Member Info for Nightpusher

2000,2003,2043 and 2045.
Eu still unable to reach agreement over price cap that is only subject to their 27 members while China,india,South Africa,North Korea and many other countries are more than happy to pick up Russian crude.
Meanwhile Russian gas pours through the Yamal pipeline through Poland who collect transit fees from Russia and worse still gas flows uninterrupted through the Souyouz pipeline with even Ukraine collecting the Russian rouble even though Russia has clinically destroyed over 50% of Ukraine power generation.You just could not make this up.
Do however take exception to you calling me illiterate in one of your ramblings,I accept that education in the 1950's was very limited and I certainly suffer from acute dyslexia but sadly you were just stuck in the front of the class and told how stupid you were but fortunately we have moved on since then and it certainly never held me back.You seem to have a form of posting incontinence and would suggest you try and think things through a little more logically to assist you in stopping yourself looking like a bully.

1903,1905,1907 and 1909.
Are you finished ranting now or do you struggle with a challenge to your post

Problem is will you get anyone to hedge at this level while Russian oil is been sold at 52 dollars per barrel this maybe why oil stocks have been stagnant or dropping this week. If Russian oil keeps working its way through to market everything the government have done is actually counter productive.

Correct mate you said the government but the price cap is being cobbled together by VL and the European commission to be enforced on the 27 countries of the EU,who actually seem unable to agree about where to set this price cap despite months of discussion and has absolutely no bearing the(our) government do now or in the future

It's the EU sir,not our government.

was only checking out this story of Rosneft divi yesterday along with my interest in the Rosneft saga as our stake represents one third of all our reserves at one time

https://www.telegraph.co.uk/business/2022/09/15/ftse-100-markets-live-news-energy-cap-gas-putin/

Russia initially banned companies from paying dividends to overseas shareholders, and then blocked payments to companies in “unfriendly” countries, including Britain and the US.

Funds are instead put into restricted accounts, with approval from Russia needed to take the money out of the country. BP does not therefore recognise this as dividend income. Copy from Link.

Could be that we might get an unexpected windfall one day,but sure we will be beaten to death over it in the media if we dont donate it to Ukraine reconstruction

Jezzo,not wishing to overpost today but I think Jakers is right,Just checked my Apache shares on Charles Schwab and US open was 10 minutes ago at 1430 GMT.

Greetings Meoryou,my expectations are very similar in alignment to you,I do think $90 is a fair price to pay for Brent and I do expect it to climb back there when it gets colder.This figure is now built into UK inflation figures as its been there over a year.
Many thanks for your sensible email last night,I am critical of constant cutting and pasting,especially when source and date are not included as I feel its misleading and often bears absolutely no link whatsover to BP.
I have been on these boards for years but dont post that much unless I find a link relative to BP.That said I have long history with BP as a shareholder and actually worked for them around 1970 as a roughneck after I was discharged from the Parachute Regiment.It was an old 8 legged rusty jack up off Das Island when Bp was operator for ADMA.It was days where you lived out there for a year and spent days off in a BP staff house.Brilliant way to cut your teth in the drilling game but returned home and built a career wth Sedco/Forex Neptune and Transocean.

pushing OPEC to raise output. It looks like Saudis may comply.

Casapinos,i always like your well thought out posts but not sure I see this scenario happening.Biden is certainly enbolded by the mid term results and has his eye on another 4 year term but I dont see KSA playing ball with him,really for the simple fact that their head of state has repeatedly said that he wants oil to remain above $90,probably to meet his budget deficit and I certainly do not think he has forgiven Biden for his pariah state comments.The immunity deal is a tiny bone that Biden has thrown but probably a meaningless gesture..Of course time will tell.

Reckon it will be some time before we have anything like yesterdays misleading news again. As I inferred yesterday any investigation should 'follow the money'.

Not so sure about that GT,yesterday proves just how easy it is to manipulate markets during these volatile times.One would love to believe that no one in his right mind would have taken that fake news seriously as Opec plus had just cut production by 2 million bpd just a few weeks earlier and it has been the long stated aim in the KSA to keep the oil price above $90.Anything lower and they will have a probable budget shortfall.

