Member Info for TessKlee

How about china soaking up all floating crude success from Russia to fill it's new storage being built.

Results in tight oil supply, demand.

Price escalate to £85.

Sound good to me, all in a dream.

Https://www.fxempire.com/forecasts/article/missed-gold-missed-copper-oils-breakout-could-be-even-bigger-1561740

I can hope

Reported that oil demand will increase up until 2050 based on more energy being required.

March 2029, had my hopes up it would be sooner.

Crude oil inventories in the US fell by 6.858 million barrels in the week ending October 24, more than market expectations of a 0.4-million decrease. At the Cushing, Oklahoma delivery hub, crude stocks rose by 1.334 million barrels, the most since the end of August. Among refined fuels, gasoline stocks dropped by 5.941 million barrels and stocks of distillate fuels dropped by 3.362 million barrels

Crude draw

Petry draw

Diesel draw

Link on winfall ta

https://www.politico.eu/article/uk-treasury-oil-gas-windfall-tax-growth-november-budget/

Vaca Muerta now mirrors both the promise and fragility of Milei's economic experiment. Beneath it lies one of the world's largest untapped oil reserves; above it, a government betting its credibility on free markets and fiscal discipline. Milei's deregulation drive has given Argentina's energy sector a second wind, but its success depends on whether he can anchor stability and restore investor trust. However, by tying Argentina's financial stability to President Trump's conditional credit lines, Milei has placed the country under a double threat: if he loses the upcoming elections, Argentina could lose its main source of external support - hardly a promise of stability for the investors. If Milei's plan to navigate through these restless waters delivers, Vaca Muerta could turn Argentina into a major global exporter. If he fails, it will remain what it has long been - a symbol of untapped wealth trapped by political and economic instability.

Will we top 400k share buyback today.

What the north sea worth with a different government, example Reform.

What would HBR be worth at a flat 40% tax on profit ?

Pay debt.

400m buyback , in no time.

When we live in a country that it is illegal to steal 78% of someone's profit, may be.

Progress in Argentina

Link

https://www.reuters.com/business/energy/eni-argentinas-ypf-progressing-vaca-muerta-gas-project-italys-minister-says-2025-10-07/

Forecast of Cold Snap Sends Europe’s Power Prices Soaring

Link for Mexico report.

https://www.upstreamonline.com/field-development/harbour-and-totalenergies-eye-new-fpso-project-in-mexico/2-1-1880269

Worth a note the 2 board members are from Basf that voted for the buy backs

Also going forward if HBR has a 200m, next quarter, half year and so on .

46.5 % maintain by Basf we will also be purchasing the Basf shares at market prices.

Billionaires Are Taking Over Mexico's Upstream. Mexico's richest man, Carlos Slim, signed a deal with the country's state oil company Pemex to finance the drilling of up to 32 onshore wells in Eastern Mexico at an estimated cost of $1.99 billion, boosting output at the Ixachi field.

Costs per barrel likely to increase.

See link

https://oilprice.com/Energy/Crude-Oil/US-Shale-Costs-to-Soar-to-95-per-Barrel-Within-a-Decade.html

Good information.

Listening to LC on podcast yesterday from 2nd September.Harbour was mentioned as having a 24% interest in parts of the future investment .

Not contradicting I also remember 15% being mentioned on investment share .