Member Info for spights

Https://oilprice.com/Latest-Energy-News/World-News/IEA-Raises-Forecast-of-Global-Oil-Demand-Growth-in-2026.html

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

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Market Movers

- This Monday witnessed the busiest-ever single day of Brent crude call option trading (556,000 contracts) as market participants rushed to the market to protect themselves against sudden price spikes.

- According to Bloomberg, ICE Brent’s second-month options ‘skew’ now favours calls instead of puts, signalling the arrival of high-impact geopolitical stress ahead.

- In late December, it seemed that market sentiment on crude would make hedge funds’ net positioning negative for the first time in 16 months (and only the second time in post-COVID years), with ICE Brent balancing on the brink of net length.

- By now however, money managers are eagerly taking up long positions on crude, with the net length in ICE Brent quadrupling to 122,965 lots (as of January 06) in just three weeks.

Meoryou waiting for it to turn upwards

Plenty of patience needed

Look at Lloyd’s that took time

Plus Saga

We will have our day 😃

Https://oilprice.com/Energy/Energy-General/Tengiz-Disruption-Lifts-Brent-Back-to-65.html

BP’s use of Chinese steel is a betrayal of British manufacturing

Not good news

Webcast details

Interim chief executive officer, Carol Howle; chief financial officer, Kate Thomson; and EVP production & operations, Gordon Birrell, will host a live presentation and question-and-answer session from 1pm GMT/8am EST which is expected to finish around 2.30pm GMT/9.30am EST.

Date

10 February 2026

Time

1pm GMT/8am EST - 2.30pm GMT/9.30am EST (

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

Https://www.tradingview.com/news/tradingview:f6088ed4255b1:0-key-facts-bp-trades-50-000-tons-of-gasoline-stock-falls-1-amid-tariffs/

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

LONDON, Jan 19 (Reuters) - ⁠The ‌board of ⁠Swiss speciality chemicals maker Clariant has proposed ‍adding BP Chair Albert Manifold to ‍its ranks at its annual ⁠general meeting on April 1, Clariant said on Monday.

The board also ​proposed the re-election of Chair Ben van Beurden, former CEO of Shell.

Clariant, ‍whose chemicals are used in ‌smartphone and electric vehicle production, is reducing spending ‌through job cuts, production facility closures and procurement reductions to bolster ‌its margins as it waits for ​a meaningful rebound in demand. The Swiss firm has rejected allegations by ⁠BP Europe and ‍an ExxonMobil subsidiary, which are seeking ​damages for breaching competition law ⁠in the ethylene purchasing market.

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

Https://news.sky.com/story/rolls-royce-hands-turbo-tufan-multimillion-pound-annual-pay-boost-13495253

Https://www.independent.co.uk/news/world/middle-east/iran-supreme-leader-protesters-killed-savage-manner-b2902471.html#

Https://ts2.tech/en/bp-share-price-ends-higher-buyback-and-offshore-wind-shift-set-up-next-week-for-bp-stock/

Meoryou have a great weekend

Onwards and Upwards

£6.40😉

Berenberg cuts BP price target to 520 (525) pence - 'buy'

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

Good morning all

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