Member Info for spights

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

Https://www.marketbeat.com/instant-alerts/bp-lonbp-share-price-passes-below-two-hundred-day-moving-average-whats-next-2025-05-29/

Https://uk.investing.com/news/company-news/bp-expands-board-with-oil-veteran-david-hager-93CH-4111130

Very positive nees

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

Https://www.lse.co.uk/rns/BP./directorpdmr-shareholding-x7foluqze7j0lih.html

The top figure near my target 🌞

Onwards and upwards £6.50

Share price forecast

The 21 analysts offering 12 month price targets for BP plc have a median target of 395.91, with a high estimate of 642.90 and a low estimate of 336.20. The median estimate represents a 11.15% increase from the last price of 356.20.

Hope they pay the 10 billion plus off the debt

Then the share price will jump

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

Excellent meoryou

And a very good morning meoryou and Jakers

We certainly need a lot of patience with Bp onwards and upwards £6.50🌞

Any more positive news out there

Come on Bp

😀

Stock Market News, May 27, 2025: Dow Gains 700 Points After EU Agrees to Fast-Track Trade Talks

President Trump agreed over the weekend to delay 50% tariffs on the EU until July 9

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

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

Good morning all

I am still away in Cheltenham

Beautiful sunny day 🌞🌞

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

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

Https://uk.finance.yahoo.com/news/6-6-yield-dividend-forecast-065000514.html

Rome will host the fifth round of US-Iran talks this upcoming weekend, whilst the Trump administration is ratcheting up sanctions pressure on Iranian shipping companies and Chinese buyers of Iranian oil, having OFAC-listed two Chinese refiners last month.

- Iran’s leader, Ayatollah Ali Khamenei, questioned the viability of a deal with the United States, saying that Trump’s demand to halt nuclear enrichment is ‘excessive and outrageous’, lowering the likelihood of a diplomatic breakthrough.

- Chinese refiners are hoping for the negotiations to fail - accounting for 77% of all Iranian exports last year, the so-called teapots in Shandong province would no longer enjoy discounts on Iranian oil.

- According to OPEC secondary sources, Iran’s oil production remained steady at 3.3 million b/d in April, higher than the 2024 average of 3.25 million b/d, even if floating storage of Iranian storage anchored off Singapore and Malaysia has been on the rise, potentially signalling difficulties in delivering the oil to China.

Meanwhile, there appears to be disagreement in U.S. government about ow likely it was for Israel to follow through with its plans for a direct strike on Iran. Per the CNN report, officials believe the final decision would depend on the deal that Trump strikes with the Iranians, if he does succeed in striking that deal.

Even so, “the chance of an Israeli strike on an Iranian nuclear facility has gone up significantly in recent months,” CNN reported, quoting an unnamed official, who also added that “And the prospect of a Trump-negotiated US-Iran deal that doesn’t remove all of Iran’s uranium makes the chance of a strike more likely.”

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Oil Jumps on Possibility of Israeli Attack on Iran

By Irina Slav - May 21, 2025, 12:47 AM CDT

Crude oil prices have significantly risen due to reports of a potential Israeli attack on Iranian nuclear facilities, as indicated by US intelligence.

The possibility of an Israeli strike threatens to disrupt current US-Iran negotiations aimed at a new nuclear deal, potentially leading to a broader Middle Eastern conflict.

There are varying perspectives within the US government regarding the likelihood of Israel following through with an attack, with the final decision potentially dependent on the outcome of Trump's negotiations with Iran.

Tehran

Crude oil prices rose sharply earlier today following reports on Tuesday that Israel had plans to attack Iranian nuclear facilities.

At the time of writing, Brent crude was trading at $66.37 per barrel, with West Texas Intermediate at $62.56 per barrel, after CNN reported late on Tuesday that new intelligence obtained by the U.S. suggested the Israeli government was considering strikes on Iranian nuclear sites.

“Such a strike would be a brazen break with President Donald Trump,” CNN reported, citing U.S. officials. The news comes amid negotiations on a new nuclear deal between Washington and Tehran that President Trump appears eager to seal and Iran is not opposed to the idea, either.

Yet a direct strike on Iran from Israel will wreak havoc on these negotiations and increase the risk of a broader Middle Eastern conflict yet again. This would in turn threaten to affect oil supply, triggering higher benchmark prices.

The threat of an escalation between Israel and Iran offset bearish news for oil such as the weekly inventory report of the American Petroleum Institute, which showed a build of 2.5 million barrels, and the news that Kazakhstan once again overproduced despite its OPEC+ quota. In May, the Central Asian country booked a 2% increase in oil output despite pressure from Saudi Arabia to fall in line.