Renova Energy Share Discussion Threads

[jimarilo] 01/8/2007 16:41

Oil price rises to all-time high

Demand from US refineries has increased for six successive weeks
Oil prices have climbed to a record high of $78.71 a barrel amid worries about whether oil supplies can meet global demand.

[jimarilo] 31/7/2007 23:47

N.Y. Oil Rises to a Record Close on Signs Supply Is Inadequate

By Mark Shenk

July 31 (Bloomberg) -- Crude oil rose to a record close of $78.21 a barrel in New York on speculation demand will outpace supply as refiners increase fuel production.

Bets on rising prices by hedge funds and other speculators rose to a record earlier this month, according to U.S. Commodity Futures Trading Commission data. Global demand will climb 1.7 percent in 2008, showing no sign of slowing because of high prices, a Deutsche Bank AG report showed. A government report tomorrow may show U.S. oil supplies fell for a fourth week.

``There's significant growth in global energy demand and production isn't keeping up,'' said Peter Schiff, an investment adviser and president of Euro Pacific Capital Inc., in Darien, Connecticut. ``Prices have to rise because of this imbalance. I'm sure we are going to pull above $100 a barrel in 2008.''

[jimarilo] 25/7/2007 20:33

Oil Rises After Report Shows Third Straight Weekly Supply Drop

By Robert Tuttle

July 25 (Bloomberg) -- Crude oil rose the most in more than nine weeks in New York after the U.S. government reported a third straight weekly decline in oil inventories and increased refinery operations.

A gain in oil processing by refineries helped reduce U.S. supplies by 1.1 million barrels to 351 million barrels last week, the Energy Department report showed. Inventories in Cushing, Oklahoma, the main supply hub in the U.S., fell 1.38 million barrels to 212.4 million barrels, the lowest since February 2006.

[jimarilo] 23/7/2007 00:46

The Analyst: Put a little black gold in your pocket
By Mark Dampler
Published: 21 July 2007
The amount of oil the world consumes is simply staggering. In fact, three billion gallons of the stuff must be produced each day just to meet demand – which is enough to fill the new Wembley Stadium 12 times over.

[nickcduk] 20/7/2007 13:43

Market seems to be a little slow in digesting the good news for RVA this week. Corn prices have fallen very sharply this week as weather conditions improve. Gasoline and crude oil are staying very firm. If corn retraces below $3 I would expect a sharp re-rating to begin in ethanol stocks.

[jimarilo] 20/7/2007 00:20

Petrol hits £1 a litre with no end in sight to turmoil in the world's oil market

More pain to come as supplies are disrupted by strife and Opec turns screw

Terry Macalister
Wednesday July 18, 2007

[jimarilo] 19/7/2007 16:24

Corn, Soybeans May Fall on Wet-Weather Forecast; Wheat May Drop

By Jeff Wilson and Tony C. Dreibus

July 16 (Bloomberg) -- Corn may decline and soybeans may fall from a three-year high on speculation rains will revive U.S. crops harmed by a prolonged dry spell. Wheat in Chicago also may decline.

[cardiffian] 19/7/2007 12:16

If the director bought 30000 @ 80p on the 18/07/07, where's the trade ?

I don't hold any RVA.

[olivepeel] 09/7/2007 18:40

should go to 115 quite quickly

[roverisback] 09/7/2007 17:27

nice 75k t-trade at the end

[jimarilo] 08/7/2007 23:11

Oil Rises to a 10-Month High on Nigeria, North Sea Supply Risks

July 6 (Bloomberg) -- Crude oil rose to a 10-month high on concern unrest in Nigeria and maintenance of a North Sea oil field will curb supply as unexpected refinery closures cut fuel output

Refiners are getting around bottlenecks by making more gasoline away from the crude processing units that are usually key to their output. By blending in ethanol and processing cheaper refined products such as vacuum gasoil, refiners have been able to keep gasoline output high, amid the almost two- decade low in the refining utilization rate.

[roverisback] 07/7/2007 16:15

i tried to find out how much profit easyart made last year but hit a brick wall...love to know..i mean if sameday books with traffic of only 9,000 is valued at £4m then what price easyart with traffic of 280,000?

[brando69] 07/7/2007 16:08

i think you are probably right. i hope so. i am counting on my £500 to become £5000 before I turn 40 in two years time.

[roverisback] 07/7/2007 15:52

brando...treeshake ahead of next big news...notice down on low volume

[brando69] 06/7/2007 21:58

rover - wtf is happening to bsp?

[roverisback] 06/7/2007 21:47

I C tipped it today

[olivepeel] 06/7/2007 18:46

there is no green, only blue and yellow

[asparks] 06/7/2007 17:55

shame its not green though!

[dasv] 06/7/2007 17:53

yes, looks more promising - held on to rise. Volume is usually low on this share.

[masurenguy] 06/7/2007 16:51

Nice 10% rise today on relatively light volume.