Member Info for oiluser

The US calling oil price slide economic warfare is one of the funniest things I've heard in years. Like their own economic attacks on countries like Iran or Venezuela is something different. And they haven't even got originality to come up with something different on Maduro than the old Noriega bxllox but then again, the same author elliot abrahams.

Sammy must think we hit bottom, now hes averaging down. Will do same monday

That's actually what I meant, surely it would be in the interest of cnooc and total to relieve themselves of the risk associated with tlw

Unless they are walking away completely

Happy I paid attention to you several weeks back baysil, bargains to be had later. I did a little splurge on tlw at 27p thinking it couldn't go much lower and it did. Bought same amount again at a tad over 10p so sitting on approx 19p average in hope a sale of some assets materializes and a new CEO shows up. It's a long shot bet but I'm happy enough with cash position. Seriously considered cne a week ago and regret not having put a few quid on it but I have the feeling it will come back to 60p soon enough. Maybe even less.

This mess is going to drag on.

No poor people in your promised land?

Mactaverich, here's one scenario to grapple with. Russia let's market sort itself out. Carnage for all small producers tlw included. Big boys pick up what they like, jubilee included. OPEC and US in cartel to push prices up as Russia exports at will including anything they Iranians can give em. All flowing east to China. Check mate

Time will tell mactaverich. If one sees Russia as an enemy then one should take time to know the mind set.

Ah yes, CNN??, in a western society even 50 years ago it would shut down and its editors charged with treason as its sole purpose now is take down their own president even if he is a dodgy buffoon. Sure what did bozo Johnson do. He was gonna let the virus spread in the community and then changed his mind. I see today that the UK deaths will now only be confirmed as CV related if the family permits the notification, a little carpet cleansing me thinks.

I lived in Russia, have family there and know a fk of a lot more about Russia than most. So take your brainwashed head out of your arse and think looking through a different window for a change. Russia prepared for this for years, despite sanctions, despite thrests, despite ejits like yourself Russia will come out of this just fine. Is it as good a country, no better or worse than most western countries.

The idiocracy of people thinking western media is anything but propaganda designed for mass consumption by non discerning ejits is the icing on the cake sp taverich.

Putin and co run rings as round their competition. Do you actually think MBS acted alone. Putin about 5 moves ahead at the moment, and is selling Iranian oil to American refineries since 2017. You couldn't make it up in all honesty.

Your a gob****e, Sputnik no different to the garbage party political tripe were force fed in the UK, EU and US. Not to mention everyone on here worried that moody's downgrades the company yet dismisses what they say about Russia. Syria is not an expensive exercise, it's no as Afghanistan. Libya, minimal involvement. In fact it could be said that the Russians get far more bang for their buck when it comes to meddling.

People forget a few things about Russia, it's got it's own currency the ruble which devalued significantly 3 weeks ago when markets crashed. Oil income is paid in dollars. On top of that, the Russians whether through fear or practice are a damn sight better at weathering a storm than us pussys in the west.

Russia ain't gonna blink, why should they. The pressures being put on SA. Win win for Russia, who will keep pumping while US and SA and rest of OPEC enter cartel practice soon enough to save the shale banksters

https://sputniknews.com/business/202003261078717596-russia-can-sit-on-its-assets-to-ride-out-storm-of-plummeting-oil-prices--moodys/

A dreamer you are, what a load of codswallop

Russia has very limited ability to increase production, most fields are ageing. Their main ability to increase export is to take more oil from Iran and export more of their own. It's only a short jaunt up the Caspian sea, a sea the US have no control over

It depends on how you look at it marcel, the US cuts lots of production. It just wasnt their own.

Muppet

TV told me nothing, my sister is a nurse in Milan u disgusting excuse for a human being

It may well be the flu, but it's the worst flu in many many years. Trivializing what's going on in Italy and Spain and potentially the UK is nothing short of wrong.

Not offering advice, just stating the undeniable facts related to the initial state at announcement. I might be wrong on the price +/- a few pennies but check it out for yourself. I initially believed 300/350 million shares would be issued but now its anyones guess if this proceeds or is cancelled or takes another turn. If it doesnt proceed then lots of debt to be paid down in 14months, on the + side maybe zama gets sold and maybe big oil jackpot in Alaska. Both of these together would change the outlook on debt. And of course a much improved oil price.

Dilution to follow, and when initially proposed SP was around 90p