Member Info for ocelot

The Kingdom calls for an urgent meeting of OPEC + and a group of other countries, with the aim of seeking a fair
agreement that will restore the desired balance to the oil markets
This call comes in the framework of the Kingdom's endeavor to support the global economy in this exceptional
circumstance and in appreciation of the request of His Excellency the President of the United States of America
Donald Trump and the request of friends in the United States

Trump's words need to be clarified:

https://www.bloomberg.com/news/articles/2020-04-02/trump-says-saudis-russia-will-cut-production-after-mbs-call

$5 now

Brent has just leapt about $2

https://uk.reuters.com/article/us-oil-opec-russia-saudi/russia-does-not-rule-out-returning-to-oil-talks-with-saudi-arabia-idUKKBN21K233

https://af.reuters.com/article/commoditiesNews/idAFL8N2BQ36Q

https://uk.reuters.com/article/oil-opec-russia/update-2-russia-has-no-plans-to-increase-oil-output-energy-minister-idUKL8N2BQ0UJ

10c @ 1.2425 = 8.05p.

The same note 8. says:

No pension contributions were made on behalf of Directors
during the year.

Fair enough, I missed that.

Not sure how useful a piece of information that is, seadoc!

https://www.bloomberg.com/news/articles/2020-04-02/china-to-start-buying-oil-for-state-reserves-after-price-crash

China to start buying oil for state reserves.

https://uk.reuters.com/article/uk-global-oil-saudi-russia/saudi-wants-cooperation-to-bolster-oil-blames-russia-for-turmoil-gulf-source-idUKKBN21K0DU

https://www.bloomberg.com/news/articles/2020-04-01/trump-set-to-meet-with-oil-executives-reeling-from-price-drop?srnd=premium

... The Wall Street Journal, which was first to report on the meeting citing unidentified sources, said Trump would discuss a range of options to help the industry, including the possibility of tariffs on oil imports from Saudi Arabia.

The meeting is to take place on Friday, the Journal said, with major drillers including Exxon Mobil Corp, Chevron Corp and Occidental Petroleum Corp due to participate...

https://www.reuters.com/article/us-global-oil-usa/trump-oil-ceos-to-discuss-aid-possible-tariffs-on-saudi-oil-wsj-idUSKBN21J6JX

... The Wall Street Journal, which was first to report on the meeting citing unidentified sources, said Trump would discuss a range of options to help the industry, including the possibility of tariffs on oil imports from Saudi Arabia.

The meeting is to take place on Friday, the Journal said, with major drillers including Exxon Mobil Corp, Chevron Corp and Occidental Petroleum Corp due to participate...

Thanks, hasiba. This is Reuters coverage:

https://www.reuters.com/article/us-global-oil-usa/trump-oil-ceos-to-discuss-aid-possible-tariffs-on-saudi-oil-wsj-idUSKBN21J6JX

Reported (the first time I've ever done that).

The remaining GBP500,000 balance of the facility may be drawn down, subject to material adverse change and liquidity restrictions equally on 31 March and 30 June 2020