Member Info for Pipk

Bbl looking as though it could reach 55 end May before poss retrace......cold helping, increase in China imports, reduced rig count, increased driving in US / Europe.

Fundamentals pointing to 1900 soon.

If start of a rebalance is identified as ongoing against prod over next 4 months then can see tRFSB gaining another 10%, like the PRU it should not suffer too much from a get out vote from Europe. News of a speedier integration / sale of BGs Ops where not seen as part of core business will also support the push for a rise in SP over nex few months....

Synergies RDS/BG looking to be greater than 3.5 Bil, 10% lift in price next 6 mths more likely that 12 mths.

Looking at. US data and Japan....AHT hi today could be 21!0.......my bet.

Lst post AHT......Read bottom 850 and 1000 going forward by Easter week.

Looking at Far East markets and US news looking to see this at 210 as a hi today......bottom of 200 going forward.

200 looks like a bottom for Tuesday......then a pick up come the week after Easter GLA

With Brent Spot above 37 BG / RDS sums are starting to add up, eighteen barrier is looking to be well in reach in next month.....end year at 60+ and it should be in low 20's. Just needs governments to keep tax take in check and not get greedy.

Looks good long term, ISA will benefit.

Looks like people have used up all they bought at Xmas up North.....the two MRW shops I shop at are chocker most of the day incl Sunday's , the petrol station is busy from 07.00 onwards......and vouchers have to a be spent/redeemed in stores now......

Looking good as a banker to put away in the ISA, once oil sorts itself out this should see 25% life.......people need insurance one way or the other, Pru can / should also benefit by further cost reductions and technology improvements. GLA

Book shop sales increasing (Reported in recent Daily Mail article) .....Amazon book sales also increasing.

Builders Merchants reporting (Small to Medium Builders) doing refurbishments very busy on both side of the pond, new build projects still need to increase, but reasonable activity should be maintained thanks to low mortgage rates for property upto 999,999. industrial entities appear in many areas to be holding off on Cap Spend on outright purchases, rental holding its own......oil price rise will no doubt have a knock on impact even though it's not the major income stream for AHT some may seem to think considering the correlation. GLA.

Builders Merchants reporting (Small to Medium Builders) doing refurbishments very busy on both side of the pond, new build projects still need to increase, but reasonable activity should be maintained thanks to low mortgage rates for property upto 999,999. industrial entities appear in many areas to be holding off on Cap Spend on outright purchases, rental holding its own......oil price rise will no doubt have a knock on impact even though it's only a

Interesting snippet in one of the papers today re. US cutting loose from Saudi, maybe that might start to make the Saudis think again on keeping production at hi levels....surprised if Saudi can't beat shale why they not buy into it....that with a prod reduction by Saudi may get buy in from others and would benefit them big time....GLA.

Iran to meet with Russia and several others as reported in Iranian Press today.....visits organised with Gulf Producers.....may be a start to something bigger ! If reported drop in profits for RDSB is less than 55% then things look good, if it's 50% less then should see lift in SP. GLA.

With no need for fire sales due to a Mcondo type incident, Shell are better placed to take advantage of upstream and downstream opportunities in a tight market, all in all an excellent buy at this price.

Some good asset sales made recently and more to follow......this should help out with Divi in short term and allow greater focus on the Gas Side where profits should start to pickup thanks to Enviro Global Commitments, people still chatting in background re. Prod limits and many smaller oilers look set for the wall or takeover....all should help the price.....10 of even 20 USD / Bbl looks like pie in the sky, whereas 35-45 by March end may stand a chance....

Think ! If Russia was allowed to cut back in summer months and Saudi in the winter ! Others staggering their output throughout the year to even the peaks and troughs......this way it gives Russia a chance to mothball wells before winter and the parties to set in place a production monitoring system e.g. at terminals. As for US production it needs Putins new friend Donald to step up to the plate with one of his decrees e.g. Only rigs painted red can frac. As they say where there's a will there's a way......might not be this one, but sure as eggs someone somewhere will be working the plan...GLA