Member Info for Optimus

Hi Roostermillions Yes Likewise has massive potential and it’s a business I know well but it’s a slow burner and not very liquid and the spread is large.

It’s more of a buy and hold for me .

I buy them on T212 with no trading costs.

Sometimes you have a wait for your order to be filled as T212 act as their own broker on these.

They are over the counter OTC but are often off book and called SINT trades.

I drip in as and when. Good luck if you go for them

Hello Armani OMI Orosur Mining Inc?

Yes, BP dividend 13th November just in time for Christmas with a 5,8% yield I am happy to top up and hold.

I also added to LIKE. LIKEWISE Group this morning.

Good luck all

Good morning, Armani and well said. I have topped up this morning and hoping we will be on the rise back up to 460 by Christmas.

Good luck all

Yes its a disgrace .It shouldn't be allowed

Hi Primetime I feel the same but also thinking off adding but like many not sure?

If you are in profit then 5.8% yield of BP makes the decision a little easier to make. Plus, if you are reasonably long-term according to stats we have at least another 5 years of oil peaks.

See below.

Global oil demand is projected to increase by approximately 700,000 barrels per day in both 2025 and 2026, reaching around 104.4 mb/d, but this growth is expected to slow down and plateau by the end of the decade before potentially declining slightly. Key factors influencing this trend include the continued growth in demand from non-OECD countries, a gradual easing of demand due to factors like electric vehicle adoption, improving fuel economy, and energy efficiency efforts.

Near-term growth: Global oil demand is expected to grow by about 700,000 barrels per day in both 2025 and 2026.

Slowing growth: This growth is slower than in previous years and is forecast to decrease further throughout the decade.

Long-term plateau: The overall increase in global oil demand is expected to be around 2.5 million barrels per day between 2024 and 2030, leading to a plateau of about 105.5 mb/d by 2030.

Key drivers: Demand growth is primarily driven by non-OECD countries, while factors like the increasing market share of electric vehicles, better fuel efficiency, and energy efficiency measures in the power sector will moderate growth.

Peak and decline: Oil demand is expected to peak around 2029 and then plateau, with potential for a slight decline thereafter.

In 2025, the UK gets its oil from a combination of domestic production, primarily in the North Sea, and imports from other countries, mainly the United States and Norway. While domestic production continues, the UK's reliance on imports for both crude oil and refined products is growing, with the US and Norway being the largest suppliers of crude oil.

Domestic production

The UK continues to produce oil from its own waters, with the North Sea being the main source.

New projects, like BP's Murlach field, came online in 2025, adding to domestic production.

However, overall production from the North Sea has been declining, and imports are rising to meet demand.

Imports

United States: The US is the UK's largest foreign supplier of crude oil.

Norway: Norway is a major supplier of both crude oil and gas to the UK.

Other sources: Other countries like Kazakhstan and OPEC nations also supply crude oil to the UK. The Netherlands is a major source for refined petroleum products, acting as a trading hub.

Russia: The UK has not imported oil from Russia since the ban was implemented in late 2022.

Future outlook

The UK is projected to become increasingly reliant on oil and gas imports in the coming years, with one report suggesting it could be importing around 70% of its oil by 2030.

While new domestic exploration licenses are being granted, the long-term trend points towards a greater reliance on imports to meet energy needs.

Following a 2022 ban on seaborne Russian oil, Europe has diversified its crude oil suppliers, relying heavily on Norway, the United States, and Kazakhstan in 2025. Despite sanctions, some countries continue to purchase Russian oil via pipeline.

Key oil suppliers to the European Union in 2025:

Norway: A top crude oil supplier, providing 15.2% of Europe's petroleum oils in the second quarter of 2025. Norway is a major exporter of oil and natural gas, with a strong focus on European markets.

United States: The U.S. has significantly increased its oil exports to Europe since 2022 to fill the void left by Russia. It supplied 14.2% of Europe's petroleum oils in the second quarter of 2025.

Kazakhstan: This country has a growing role as a supplier, providing 12.7% of Europe's petroleum oils in the second quarter of 2025. Kazakhstan's exports to Europe increased notably between 2023 and 2025.

Middle East: Europe is importing less crude oil from the Middle East compared to previous years. Factors like the Red Sea crisis have increased shipping costs, prompting Europe to turn to suppliers like the U.S. and South America instead. Despite this, the region remains a significant global producer, with Saudi Arabia, Iraq, and other countries still exporting to Europe.

