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I think madP will be asieep at the moment.
Ow well £80k down the swanny. Not to worry.
Just glad it's Finished.
What a load of Bull**** ZaZa and co came Out with.
Puddy was right after all.
I won't be losing any sleep over it. That's for sure.
Goodnight and Goodbye.
All the best to you all.
Zeps
Bloody hell. Never expected that much
Will be the next ex div Date
The article is from March. But I reckon Bp is still sound buy for the near future. They are also financially sound.
I am not expecting a big rise in the near future. But better than you will get interest on your money in the Bank. Imo.
BP is looking for more opportunities with Gas. Which in my opinion is the future.
In all Honesty it's a Punt for me really. I only hold a small amount 2000 shares. Got in a bit late at £3.31p.
Good Morning all. Happy Easter ??
https://www.fool.co.uk/investing/2020/03/19/the-bp-share-price-has-crashed-50-heres-why-id-buy/
LONDON (Bloomberg) - Major oil producers agreed to slash output as feuding members of the OPEC+ coalition buried differences in an effort to lift the market from a pandemic-driven collapse.
The Organization of Petroleum Exporting Countries and its allies, meeting by video conference on Thursday, now have the outline of a deal to cut production by 10 million barrels a day, delegates said. Importantly, Russia has agreed to make deep cuts, the delegates said.
Oil prices pared gains, trading up 1.6% in London at $33.37 a barrel as of 4:13 p.m. local time. That reflects concern that the volume of cuts being discussed equates to just a fraction of the demand loss, which some traders estimate at as much as 35 million barrels a day.
It’s unclear whether the tentative deal is contingent on the U.S. also committing to curbs at talks on Friday. An agreement from OPEC+ and a broader alliance -- including America -- is crucial to reviving prices that have sunk to an 18-year low. Not only oil companies, but entire oil-dependent economies need the market to rebound if they’re to balance ailing budgets.
Friday’s Group of 20 talks will provide the forum for U.S. President Donald Trump to respond to OPEC+’s agreement. The Kremlin has insisted that America must do more than just let market forces reduce its own record production. Trump, meanwhile, has said his country’s cut will happen “automatically” as low prices put the shale patch in dire straits.
If OPEC+, the U.S. and other producers can cement an agreement at the G-20 meeting, the curbs would dwarf any previous market interventions. That’s something that the physical market for crude -- trade in actual cargoes rather than futures contracts -- needs immediately, but it won’t match losses from the unprecedented slump in demand.
https://www.middleeasteye.net/news/russia-and-saudi-arabia-agree-deal-oil-output-cuts
Saudi and Russian Federation agree on oil output cuts, Journal says
https://www.middleeasteye.net/news/russia-and-saudi-arabia-agree-deal-oil-output-cuts
Just something to read. While we are all locked in.
Oil Price History—Highs and Lows Since 1974
https://www.cnbc.com/2020/04/08/oil-markets-crude-output-opec-and-allies-meeting-in-focus.html