Member Info for spights

Any chartists here.Next resistance level?
£5 next stop?

https://www.livecharts.co.uk/MarketCharts/brent.php

34.12 USD -0.070 (0.20%)

34.24 USD +0.050 (0.15%)

.

32,982.32 -197.82 (0.60%)

33.97 USD -0.22 (0.64%)

12,158.36 -16.87 (0.14%)

124.3$

https://www.morningstar.co.uk/uk/news/222972/the-most-shorted-stocks-on-the-ftse.aspx

https://finance.yahoo.com/news/kind-shareholders-hold-majority-bp-070745059.html

https://www.livecharts.co.uk/MarketCharts/brent.php

Merely a couple of days after OPEC+ sped up the pace of production increases, Saudi Aramco hiked its July formula prices for Asian buyers to higher-than-expected levels, stoking concerns that supply might be lower than expected.

- The July ’22 OSP for Saudi Arabia’s largest crude stream Arab Light was hiked by $2.1 per barrel from June, almost a dollar above the month-on-month changes in the Dubai cash-to-futures spread.

- With Chinese buying widely expected to come back after recording some of the country’s worst post-pandemic figures in April-May, Aramco can afford to hike its prices, especially with Russia expected to drop production.

- Also increasing prices into Europe, keeping only US pricing unchanged, Saudi Arabia might be indicating that it will not be able to produce as much crude as the OPEC+ deal stipulates, sending Brent prices above $120 per barrel again.

34.19 USD +1.08 (3.26%)
Another good day tomorrow

https://www.livecharts.co.uk/MarketCharts/brent.php

33.95 USD +0.84 (2.54%)

I am happy
Hope you are

£4.50

The reverse would happen

Hi Enso
Understand fixed debt at low rate
But I have always preferred to be debt free
Especially the way the world is now
Either way we have winner