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Jon009:
Looks like your on a winner there re: Brent heading up. Easy does it. Must buy another can of petrol today for my contribution. GLA

At 6.08%, and brent / pmo pinching bottoms. Hopefully we are moving out of the 42 and 43 channel respectively. The vaccine has helped but the IEA inventory report due tomorrow but some opinions are flaccid https://www.worldoil.com/news/2020/7/21/brent-hits-four-month-high-on-eu-coronavirus-stimulus-agreement. EU stimulus too. Solidarity forthcoming hopefully. Also still on the sidelines with their oil positions . https://uk.reuters.com/article/uk-global-oil-kemp/column-hedge-funds-stick-to-the-sidelines-on-oil-idUKKCN24M14N
I'm hopeful here besides second wave and all that- they appear to be going more for upstream bargains. Interesting week ahead. GLA and Nighty night Campers

Well, we got front page on London South East news page. The words 'pleased to announce' and ' immediately cash generative' were good enough for me to see.
The sp tells me everything- it is as Mnazir90 said- all the oil companies are red this morning (certainly on my watchlists). Brent is still flattish and has been for days now apart from a short excursion above ~43. But as SK rightly says, there could be further to fall. Even though the market has known about the deal for months as Mnazir90 notes. An interesting week ahead then (the market can be v. slow and not 'complete' its reaction in a single day). Off to the garden. GLA

Personally, i'm just keeping a weather eye on brent ; PMO should follow sooner or later. Bat soup virus is flaring up in places but that's no surprise. Looking for Poundland by January but we'll see lol. Just more bargains for the dry powderers. GLA

Looks like the sp is settling and heading up again. Not that i'm impatient for total retirement, oh, no.

Up and down like Mr. Partridges Punch and Judy show over at Maplins. I need a Tizer and a Lion Bar to steady me poor nerves. Still a good day in that all of yesterdays rise wasn't pecked to bits. Just as well the ftse and brent were nicely up. Breakout achieved for brent hopefully. Tomorrow will be really interesting. Ho-de -Ho, Campers .

The bottoms are raising. On the way up again ?

The drop looks as though it is starting to slow. The brakes were off to 42.22 and then the mm's dropped it at 14.30 precisely according to our intra chart. Still no massive second wave after all these weeks. Steady as she goes but no cigar-yet. mm's keeping price low for their clients/ fwends maybe. Mondays are usually hellish. Opec + commends Iraq for cuts compliance, maybe cuts will taper. Olivia given the excuse to drop. Market should take a few days to adjust then up again to 43 towards the end of the week all things being equal. GLA

Hopefully we will have floored out this week. Oh well, its very good to be in the 40's anyway. Not expectin too much for what are usually quite vlatile Monday mornings but hopeful for the end of the week. Covid19 outbreaks have not really increased too much but its early doors so i understand all sizes of investors are unwilling to commit too much. Oil and gas investment has dried up according to some https://www.rt.com/business/494368-oil-price-growth-150-dollars/
which could result in zooming prices later on. But week see. However, someone earlier mentioned the draw on floating storage is certainly strong. Although the Baltic dry has yet to recover after its big fall last week.
We'll have the Blue Nun on ice at the 'Arms eventually. GLA

Should have stayed away longer. The sp was much better when ARCM was on our back.
Still we haven't dropped any more so it might just be some ii's who are 'repositioning', maybe a Holding will be out shortly to reflect this. And/ or what with many shops/ businesses starting up again investors are withdrawing on fears of a sudden spike over the next few weeks.

Groan. Switching off for a few days. Will do some work training instead.

Euroland with lower growth news and pub cosure have spooked markets imo. Bat soup virus still on the menu for a while. At least the fall has slowed to a trickle. gla. The 'Arms is wrapping everyone in cling film as a precaution with garden hoses to breathe through, pointing into the beer garden shrubbery. A yard of Tizer/ Shandy Bass is still 2 metres for now.

Vol pretty low and I would have expected 5% + given the FTSE and Olivia strength. Something afoot. Ii's may think a fundraise is upon us possibly. Well see. GLA

This article may have rattled the sp also.
Additionally and mentioned in the same article Saudi may consider a price war if Angola, Iraq and Nigeria don't tow the line.
An interesting week ahead ! 'OPEC+' fruit machine installed in the 'Arms replacing the Noel Edmonds and Mr. Blobby machine. Win a pair of Farah trousers and a Toblerone mobile phone.
https://www.rt.com/business/493680-russia-opec-ease-oil-cuts/

Yes, slapped down on every rise. Something fishy.

The 250's up and so is brent. Less adverse covid news today also. I'll be surprised i we don't end blue today or it'll be homemade Pot noodle for tea and rola cola. gla

Tarthvader
Looks like a base at around 50-51. Maybe an 'accumulation phase' by the ii's. atb

Yesterdays news: Large storage draws. China very hungry, ports and refineries v.busy. Floating storage demand dropping. Looks good for Olivia gla

https://www.zerohedge.com/energy/platts-4-commodity-charts-watch-week-1

Wow -Blue finish- didn't expect to land back in the 50's. Off to the (home) gym.

typo:
'now' instead of 'not'.