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Jakers I agree OPEC made a stupid move but it was to show the domestic market they can stand up to the US. As usual it is all about saving face. Saudis high tech jets and offence/defence systems are American made and require specialist backup and parts which can’t be bought in Russia or anywhere else.
G’day Spights I seem to remember the last two attacks hit the dock and then a couple of lorries which caused little disruption. The refinery is heavily fortified with state of the art air defence systems. If there is a major attack it will be interesting to see if the US drag there feet after OPEC said they would drop production by $2 million bpd. However this would be a good time to take out the Iranian leadership while there is the internal turmoil caused by the uprising.
**** off Rachel or whatever your name is. All you ever do while hiding behind your screen is have a go at people and never add anything of value to the board. You behave like a nasty little child in the school playground. Sad woman get a life.
Boyo, it’s good to have you back and your charts are once again making me feel all warm and fuzzy. Although last time I said that the share price went bang lol.
Earlier today I posted this on the BP board and I was wondering how much the WFT and the Russian oil seaborne ban on the 5th December would affect your charts.
I don’t believe there will be too much of an impact on the sp when the government impose a further WFT on BP & Shel. With the implementation of the seaborne Russian oil ban on the 5th December, crude prices could potentially rise to over $100 pb next month and up to $115 during the first quarter of 2023. This would surely outweigh any negative hit from the WFT IMO.
I don’t believe there will be too much of an impact on the sp when the government impose a further WFT on BP & Shel. With the implementation of the seaborne Russian oil ban on the 5th December, crude prices could potentially rise to over $100 pb next month and up to $115 during the first quarter of 2023. This would surely outweigh any negative hit from the WFT IMO.