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It is thought OPEC will cut 1.1 million bpd which should hopefully beef up the sp.
The US jobs figures came in high at 311,000 which was more than expected, so it doesn’t look like the Fed will be dropping rates anytime soon.
Tanzania completes negotiations with Shell, and Equinor on a $30 billion LNG project which contains 57 trillion cubic feet of gas. They along with Exxon, Mobil, Ophir and Pavilion plan to build a LNG plant in Tanzania. Still no contract signing date.
Armani, I think I’m right in saying it’s 2200 mts of ocean plus drilling another 3000 mts below the seabed = 5,200 mts.
2% drop What happened
Lol Getafpint I like your thinking but I can see the concept going pear shaped very quickly.
Happy days Happy maybe Christmas will come early
Yes £26
£26 was my target since the bottom and at no time have I doubted we would get there, is £30 now be possible because £27 doesn’t look too far away.
Happy birthday NSS
I hope you had a memorable 60th, if not you have just over one hour to do something mad!
Getafpint, I read your post at midday and it made me thirsty, so I bought my shares back due to a week of screen burnout then went for a liquid lunch.
Most refreshing and while I was out the share price unexpectedly jumped so everything worked out very nicely. It has felt strange the past week hoping the sp will drop, after praying for it to rise over the past three years.
I have just bought back in at £24.50 after selling at £25.77. Not because of any news or data but it’s 32 degrees outside, the SE’er is blowing and it will soon be happy hour.
Hi Boyo, I am also still watching and waiting so I can buy back in at a lower price.
There is too much confusion around with all these speeches from world leaders ending with Xi on Friday and then there’s the Fed.
I am also watching and hoping for a bit of a drop in Shells share price, so I can get back in and make a few bob from my recent sell of 1000 shares.
Brent opened up 0.77% at $83.64 and it is a public holiday in the US today.
£2.50 pw, I assume that included weekends,
Luxury Bloody Luxury!
Thanks for the tips Boyo I have been very nervous when it comes to trading after losing serious money on Max back in the crash. Since I bought in to RDS three years ago £26 has always been my target but, now we are here I don’t know what to do other than stay put. So I will be buying back in and hopefully one day we will get to £30, although I’m not in a hurry and I will be putting on a stop loss just in case things go bang…..again.
Even I sold some shares for the first time since £9.67 when I bought in.
I waited all day then watched the US markets open but, the sp started to wobble so I sold a 1000 shares for £25.78. Let’s see what the future brings if it continues to rise I might sell another 25%.
Sharefall, I concur fancy another cold one?