OPEC’s de facto leader Saudi Arabia and OPEC+’s other members are discussing an oil production increase, OPEC delegates said on Monday, according to the Wall Street Journal.
Spights at1654

Reports have emerged that Saudi Arabian officials are now denying news originating from the Wall Street Journal that OPEC is considering a 500,000 barrel-per-day oil production increase.
Spights at 1802

Your post at 1654 was actually way after news was breaking that denials were being posted that this source of news was actually erroneous so I am fascinated as to why you love to cut and paste news for shareholders .Do you actually really believe that shareholders who have invested their hard earned funds actually log in to LSE to keep updated by you on day to day news on this share.I would happily follow any link that someone posted from say Energy voice or Reuters.
but your posts are actually meaningless to me but maybe not to others but I would like to investigate this particular mode of communication.
I have been in BP.L since pre Macondo days and have what my roughly described as a serious holding that is in profit and is in the six figure costing but I am at a loss to understand why anyone would want to read your excessive posts on such a dubious site as LSE.
Ready for all negative comments that for sure are coming but cut and paste,you are having a laugh and investing is actually a very serious business so I will wait to find out other peoples opinion but I do notice that Shell,where I have an even larger holding does not suffer this kind of posting or have I blundered into a mutual admiration club where Shareholders(I believe ) like to pat each other on the back.They do that on HBR as well to the tune of hundreds per day but they are all crying now.

316 posts and still posting,time to take a deep breath and relax and take a break.Not many reasons to be cheerful for sure but everyone had advance notice as to what the hit was going to be so you could have exited and taken your losses,I plan to hang on for a while yet,I certainly dont see $60 a barrel oil in 12 months as Rookie does but thats his take on the situation and I dont subscribe to that scenario.

Pang hate to correct you but BP divi yield is just above 4% on Fridays close.The divi payment due shortly is 6 cents give or take a tenth of a cent.Big difference for sure

My HBR divi came into my Interactive accoount today on divi payment day so not sure what hold up was all about for Genel.Did anyone get a reply to their emails wondering if there had been a payment delay.

Divi just dropped into Interactive account,be interesting to see if they hold Shell and BP divi for same amount of time.Think i might reinvest today

Are you listening yet?

No,not really Jeff,you may well be right but your posts are just too monotonous for what for me is just a light hearted read every now and then.Harry Gash was more fun for sure when he was'nt sport fishing that is.Good luck all the same if it keeps you happy.

For anyone interested in this useles bit of divi info using Fidelity research,after 8 dividends over 4 years we have been paid 49.59 Pence.

This calculation only cheers me up a little bit but at least makes up for my 4 previous years when we received no divi,perhaps one buyback when Hayward was panicking as the stock plummeted from over £11.

My only consolation really when I picked up a lot of stock below £1 is that I nearly invested in Huricane at around 55 pence so I dodged a bullet there for sure

BP gives 4.4% div and to gain 15% in 12 months would have to be 535 ish and I do feel the war would have ended in 12 months which would drop the oil price.

Not sure end of war will effect oil price that much if at all.Gas of course will come down but oil price was high before war started and have seen little action to increase oil exploration to ease long term supply shock that has not hit home yet.

Same for me Pangloss with Interactive Investor which is really unusual as Divi always arrives on payment day.Am reinvesting for this and 2 more divis so may get a better share deal as price is down a little.
Am reinvesting for decent divi and it brings down my breakeven point marginally but dont see any breakout point on the horizon yet.

I left the industry in late 83 for the oil industry

Did you work as Electrician or take a gamble as a roustabout.I started as one but managed to climb the greasy pole upwards.

I remember you posting when you bailed out Lucy good call,but did you reinvest the money on a winner?
I have been here so long and still plan to hold on for £2 plus,whether it happens or not but I work out where the price of oil is going by the current price of oil service drillers like Transocean(RIG) and they are still in the doldrums so future supply replacement is really not happening so oil price is destined to stay at elevated levels for a very long time as to achieve net zero you are actually going to need loads more oil.Thats my take anyway and not aligned to present day thinking I am sure.