Member Info for y11-shx

The cap is higher than where Russia already sells most of its crude. That's because one of the main aims of the measure is to keep Russian oil flowing to global markets.

I see.

https://www.arkansasonline.com/news/2022/dec/03/opec-russia-to-talk-oil-output-at-meeting/

https://www.bbc.co.uk/news/world-europe-63843893
Am I missing something Russia is already selling at a lower rate then the cap.

Can anyone help me understand. I bought some oil a couple of years ago for $15, I have just called my broker and asked when it would be delivered and they have told me to stop messing around?

U.K. always saying we need to do more trade with India

India have sent vessels to pick up crude oil and drop it off to the U.K. for 100 percent profit.

Me or you I don’t think you know what you’re talking about India have already sent vessels to Russia to pick up crude oil and they’re not going back to Indians are coming to the UK are handsome profit

Where are you getting your research from? Every analyst have lowered there forecast for next year. Russia might even increase oil production in retaliation to the price cap. How can the uk and eu be paying $120 and the rest of the world pay $60 and then most of the profits be taken in tax. Please explain? Thats why it is indeed very important to DYOR

A price cap now it does matter how many barrels you take off the street the price is capped. Oil will slowly settle down to $60. Harbour now worth 250p or will Russia stop selling no wait a minute they already sell cheaper then this so it doesn't matter.

one simply answer and its the same reason people get out of bed all over the world. Money.

how am i loser? i have made 15x what you have lost from 95p im done here for now but still have my buy open at 60p lets hope theres not a rns after market today because that will only spell bad news.

To be fare bp was a easy short with the help from the media and some old news. I’m looking to re enter at 430

i can just imagine all the funds walking in this morning and saying do we own any bp stock? are we up? sell them get out while we can!

im only looking for 12.5p old money to re enter.

if theres a bad RNS its normally released friday after market closed to let the weekend absorb the pain.

Jakers can you just get a room.

yeah only take a few funds to pull back on there holding in bp to look more neutral and ethical until this blow over we could see a brilliant entry price.

Lets hope for a RNS this morning to actually see what is going on so we can work out if risk/reward is worth it. Without this been a friday this could drift lower as no mental barrier at 70p been such a odd number so we could see 60p or a RNS assuring no skeletons in the closet could see a big up day to around 94p.

makes you wonder who got got a big white envelope that day.

could you imagine if the uk government sanctioned bp like it did Evraz there would be the quickest fire sale on since black friday.