The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yes Pernix the Russian liquid fuels output is expected to drop by 2 million bd = 20% ish by the end of 2023. Also within the next six months insurance companies will stop insuring any tankers carrying Russian liquid fuels. Where possible these tankers will be made to travel further thereby increasing the cost to the end customer, who will then want more than the $30 pb + -discount they already receive putting more pressure on Putin.
Oil pulled back today because of new lockdowns in China, however Nat gas is now over $9 and
I never said the sp is going to rocket to £30. In fact prior to today if you check my posts over the last 2 years you will find I have never once mentioned £30, and you can to do this because I have never changed my name. I just find it boring when some people keep on whining zzzzzzz
Yes they are playing the shell game and crude is the pea. Surely they can track the ships with satellites and then inform potential customers. Some won’t care but at least they won’t be able to say they did not know.
Larry this article is a couple of days old and since it was written China has put large manufacturing areas of Shanghai and Beijing back into lockdown. Unfortunately this will once again slow the amount of oil they need to import. Why don’t they just ask for some Pfizer?
Xi is saving face really more important than the economy, and more importantly the health of the Chinese nation.
Yes Larry I was following the fire yesterday which could not of happened at a worse time but there are five more ports the US export gas from.
AAK, yes we are all adults so stop crying. Everything you have mentioned here again is old news and banging on about it everyday isn’t going to change anything. So if you want the share price to go up stop talking it down or did you sell shares last week and now you cannot get back in.
If you have been holding Shell shares for such a long time prior to Covid and the war how come you only have 31 posts. Personally I prefer to be optimistic.
AAK, during the past two years if I was given £1 every time someone said the share price will never get over this or that I would be a rich man. £30 may take sometime but personally if we reach £26+ by the 4th quarter results I will be very happy. Relax