Member Info for lodan1

Yeah the shorters must be really scared....lol

Some good lumps traded after hours today

https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/931560

Apologies Iea expect demand at 91.7 against 100 in 2019

Also was an iea report saying consumption was at 91% of pre covid but equities seem to not want to acknowledge this currently

Hope so, think api draw was 5.4m double predicted from memory

Wonder if it will break 2.10 today? Will get rough for a little while if it does. Got funds for £2 and £1.75 if does. I'd like it to bounce but cant see any catalyst for it in the near term, maybe a build into result next week and ex div on 5th

https://www.google.com/amp/s/oilprice.com/Latest-Energy-News/World-News/Iraq-Discusses-Gas-Investment-At-Its-Largest-Oilfield-With-BP.amp.html

These are last years dates. 2020 dates are 27th, 5th and 18th

https://www.google.com/amp/s/energy.economictimes.indiatimes.com/amp/news/oil-and-gas/bp-starts-omans-giant-ghazeer-gas-field/78616249

Delta has passed with no real damage. Norway strike over adding 300k and Libya ramping up adding 300k. Will go down to absorb that info before any up. With lockdown being announced today I'm expecting a bumpy day with hopefully a good second half to the week

https://bpchargemaster.com/uks-largest-ever-ev-infrastructure-contract-awarded-to-bp-chargemaster/

I think the shorts will be just fine tomorrow

We could really do with holding 222 or it's back down to 210 I think

I agree, dont think he will stop fracking but it would be lovely if he did. The fear of the election moves the price, on the day of the election oil will have a spike in either direction then business as normal. The world needs oil and Donald or joe wont make much difference

Sometimes having the info is better than the fear of what the info might be

Took another small top yesterday, liking the increased volume for the last 5 trading days so hoping we are very close or already reached the bottom. There seem to be buyers at this level so that's encouraging. Average pulled down to about 2.48 now. Still holding funds for a £2 purchase but no idea if we will see it or push on from this level. Gla I think were moving closer to end game, the time frame is shortening till vaccine announcements and the powers that be will be busy taking their positions ready.

Trumps tweet just ended any rally oil was having

Nice to see the 220 go and now bounced off it a couple of times. When brent broke 42.50 it starts to look much more like a longer term trend reversal for a w shaped recovery on the daily chart

Today's oil price rise is just a load of nothing. Its downtrend is still intact and will see 37.5-38 in the near future and quite probably a fair bit lower before the real rise starts.