Tullow Oil Share Discussion Threads

[hearts1] 29/1/2016 19:41

Decent drop in the US rig count -12, with the main drop off being the Permian basin - 17. May see a decent drop in US production next week.Apparently NY boy has received several e mails today with the heading ' margin call ' .....

[hearts1] 29/1/2016 18:47

Brent $36.

[leoneobull] 29/1/2016 18:40

30p Monday ny boy

[jovi1] 29/1/2016 18:03

cat

you speak a lot about fundamental and many thing you say are right, but what ultimately make your prediction wrong on the long run is:
there is nothing more fundamental that production cost and selling price under 30$ does not cover at least 20% of the required production.
the only time we had prices so low was at time of global recession and we not there at all.
tlw specifically are better positioned that many to ride this storm because the edge run for longer that may competitor, they have major reserve (oil) and relatively low production cost.
the debit are big yes but to service the need 300mill max a year less that half of the edge.
would take this price until 2018 and maybe longer to see TLW burst at today price.
more that half of all producer will go down much before that, reducing the amount of oil on the market.
if Saudi and co cut we will see a sharp rise to the 50ish$ if they don't we will see a longer term rise that will peak around 2021 on much higher that any previous oil pick.

[rubberbullets] 29/1/2016 17:47

going to open sharply up on monday

[hearts1] 29/1/2016 17:45

Brent rising again I'm afraid for the $20 brigade.

[tas11osc] 29/1/2016 17:00

I thought this warranted an RNS from Tullow.

[cat100] 29/1/2016 16:43

I would like to see a re-test of the low in oil to get some sort of comfort we have seen a low put in

[volsung] 29/1/2016 16:40

Crude taking a dump

[cat100] 29/1/2016 16:31

The price of poo is down here because of speculators....... They are moving on over supply , easy money for them

[cat100] 29/1/2016 16:30

holmess That is highly debatable at the moment with a deep recession looking to be on the cards. Look at the Japs and their move

[cat100] 29/1/2016 16:28

adh0 You don't need Trump. The US could impose a tax on imported oil to keep a level suitable to economic growth

[holmess] 29/1/2016 16:26

Rubbish - the 'fundamentals' support a price well above current levels. The price of poo is down here because of speculators.

[cat100] 29/1/2016 16:26

The other story not mentioned much is food prices could drop quite a bit with the savings on fuel . Not good for the economy but I'm not worrying

[adh0] 29/1/2016 16:25

Iran can talk about ramping up production to any level it wants but if D Trump (or any Republican candidate) wins the 2016 US election the embargo will be back in place in no time and exports back to zero.

[cat100] 29/1/2016 16:23

caps sorry

[cat100] 29/1/2016 16:23

InvestorDave IT'S DROPPING ON THE iRAN NEWS

[cat100] 29/1/2016 16:22

Oil rally will not be sustained without real production cuts. Rallies on rumor do not last.Fundamentals do not support long term higher prices in crude.

[investordave] 29/1/2016 16:19

The shorting prats are back I see.

[rubberbullets] 29/1/2016 16:06

Sawadee3 29 Jan'16 - 15:49 - 24838 of 24840 0 0

We're only just starting.

On track for our best ever year chaps :-)







GREAT TO BE IN TULLOW

[cat100] 29/1/2016 16:05

WSJ: Iran will not cut output until exports have increased by 1.5mln bpd, citing an official. Mad headline or what? They want 1.5m so they can cut
Iran to add 500K brl/day within 3 mos/ 1MIL within 6 mos: Finance Minister said

[rubberbullets] 29/1/2016 15:57

sell now buy back at 240p :)))

[sawadee3] 29/1/2016 15:49

We're only just starting.

On track for our best ever year chaps :-)

Well done all value buyers!

[warwick69] 29/1/2016 15:05

The rally will become a stampede as shorts will have to close