Member Info for Plebleens

The CME reduced margin call requirements for WTI future contracts from May through November. Important development for bringing back liquidity to the oil market and likely calm the recent downside volatility…will ICE follow suit?

US Natgas numbers on the charge , as the search for replacement global stocks to replace Russian dependence. Coal ban feeds through to the rest of the energy complex…

Inflation Hedge needed in many a portfolio

Tolmount AIS been off for 4 days…final throes of commissioning? Didn’t somebody mention Good Friday….? Let’s hope so to bring some Easter cheer

Good luck all

Soon see …holdings RNS at 1800? That level looks like a weighted average of the week?

And that’s the massive quandary….Russian oil production down 500kbd this week, as refiners drop runs on lower product demand and storage runs out …middle distillates strong as goat’s breath with lack of these refined barrels, ditto fuel oil as no straight run and with the coal ban, the oil complex should move up, as well as gas…yet crude dropped 10 bucks in the week…Shanghai lockdowns will ease soon, especially with Hong Kong moving away from the zero Covid policy…little premature for demand destruction but crude market acting like it pre empting one….dollar stronger but not outrageous…suppose down to the amount of buyers for floating Russian barrels, with the screws tightening…the middle distillate section the most worrying for oil markets…just need deeper pockets to buy these dips. Hbr on the other hand still heading for debt free status sooner than many think. The 668 high from March 21 tiring in nicely with the analysts estimates…mind the gap after that…

Or did you forget your Abbott Ale Bays? The true definition of first gas

Very quick turnaround on the jaguar today snd straight back to Lowestoft….probably forgot the wrench to turn on the tap…nut in all seriousness should be imminent?

Fidelity…one of the worlds biggest investment firms…

Assets under management: 812.8 billion USD (31 December 2021)…

Once the company sets the record date, the ex-dividend date is set based on stock exchange rules. The ex-dividend date for stocks is usually set one business day before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.

Reality jefffery, time to move on from here.

In which case, please take the crusade to another forum, plenty of which have a much wider audience. Agree with the others this should be about hbr both positive and negative with a bit of oil politics thrown in…Good Luck for next week however you want to play it…talking of which what happened to our speado wearing analyst from the Far East…stopped posting after the annual results…somebody should write a book about the characters that inhabit these boards

Because GiC has 110 million shares to offload and the market on close matching trade allows decent clip sizes to be matched…lazy execution (and some May say stupid) in my honest opinion with current cash generation and inflationary environment but they were there to help chrysaor and EIG and need to take some minor profit on their investment

CNOOC exiting Buzzard with a $3bn price tag….just saying

Keep up the good pr on #oott oned

Totally agree, Russian production already 1.5mm bps lower as with fewer buyers and limited storage, logistics are becoming somewhat stretched. And that’s before Thursday deadline on paying in roubles and also Russian kit doesn’t fare too well from being offline for any period of time. Add CPC outage of supposed 360kbd, and Nigeria and Libya etc unable to add any more production..Iran already producing 4mmbpd according to their spokesman…leaves only the Venezuelan question and how long China holds out with Omi….supply side is tighter than its ever been, just the volatility enough to ruin your pants on a daily basis. Houthis said cease fire over Ramadan , starts Apr 2nd..let’s see. Let’s not forget we still over $100 and fighting is still raging on sadly

Allows allows some of the froth to settle on the RSIs, snd other indicators, which we’re looking a bit over extended…crude recovering, serica moving back up , airlines dropping…Algos resetting . Well done bays

To be fair Serica getting hit yesterday and today in similar fashion, (almost identical price movement) despite the rest of the oilers stable/positive so looks like a profit take followed by a bit of a shakeout on low volume…

A rehash of yesterday’s Zama unitisation and PEMEX being appointed as the official operator seems to be providing a decent dip to buy in the last 30 mins? Yesterdays news….

Dow weekend futures off only 50 points and there is only so many times the world can cry Omnicrom or SPR release. Look how quickly Europe came back….Iran already exporting at pre sanctions levels makes the JCPOA look irrelevant. CPC export damage is a bigger problem as well as the gradual drop in Russian barrels…even India will relent…diesel shortage is the energy complex biggest problems along with margin calls amongst the trading houses. Talking to industry mates Litasco and Gunvor virtually ground to a halt…this is massive to keep those Russian barrels flowing… only when oil spikes quickly til $200 will the demand destruction fully kick in and the scramble to control inflation kicks in….all looking a bit quicker than many thought snd panic trading will set in…HBR will print cash but do no deals…get your timing tight but feels plenty more upside to me…we all need to own ‘things’ in this inflationary environment…

Anybody know what other oilers GIC have investments in? Intrigues me why they are having to reduce here? Or is it just as simple as wanting to be out before Apr 1sr rather than a conflict of interest?

IPE increasing margin call again tomorrow, which should knock on to those wanting to have exposure to oil and gas price moving into pure E&P play equities, as well as making the volatility in the futures markets ratchet up another level. Should bode well for HBR

They obviously have a different target/merger as surely would have had first dibs on those MOL assets