Member Info for oreilj

I hear that there is allot of naked short selling happening to force the oil prices to go down. Impacting companies like BP.

Anyone believe all this naked short selling is occurring?

The SPR in USA are very low... That's why Trump wanted the deal. Traders Competing for oil to use now and oil to fill SPR. Trump having a little mental down atm.. bad news from middle is east is good news for oil

Where did you see this.? Thanks

Israel troops engaged with hezbollah in Lebanon, breach of MOU first clause

Iran might use hezbollah to launch missiles at Israel if they are not happy with new deal terms...so still think oil will go up before this settles down. With the SPR demand vs the normal market demand at the same time. Oil taken from SPR will be paid back to usa with C. 22% premium. Listening to Trump I actually believe he thinks it's a good deal. He thought he had a good deal before until someone convinced him otherwise so not selling. Might add depending on weekend news. I'm long bp, Shell and hopefully will add ExxonMobil at some stage

How low can it go?

Worth keeping an eye on is how soon will China lift export bans. How will Israel respond to Trump. Apparently a Iranian nuclear scientist was shot dead yesterday in iran(mossad?)-maybe this is their approach now.

The USA SPR is low and will start refilling(low levels near to the sludge). Apparently the usa had approx 4 weeks left in storage along the gulf of Mexico. Usa want that refilled, Iran wants to move its oil also. Both sides benifit from the end of the conflict for the next 60 days... except Israel.

I'm seeing reports that Iran has fired multiple drones towards ships in the straight that haven't payed a toll, USA has been able intercepting all. This is since the MOU was virtually signed.

Israel is really not happy.

The U.S. is quietly beginning to pull military assets out of Israel, starting with about 20% of its aerial refueling planes at Ben Gurion Airport-I understand.

Oil is down and WTI likely will go below 70 it now looks .. there are unknown unknowns. I will hold my positions and see where things go, oil companies will report excellent results from this event and reserves/buffers are low

Brent holding above 80.. I'd be very weary of the Iran deal. All I hear is that it's a bad deal (worse then Obamas) and Israel do not like it either... funny how the talks are on Friday when usa markets are closesd 🤔

Israel will stay in Lebanon, Syria, and Gaza — "without any time limit."- Netanyahu

US markets will be closed Friday.

Trump lol... long oil

Wti bounced it looks. I added more on my trading account just 800 (not long term holding, trade account) so it will likely go down a little more 😊

Wonder what big players are selling here. I'm sure most European institutions know Trump can be a little optimistic at times. Wonder if this oil drop is due to U.S. government is shorting oil futures to suppress energy prices🧐🤔

Trump is so desperate to keep oil down. No indication of a deal. Trump just pumping market before spacex IPO.

He came out with positive news ahead of spacex(just to pump markets ahead of it) , he's looking again for a two week ceasefire so he can quietly get out more oil in the straight. SPR is been drained by the largest amount in history. Trump is bluffing, it looks like Trump is starting to move away from bibi..

I'm still long here not adding buy not selling.

Kinda getting like the Ukraine /Russian war.. at the start market was impacted but not so much now. Same with middle east, because oil drops down so quickly after an event. The new norm?.. but the straight of hormuz is different.. Usa markets will pump before spacex ipo

To much uncertainty at the moment

I sold my position here, with the straight of hormuz this share price did get out of the gutter. Selling too offset cgt.

Tullow best of luck

Sold my Rio.l position here. About time I banked on this bought over 1k at 47. 03. Will buy them again hopefully and collect the div.. Fell Trump is causing this share too much anxiety.

Looking to sell but when copper is projected to continue up it's to let, I'm hight five figures in thiz position