Member Info for ocelot

In this thread, yes, I can identify more than one negative post, but I shall not be doing so.

Sorry, you meant "thread"!

You've lost me, Yanis - "in this threat", what threat?

The negative posts make me think of muzak in a public place - after a while, one hardly notices it.

Negative posts might be more effective if they were less constant.

French and German electricity prices jumped after Electricite de France SA revised down the production forecast for its nuclear fleet that’s vital to keep the lights on in Europe.

The world’s biggest producer of nuclear power reduced its estimate by about 8% after finding defects at some reactors. It’s another blow to Europe which is already facing an historic energy crisis with natural gas stocks at their lowest in more than a decade for this time of year.

The German February contract rose as much as 22% to 235.50 euros ($270.07) a megawatt-hour while the contract for the next quarter climbed as much as 23% to 183 euros on European Energy Exchange AG. French contract for April to June delivery added as much as 24% to 191 euros ...

Fresh extension of outages at several reactors means that at least nine reactors will be offline at the start of April, cutting almost a fifth of the total output, according to data from grid manager RTE. As recently as Tuesday, Ecology Minister Barbara Pompili said the country has “too many” nuclear reactors offline, as the government was trying to gain control of the crisis ...

https://www.bloomberg.com/europe?sref=Em01M8Hr

ICE front month contract up 5.4% to 216.000p at present.

Ibug,

I note that you agree I am not requesting that anyone agrees with me.

Ibug,

I'm simply expressing my opinion, I'm not requesting that anyone agrees with me.

Ibug,

It's the implications of the oil price for prospective operating margins in Turkey that interests me (for the present).

$85.05

Many thanks for the post, Moodyboy.

The production increase of 400,000 bopd doesn't appear to be happening. Russia, in particular, doesn't seem to have any meaningful additional capacity for the present.

Alba holds 54 per cent of grock. the other 46 per cent of the assets was sold of to do more exploration in wales.
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No. The other 46% was sold into the market to raise funds for GROC.

But, if you listened to today's podcast with Justin Waite, he spoke of Groc in very positive terms, so, although it can never do any harm to pray to God to help us, I'm not sure it is required at the present time.

So what is the attraction of Alba for you, asllankukeli?

“A strong and stable leadership could set the pound on a better course, though we would have to get beyond any leadership shenanigans first,” said Jane Foley, the head of foreign-exchange strategy at Rabobank in London. “Currencies tend to like strong leaders. The politics around Johnson right now are a distraction.”

Can you imagine if social media had existed in the 19th century? The industrial revolution would never have taken place!

Front month Feb 22 closed up 14.5% at 206.000p:

https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188709

A hedge fund run by commodities trader Doug King posted a record return last year, thanks to soaring energy, food, power and freight prices.

King’s $244 million Merchant Commodity Fund gained 74%, beating its previous best of 59% in 2014, according to an investor letter seen by Bloomberg.

London-based King, 55, is among a cadre of hedge fund managers, including Pierre Andurand, who made huge profits from commodities last year amid a global economic recovery from the coronavirus pandemic and supply disruptions ...

... King said it (oil) could soon hit $100 and even $200 over the next five years due to a lack of exploration and investment to maintain existing supplies.

“We believe in structural supply-side commodity inflation that most will not have ever seen -- the highest since the 1970s,” he said in an interview. “Only OPEC will react to price metrics and they are undershooting every month.” ...

https://www.bloomberg.com/news/articles/2022-01-13/commodity-trader-king-eyes-200-oil-after-record-hedge-fund-gain?cmpid=BBD011322_CEU&utm_medium=email&utm_source=newsletter&utm_term=220113&utm_campaign=closeeurope&sref=Em01M8Hr

Currency traders are starting to factor in a new trigger for the rally in the British pound: the possibility that Boris Johnson will step down.

Far from the eroding the gains that have made sterling one of the top performers versus the dollar this month, the prospect of the prime minister’s resignation could give the currency a further lift, according to some strategists.

That comes against the backdrop of broadly improving sentiment on the pound as traders set their sights on a Bank of England tightening cycle and a potential shift to the endemic stage of Covid-19 ...

https://www.bloomberg.com/news/articles/2022-01-13/resilient-pound-primed-for-surprise-boost-from-johnson-s-woes?sref=Em01M8Hr

There's a 4th RNS for 11m (1%) - that looks as if the holder has topped up to arrive at that level.