Member Info for Oiled-up

Just looked again after the ftse settled down…
Bp turned down - 0.35…
I don’t believe it…!

The Federal Reserve raised interest rates to 0.25 % today for the first time in more than three years.
Bp moved up 0.35 on the uk FTSE in ONE day…!
Put it that way today’s dismissal outcome is a little better…
FTSE up 115.98. I’m ok with that, Just disappointed..

“New BP shareholders optimism”
Somehow a week in Bp seems longer…

Harmonica,
All that typing when there are unmade sandwiches…!

Trying to understand:
Words UPSIDE and BP…?

I will get to know Harmonica…
She doesn’t know it yet but she’s coming on holiday with me.!
I will post pictures on a beachy head post card…after a really good spell check, of course…

Hi Mark..
Dark Humour is a love of mine….know one else likes it but I do . As I age I find myself living in a world I do not understand,
But that’s fine I just abuse the many and stand with the few who might understand….
Well that’s great news to think I will have my very own Plaque on Beechy Head cliff and on the Cliftonville Suspension Bridge …
Now planning Holidays…

pennies….Then …Already.!!!
??

No it could not hold the 2 penny’s …
FTSE up 120 odd pips: Bp + 0.35 …! It’s nice to see the + sign though..! ??

Great … ka ching….
(Sarcasm on)
Aviva only pay 21 pence a year….? With out the stock growth..
(And off again)
I do see what your saying but the 2 penny rise is already slipping away…
Trying to keep positive about Bp .. it’s a difficult one.

6 pence more and I’m “IN” the money……
That’s if I grass over the fact my other stocks are up around 24 pence in the last week..

Hi Mark..

I do appreciate your views, Apologies What for ….? That’s your view your sentiment and I do like to listen to all sides…
You sound like you have been with Bp for the long term disappointment…?
I’m hoping for a little more light at the end of the tunnel but I fully understand the negativity this Bp share gives off at this time when (Mostly) every thing else is flying….
As to my view : the stock market give-th and the stock market take-th…
On the up side the rest of my portfolio is doing really well today.. say’s he trying to end on a positive note

MarkGo…
Never work for the Samaritans help line….Please…!
Only joking..
Why oh why….? I was thinking about the war , head strong Putin, cutting off the supply to the EU, Russias oil being mainly used for diesel… Along those lines….

Gary59
Thank you for your take on this.
I did originally move the monies made from property mainly purchased in 1981/86 to Royal london sterling & Artemis High Income but they dropped quickly when the covid arrived so moved monies out of fear more than anything …
The stock market was the last thing on my mind when selling property but watching it fall so far each day it became a strong draw to me , I mentioned the main holdings before that I still hold mainly for the dividends to replace the loss of rental income.
Aviva has done really well and pays a good dividend when it hit 4.38 It had doubled in price for me so looking to take half out for the diversity you wisely mentioned …
Which brings us to the purchase of BP…..(it is a BP chat forum not all about me…!!!)
You say the amount was high for one company…! Yes it is but I’m not that smart …I was just in the right place at the right time with a liquid asset and being prepared to take a loss during covid , which turned out great…
Did the same with Bp , Not so great….FTSE flying up today..Bp doing the opposite, It’s painful to watch…

So I can’t add links to this site ….Now I know that.
(Reuters) - Three million barrels per day (bpd) of Russian oil and products may not find their way to market beginning in April in the wake of its invasion of Ukraine, the International Energy Agency (IEA) said on Wednesday, as sanctions bite and buyers hold off.

Rising commodity prices and sanctions on Russia "are expected to appreciably depress global economic growth" and impact inflation, said the Paris-based IEA, offering a bleak picture of undersupply and uncertainty for the oil market.

https://uk.investing.com/news/commodities-news/iea-says-3-million-bpd-of-russian-oil-could-be-shut-in-next-month-2606034
Would this send the Bp sp up….? FTSE up 100 pips is not helping (at time of writing)

Meoryou, Thank you..
I like all opinions, I too think the long prognosis of BP is good but just feeling a “what have I done moment”
I did not think it was going to £4 next week but thought it might follow the oil market trend Glencore up 11p at time of writing..Bp down 3.5p .. so like “some” others on here I’m feeling a bit despondent over my resent purchase.
Boo-Hoo me…! I also understand others are at a bigger loss than I…A few more days to make a decision but I would like to hear other opinions from fellow investors…

Newbie on this site:
Sold buy to lets end of 2019 so lucky enough to have the cash to pour in to the markets early covid but only after taking a hit from my Royal London funds -134k
After much research: Aviva, Lgen, Marstons, Barc. So far they have all done well, My biggest holding Aviva a few weeks a go hit 440 so I decided to sell some to diversify…Good idea said I was to go into OIL, BP looked good and with the war going on sanctions etc. I brought 82000 shares last Wednesday @ 367….so not feeling the love from BP so far, I was thinking to buy BP with the view of a long term holding but beginning to think just get out and go back to Aviva and get the dividend (6th of March).. I would like to keep them but so far: The price of oil falls, Bp falls, the ftse is up Bp falls, Bp buys in to projects to make them a bigger better company, Bp falls. Today FTSE is flying oil prices are up…Guess what…!
So looking for encouragement to stay with or take the loss and move on…?
I have done my own research but I would like to hear other peoples point of view….

“When you consider the oil price carnage....??”

I’d say just about NOW….!