Tullow Oil Share Discussion Threads

[wageslave] 17/4/2016 16:07

Last updated: April 17, 2016 3:45 pm

FT puts distinctively negative spin on Doah outcome:

Saudi Arabia has thrown into doubt an agreement to freeze output between some of the world’s biggest crude producers, demanding Iran’s participation in what would be the first global oil deal in 15 years.


www.ft.com/cms/s/0/7584b5e4-045c-11e6-a70d-4e39ac32c284.html#axzz465zslcHF

[amaretto1] 17/4/2016 15:45

puzzler, exactly !!

what the f..ck is going on in this world at present ??

[nicebut] 17/4/2016 14:52

For a bit of a short term gain in PoO this might have a little affect!- Dropping 2m!!

[amaretto1] 17/4/2016 13:22

What ever dave u muppet !!

Its in the oil price this news, so next week down !!
Hope not 2 severe.

[dave19w] 17/4/2016 13:19

Did you mean damp Squib?.. Most squid are damp as they live in the sea..

[dlku] 17/4/2016 13:07

up or down monday

[amaretto1] 17/4/2016 12:17

damp squid !!

risk holding over weekend ? NO

[kevjones2] 17/4/2016 11:52

"Despite the public stance from Riyadh, people familiar with the Saudi delegation’s thinking said it was willing to go ahead with a deal after all. The working draft leaves the door open to the addition of other participants at a later date.

Ecuador’s oil minister, Carlos Pareja, said a deal would be effective without Iran. Delegates said a regularly scheduled OPEC meeting in June would serve as a backstop to reassess the impact of any deal."

Above excerpt taken from the Wall St. Journal around 11:30am GMT:

[khanittag] 17/4/2016 09:17

A further twist in the DOHA meeting, looking more like any output from meeting will be a sticking plaster until the June meeting. Asia market reaction tonight will be interesting.https://www.yahoo.com/news/dont-expect-oil-price-change-051700099.html

[frontdoor bull] 17/4/2016 07:37

pec oil deal set to drive petrol price up to 115p a litre - and Brexit may have further impact at the forecourt

By Jon Rees For The Mail On Sunday

Published: 22:01, 16 April 2016 | Updated: 22:01, 16 April 2016


Read more:

[frontdoor bull] 16/4/2016 21:16

The world's leading oil exporters could be finally about to take action following the fall in prices.

Members of the exporters' group Opec, together with some other oil producers, are meeting in Qatar on Sunday to discuss freezing output.

They want to push up the price of crude oil, which is less than half what it was in June 2014

In previous episodes of falling prices, Opec has been much quicker to respond, often cutting output.

The agenda for the meeting in Doha, the capital of Qatar, is a freeze in production. No cuts in other words, just a commitment to no more increases.




But even that possibility has given some support in recent weeks to the price of oil. The low it reached earlier this year was about $27 a barrel for Brent crude oil, one of the leading international market prices.

This week it has been very close to $45. That is to a large extent due to traders considering the possibility that some oil producers are close to taking some sort of action to push prices higher.

It's worth emphasising that even at current levels the price of oil is far below where it was as recently as June 2014 - when it reached $115.

The fall has hurt many oil producing countries. Earlier this week, the International Monetary Fund said it had damaged financial stability and the government finances in many of them.

[leoneobull] 16/4/2016 10:13

Great article by ambrose in daily telegraph today. China demand soaring!!

[onjohn] 16/4/2016 08:49

paulbythebayou, thats a few days old news

[dlku] 15/4/2016 15:59

he who stagnates loses. This is a fast market kev jones

[kevjones2] 15/4/2016 15:44

dlku, you are some tulip. Here's some of your posts from this week:

Sunday 10th April:“240 this wk”
Monday 11th April:“should jump tomorrow”
Wednesday 13th April: “just took £2000 on this ams trade. Cool. Holding original pos”


Today, Friday 15th April: "My target 183p on monday after nothing goes on on sunday" and

"Risk it could open sharply down on Monday if no resolution. I wouldn't want to hold this over the weekend"

Ramping and de-ramping when it suits you. NY Boy, you're nothing on this beaut. Hang your head in shame. LOL.

[swerves1] 15/4/2016 15:42

Sawadee, not so easy like you seem to think!

[dlku] 15/4/2016 15:26

Risk it could open sharply down on Monday if no resolution. I wouldn't want to hold this over the weekend

[albanyvillas] 15/4/2016 13:32

Jubilee problems ?