month High:-

https://oilprice.com/Latest-Energy-News/World-News/US-LNG-Exports-Poised-to-Hit-9-Month-High.html

Https://www.proactiveinvestors.co.uk/companies/news/1060721/croda-slumps-on-chemical-ban-fears-under-trump-health-head-1060721.html

Still on the sideline so will just keep watching closely

Thanks Tk17, that’s what the article about container market said that companies might front load imports b4 he comes to power

Https://www.hellenicshippingnews.com/xeneta-trump-presidency-will-reignite-us-china-trade-war-and-threaten-a-spike-in-ocean-container-shipping-markets-as-businesses-rush-imports-ahead-of-higher-tariffs/

Https://www.seatrade-maritime.com/tankers/-drill-baby-drill-trump-and-the-tanker-market

Hi Tk17 it looks like you have to be subscribed to read the article unfortunately

Https://www.cnbc.com/2024/11/06/oil-markets-future-still-uncertain-under-donald-trump-after-election-win.html

Https://oilprice.com/Energy/Energy-General/Oil-Prices-Spike-After-OPEC-Delays-Production-Cut-Decision.html

In the absence of Boyo and his useful technical info of Shell SP, I came across this and wanted to share.

https://www.ii.co.uk/analysis-commentary/shells-share-price-looks-broken-ii533342

My own SP indicators/guides to tell me which direction the SP wants to go from the recent all-time closing high 2946 made on 10/05/2024 are:-

Intermediate High to overcome (to the upside)

2900 (Closing price) made on 04/07/2924 from the Low 2711 (Closing price) made on 14/06/2024

Intermediate Low (to the downside)

2415 (Closing price) made on 26/09/2024, the Lowes Low made so far from the high

Hi Ggp with the SP I hope you are right, let’s see what Q3 update on Thursday holds.

Https://www.cnbc.com/2024/10/26/israel-strikes-iran-military-targets-tehran-says-damage-limited.html

Hi TK17 you’re right and markets are all yo-yoing (sideways), but I’m surprised with all the uncertainty around at the moment ((UK budget, US election, Inflation/Interest rate, economy recession fears, wars etc…). So let’s see what the New Year holds.

Https://www.cnbc.com/2024/10/01/iran-readying-imminent-ballistic-missile-attack-against-israel-us-official-tells-nbc-news.html

Https://www.proactiveinvestors.co.uk/companies/news/1057395/oil-and-gold-prices-spike-as-iran-reported-to-prepare-for-israel-attack-1057395.html

Hi Ggp I totally agree with you there are a lot of uncertainties around at the moment i.e the Mid East conflict, Oil market Supply/Demand Dynamics (China economy stimulus/Opec quota non compliance) , Inflation/interest rate impact of the economy etc...

Https://www.ft.com/content/1d186f62-5941-4f9e-aef1-7d93a8a696cd

Hi Ggp yes i’m still holding and just sitting tight patiently hoping that the CEO & Shell will be rewarded the progress soon

Hi Ggp that’s a good analysis thank you