Bp Share Discussion Threads

[waldron] 17/1/2019 17:06

Total
46.915 -0.29%


Engie
13.6 +0.74%

Orange
13.445 +0.34%


FTSE 100
6,834.92 -0.40%
Dow Jones
24,205.09 -0.01%
CAC 40
4,794.37 -0.34%


Brent Crude Oil NYMEX 60.82 +0.30%
Gasoline NYMEX 1.41 -0.41%
Natural Gas NYMEX 3.45 -1.40%


WTI - 17/01 17:45:55
51.58 USD -1.24%




BP
511 -0.97%


Shell A
2,305 -1.09%


Shell B
2,322 -1.23%

[optomistic] 17/1/2019 14:18

Possibly bracke, certainly not I...funds are depleted :-(

[bracke] 17/1/2019 14:08

Good day optomistic

Probably Penycae buying a shed load.

[optomistic] 17/1/2019 13:50

This mornings drop has allowed some well priced buys.

[philanderer] 17/1/2019 12:15

WASHINGTON (Alliance News) - Oil prices dipped on Thursday as a surge in US production stoked fears of a global supply glut.


Global benchmark Brent crude dropped 0.9% to USD60.78 per barrel while US West Texas Intermediate (WTI) crude futures were down 1.2% at USD51.70 per barrel.

The Energy Information Administration (EIA) reported on Wednesday that American crude oil production reached a record 11.9 million bpd in the week ending Jan. 11, just as worries about weakening demand emerge. That was up from 11.7 million bpd last week

[prambigear] 17/1/2019 09:59

Aye and 50 years ago $4

[hellscream] 17/1/2019 05:15

stronger pound? lol, 10 years ago the pound bought 2$

[philanderer] 16/1/2019 17:41

Market report

"For the FTSE 100, stubborn losses in its commodity sector - with the likes of BP, Shell and Rio Tinto all feeling edgy about the state of the Chinese economy - meant that the UK index was stuck in the red," said Spreadex analyst Connor Campbell.

Heavyweight oil stocks Royal Dutch Shell 'A', Shell 'B' and BP closed down 1.5%, 1.9% and 1.3% respectively, while miners Rio Tinto and BHP Group ended down 0.6% and 1.0% respectively.

Alliance News


...plus the stronger £ I would have thought

[waldron] 16/1/2019 17:26

Total
47.05 +0.14%


Engie
13.5 -0.77%

Orange
13.4 -0.45%


FTSE 100
6,858.16 -0.53%
Dow Jones
24,215.24 +0.62%
CAC 40
4,810.74 +0.51%

Brent Crude Oil NYMEX 60.91 +0.45%
Gasoline NYMEX 1.40 -0.47%
Natural Gas NYMEX 3.58 +2.26%


WTI - 16/01 17:44:46
52.06 USD +0.35%



BP
516 -1.28%


Shell A
2,330.5 -1.54%


Shell B
2,351 -1.92%

[ohojim] 16/1/2019 13:02

Wahey! First depth charge away. In at 512, let the gamblin commence.

[ohojim] 16/1/2019 12:08

Just to remind anyone who hasn't noticed, there is a very good live chart link in red, in amongst the blue links in the header for WTI Crude. The algos seem to be tracking BP price with it, and as penycae says, it's on the up, since 11.40.

[ohojim] 16/1/2019 11:25

Morning everyone!

We all seem to be on the same page here. Quite extraordinary for an advfn thread. Agree with all the above Penycae and Bracke. Can hardly wait to start losing some money before it turns;-)

[bracke] 16/1/2019 11:09

Good day Penycae

I presume your intended trade is a long when the gap fills at 511. Be very careful how you answer if your trade is not a long!

On the Daily chart since November 2018 the share price has been oscillating between the Lower Parallel and the Median, it's currently on the way down. If it continues the cycle to the LP it takes it to 480.

My hope would be support at 500.

[penycae] 16/1/2019 10:35

Morning all!

Still in an uptrend from December, and will remain so until 505 breaks. Before that, there's a gap at 511, which would be my entry point for a large cfd trade. Having said that, I've bought some on a spread bet as a short term/day trade at 516.01.
Crude about to turn from a short term oversold position, and like as not it'll take this up with it.

Trade well and prosper.......

[p0pper] 16/1/2019 09:59

ohojim, know what you mean, just bought in again at 516 and change, too tempting after selling out at 531

[fhmktg] 16/1/2019 09:58

Ohojim,If you want a guide to the outcome of everything Brexit, follow the money!The markets think either a softer deal is coming or a second vote with a Remain outcome.

[ohojim] 16/1/2019 09:56

Yes please, but 516 is raaather supportive. Got limit buys placed from 512 and down but may have to jump the gun. It's all very upsetting not gamblin, just waiting. Too much green on my watchlist and the banks are holding up for some obscure reason.

edit 514.80 now :-)

[optomistic] 16/1/2019 09:43

511p coming?

[ohojim] 16/1/2019 08:18

Have to let the market decide, but BP should be more immune than most, being $ earning, despite being dragged down with the ftse.

516 now, getting very tempted.

Edit: It appears that fiasco is already priced in. Not nearly as volatile as I was hoping.

[philanderer] 15/1/2019 20:46

'Surging oil output will push US towards energy independence in 2020, Dept of Energy says'

[waldron] 15/1/2019 17:40

Total
46.985 -0.14%

Engie
13.605 +1.83%

Orange
13.46 -0.70%

FTSE 100
6,895.02 +0.58%
Dow Jones
24,084.79 +0.73%
CAC 40
4,786.17 +0.49%



Brent Crude Oil NYMEX 60.17 +2.00%
Gasoline NYMEX 1.40 +2.81%
Natural Gas NYMEX 3.53 -1.62%


WTI
- 15/01 18:20:28
51.76 USD +2.17%




BP
522.7 +0.36%


Shell A
2,367 +0.94%


Shell B
2,397 +0.76%

[philanderer] 15/1/2019 15:02

Oil prices fall 2% as China stokes demand worries