Russia: Imports of Russian crude oil by sea have been banned by the EU since December 2022. However, some landlocked EU states, such as Hungary and Slovakia, continue to receive crude oil via the Druzhba pipeline under a temporary exemption.

Contextual factors influencing Europe's oil imports:

EU sanctions on Russia: The EU has implemented several sanctions packages targeting Russian energy products. This has fundamentally altered Europe's energy landscape, forcing a major and ongoing diversification of suppliers.

Red Sea disruptions: Geopolitical tensions and attacks on shipping in the Red Sea have increased costs for importing oil from the Middle East, making other sources more attractive.

Persistent demand: Despite ambitions to reduce fossil fuel consumption, Europe has largely replaced Russian oil with supplies from other countries rather than cutting overall demand. Road transport usage is back to pre-pandemic levels, and the aviation sector is still a major consumer.

Https://oilprice.com/Energy/Crude-Oil/OPEC-Nears-Its-Limit-Leaving-Prices-One-Crisis-Away-from-a-Spike.htm

BP being derailed by Opec .... some very disappointing short term pull backs but long-term BP shows its massive commitment to Oil and Gas as seen by the $5 billion offshore drilling project in the US Gulf of Mexico.(announced on Monday) A floating platform that can produce 80,000 barrels of crude per day (I know it’s a while off) but it’s very positive sign of BP's commitment

In the meantime, we stay and collect dividends

Https://oilprice.com/Energy/Energy-General/Forget-OPEC-Warnings-The-Real-Oil-Shock-Is-Happening-Inside-Russia.html

Thanks spights .........It looks like BP pushed straight passed £4.40 and up to £4.45 we have some great momentum right now and Brent got up to 6990 at 1600 hrs breaking the 200-day exponential average. Its looking positive, long may it continue.

Gool luck all

Https://www.proactiveinvestors.co.uk/companies/news/1079188/bp-rolls-back-oil-demand-peak-by-five-years-1079188.html?rel=scroll

Ok so we have got the £4.40 but current issues are we have now landed on a topping pattern. The first one being daily candle of 3rd September, then the same top on the 2nd of April. Then another on 3rd of March.

This is very likely to bring some sellers in before we go for £4.50. We might just have to suck it up for now and hang on. Absolutely no point selling now as next Ex divi is on 13th November I see 470 before year end if PO stays positive or even consolidates. Idealy we need Brent to break past the 200 EMA getting back up to 70 .

Good luck all

Just been looking at the chart a lot of buying in the last hour. It’s very possible we could get to 440 this week, if not his week by the end of the month.

It’s all looking very positive at the moment.

CORRECTION…. Apologies…. Next Ex dividend 13th of November not 14th

Thanks Armani yes, I agree (Like-Wise Group) a good investment.

Empire metals it looked like a sell order was being worked through probably causing the drop an overreaction by the looks of it. Then the last three days a rapid recovery. I wish you the best of luck with it.

BP continues to gain strength. £4.50 next stage and continued quarterly dividends what’s not to like. Next ex divided 14th November, payday 19th of December just in time for some Christmas cheer.

Good luck all

Thats interesting Armani not heard of it but I will certainly take a look right now.

I am still holding my full amount of BP and have used some of the divi for mid-week break in a quality hotel in York. Used the remainder for tickets to see a performance of Swan Lake.

( A happy wife etc )

I’ve been building a position in LIKE. It’s one of my areas of expertise but I see it as probably long term but price has gone from 16p in April to 27p now

GL all

Divi pay day and good to see this holding up at £4.27 as I type. .............Congrats to all long-term holders and newbies too.

Uk grocery inflation drops from 5% to 4.9% this month from market researcher Worldpanel.

SP moving back up now and hopefully for good

Good luck all

. Millipede strikes again totally shocking

French energy giant wins legal battle to shut down North Sea oil fields

Judges used Ed Miliband’s net zero targets as justification for ruling in favour of TotalEnergies

https://www.telegraph.co.uk/business/2025/08/13/french-energy-legal-battle-shut-down-north-sea-oil-fields/#:~:text=On%20Tuesday%2C%20Paris-based%20TotalEnergies,miles%20north-east%20of%20A

EX divi tomorow 14th