Member Info for onedb

For reference . I do like the odd trade

Stochastic looks like turning , RSi oversold and turning , MACD same etc and Brent oil in general I closed my short last night .
My main holding was averaged at 360 sadly , this 245 will be for trading purposes unless we see the start of a proper trend up

thank you Stevo12

Also of note than the slightly lower yet still very bad inflation figures today saw stubborn and high food prices and non alcoholic drinks not energy . On the massive of exceptional profiteering why is the UK oil industry to pay for all ? Supermarkets are clearly profiteering . How do a bottle of water go from 70/80p to 110p in this insane period ? Was there a war in Scotland we weren't told about ? Seems to be raining every other day here in London . Can't see why a bottle of Highland Springs Water should go up so much in such a short amount of time . Oil took the full on blame for all problems yet its not capable alone as an industry to shoulder all government deficits ! Seems like the population believes in fairy tales and they deserve this government and the one to come .

When one looks at Brent in GBPUSD I just can't see why the EPL is applicable, its simply isn't an exceptional price and its just pure theft from populist masochism. Couldn't put it any better. Population may think hooray we get billions when in reality they won't and won't even get millions. Utter stupidity of so many that there should be a collective Darwin award on how to extinguish the country's wealth so fast .

with flat oil and much higher than a week or so ago ! < Insanity prevails

agree with Bornlooser .

Also would add that HBR is working on diversifying its geographical energy exposure and so far hasn't explained the financial up side from the carbon capture project which surely has a benefit .

The fact that North Sea production may not become investable is short term pain for shareholders but HBR already has substantial assets overseas . Some have huge potential.

Eventually the government of the day will figure out the huge own goal and pain caused to not just the shareholders but general public too. HBR is not going to disappear they will emerge stronger and less vulnerable to one single idiotic government, ( again remember the MPs didn't vote for the windfall tax this was a weak populist pandering PM , the next batch to come to power will be just as bad if not worse but by then HBR has had a head start in moving our production abroad )

The 31st of March -Apr 03 gap that was formed following the announcement of OPEC cuts is now closed and its remarkable .

Brent is over $5 above the Brent levels pre gap so all this is crazy whilst appreciating the ex div situation .

Well the old saying all gaps close , this one did . so lets surge now above 300-320 which is where we should be heading at a minimum

should give us a bullish afternoon and impact oil too so our painful holding here

Good question as today the market either didn't budge on the news which I felt was positive at least to appease the political arm of this issue.

Libertarian stands for small government . It does not mean 'any type of state intervention" . Look it up please.

Angela Rayner becomes a minister as well as David Lammy lol .

How low can we sink ?

As for bragging ..c'est la vie mate. I wasn't bragging.

Enjoy your day whilst I'll learn how to be more balanced so as not to offend your sensitivities. :-))

Labour can't define what a woman is lol . A good reason enough to be worried . Oil would be the last of my worries at that point . We'll turn into the US with its ludicrous views.

keep on projecting . Won't change reality am afraid.

You can easily find the MPs that were for and against. Tory MPs were not in favour of the windfall tax .

This from your rag.

https://www.theguardian.com/politics/2022/jan/10/tory-rejection-of-windfall-tax-on-energy-firms-beggars-belief-says-ed-miliband

Tory only in name. I am a libertarian . I despise the vast majority of politicians whether you believe in right or left that is your issue . They are all just after your vote for their own agenda not for what is right for the country.

As for your compliments they are probably more of a reflection of you than me. Its called projection.

By the way I have never read the Express in my life, I can speak 5 languages and am pretty fluent in all bar my fifth. Not to mention I can code in several too.

Am a fair person keep your labour government and councils and enjoy them , as I said I want you to live in them and stay in them. We all know the reality. I see it every day.

Just south of where I live you go in Labour council territory , trashy and horrible, strange, as the picture is repeated across the country. As I said, keep it . Tory areas are usually a lot better. That is not a partisan view but a reality. I know in which area I'd rather live in.

If it makes you happy I'll vote for Labour at next general election , I won't be the one suffering from it.

Happy that will backfire badly too. The windfall tax projections are all wrong and done on the basis of March 2022 prices . The public also thinks its taxing Shell and BP Lol ! Let them think that ! They deserve the consequences of their stupidity .

You couldn't make it . Once the tax won't be able to keep council tax down they will get slaughtered in the commons for their ludicrous claims . Let them win , we'll have a giggle watching them crash . Trouble is its always the same story . They win , make a mess and the Tories have to come in with the unpopular agenda to clean stuff up . Look at migration ! They can't do anything about it . Labour would import all of Africa if it could , yet complain housing is not enough , or that there isn't enough diversity on Ben Nevis ! They are totally all mad . Am lucky I can move any day and earn just the same if not better .

....clearly shows that Harbour is gaining political capital especially once the even more commie party will get elected by the plebs and fake commies of Islington ( funny how these kids have rich parents and now want to live and talk like the working classes lol yet don't work ! ) Am digressing here........... but Harbour is clearly gaining political capital with this carbon capture project
I won't be surprised to see both of the commie parties changing the structure of the EPL as they surely can't tax carbon capture too lol . Lunatics in power these days .

The bit that hurts me is that EPL backfiring is a blueprint for EPL on all industries too and that will back fire too. Those who support taxation have yet to prove that ever increasing taxation has improved anything. As deficits are ever increasing as are all indicators of productivity decreasing .

As for the UK sorting out the so called greenhouse climate related issues ( funny how 30 years of warming is now called climate ) all alone is hysterical maths . China and India will dominate all agendas soon . We can't even define women in the West . So hopefully HBR moves as much as it can to other jurisdictions as fast as possible .

The only hedge to this political stupidity will be to own those very firms the UK will have to import energy from in future in greater amounts and set up a fund structure offshore if you know how to ! All legal too .

had practically no impact on price ! Neither has the best balance sheet since 2014

MInd boggling

Brent / WTI reacted quick to that tonight

Crude oil -4.346 million (expected -1.8 million)
Gasoline -3.970 million
Distillates -3.693 million
Cushing -1.035 million

SPR -400,000 barrels

No idea why Enquest saw some selling today . But hopefully we see the resumption of the rise tomorrow . As oil is in rude health despite the bears constant fear mongering

We gave up about 50% of the gains since Opec cuts news with oil at today's levels

Give up making any sense out of this

the current level for Brent is healthy and I would rather is stabilised here . Gives less of a narrative to the brainwashed who will pounce on claiming 130 is profiteering yet say nothing about nearly all products in the supermarkets ! I mean even wter bottles at Tesco , Sainsbury etc have outperformed Enquest ! Crazy

Yet today with the consolidating rally in oil ( up over 1% ) not sure how Enquest has stayed sub 20 ? Are we clearing out the day traders and this pm see some price action moving up again ?