Bp Share Discussion Threads

[ny boy] 13/11/2018 15:49

Surely I am not the only investor that views BP as a fantastic buy anything down to 490p support?

[ny boy] 13/11/2018 15:37

Just added a few more to the long term blue chip portfolio with a reasonable annual yield, better than down at el banco deposito

[penycae] 13/11/2018 15:12

bracke - I used to wonder if that nice Mr. Mervyn King ever traded cable. I always gave him the benefit of the doubt. With Mr. Trump,however, I am completely certain. He just can't help himself.
Big fall here today, but we've been here before.

[bracke] 13/11/2018 14:57

Good day Penycae

The special lens Ray Bans are the least you should do for him. He's worth his weight in bananas.

It seems Mr Trump put the boot into oil and sent it down following one of his 'glorious' tweets ( Thinks....is Mr Trump trading? It would not surprised me if he was)

[penycae] 13/11/2018 14:47

Afternoon all!

bracke - it's all down to the monkey.
His eyesight is not what it was, but I've had some Ray Bans fitted with special lenses so he can see. Have to say, he's looking pretty cool.

Back in for a few at 513.90 on the third dart.

Trade well and prosper........

[bracke] 13/11/2018 10:37

I note the Welsh Carpetbagger sold just in time. Well done Penycae or should I post well done monkey.

[skinny] 13/11/2018 10:11

Brent back to April levels $68.

[optomistic] 13/11/2018 10:10

All downside gaps filled for the last month.

[ps0u3165] 13/11/2018 07:26

BP will spend US$2.8 billion next year on expanding its operations in the Middle East, a company’s chief executive told The National in an exclusive interview. The supermajor will spend US$1 billion annually in Abu Dhabi, Bob Dudley told the Emirati daily, and another US$1.8 billion will be spent in Egypt in 2019.

[waldron] 12/11/2018 17:53

Total
50.22 -0.53%


Engie
12.545 -0.24%

Orange
14.51 -0.82%


FTSE 100
7,053.08 -0.74%
Dow Jones
25,588.59 -1.54%
CAC 40
5,059.09 -0.93%


Brent Crude Oil NYMEX 71.07 +1.27%
Gasoline NYMEX 1.64 +1.51%
Natural Gas NYMEX 3.76 +0.99%



BP
528.1 +0.80%


Shell A
2,431.5 +0.56%


Shell B
2,480 +0.71%

[trulyscrumptious] 12/11/2018 13:54

I see Costax is spamming quite a few boards with his post 90132.

[ariane] 12/11/2018 10:29

Holly Ellyatt
@HollyEllyatt






Key Points

President Donald Trump is one factor among many impacting oil markets right now, according to Bob Dudley, the chief executive of oil giant BP.
“He’s (Trump is) keeping people guessing on many, many fronts and it also impacts the oil markets,” Dudley told CNBC on Monday.
“It’s more than that (the Trump administration). There’s uncertainty in the supply from Venezuela, there’s still disruptions in Libya, for example, there’s a lot of uncertainty out there,” Dudley added.

Premium: Bob Dudley, CEO, BP 150602
Robert ‘Bob’ Dudley, chief executive officer of BP Plc.
Christophe Morin | Bloomberg | Getty Images

President Donald Trump is one factor among many impacting oil markets right now, according to Bob Dudley, the chief executive of oil giant BP.

“He’s (Trump is) keeping people guessing on many, many fronts and it also impacts the oil markets,” Dudley told CNBC’s “Squawk Box Europe,” but he added that the U.S. president was not the only factor affecting prices.

“It’s more than that (the Trump administration). There’s uncertainty in the supply from Venezuela, there’s still disruptions in Libya, for example, there’s a lot of uncertainty out there,” Dudley said.

Dudley’s comments at the ADIPEC energy conference in Abu Dhabi come at a pivotal moment for oil markets with Saudi Arabia performing an about-turn this weekend by announcing a 500,000 barrel per day production cut in December. The surprise move comes after it had ramped up production this summer along with other major producers Russia and the U.S. due to concerns over a decline in supply once sanctions on Iran came into effect in November.

The measure, taken by the defacto leader of OPEC, is seen as a way to halt a 20 percent slump in prices seen since early October on the back of the surge in production.

Saudi Arabia’s oil minister said Sunday that markets were well supplied and that price rises over the summer due to a feared Iranian shortfall had been an overreaction.

Meanwhile, Dudley said OPEC’s ministerial committee was not getting anything “wrong” in changing course, it was just recognizing that circumstances surrounding Iranian sanctions had changed, with the U.S. granting exemptions to eight countries that purchase Iranian oil. This had meant the impact of sanctions was not as bad as it could have been and so upping production was not as necessary.

“They (Saudi Arabia) were worried about (the) under supplying of the market and triple-digit oil prices. Now they’re saying, actually, it (upping production) might be a little bit too much right now because of the exemptions,” Dudley added.

Dudley said Trump’s decision to grant waivers to the sanctions was not unsurprising, saying “I don’t think he wanted to see $100 (a barrel) oil.”

[penycae] 12/11/2018 09:21

Morning all.

Just sold into the rise. Flat here. Off to walk the dog.

Trade well and prosper........

[waldron] 12/11/2018 07:31

4INTEREST PERHAPS

[karateboy] 11/11/2018 20:13

ADFN Share price showing 554p . Is that right ?

[ianood] 11/11/2018 19:48

PUGUGLY, ah I see, apologies due to LeopoldAlcox. In my defence I have Costax1654x filtered as a rampof juniors some time back.

[pugugly] 11/11/2018 10:34

ianood. I think he was refering to the RRE directors - Having looked at it the RRE website is (imo) not inspiring graphically.

[ianood] 11/11/2018 07:51

LeopoldAlcox new member 7/11/18 - exactly what are you trying to say? To me the board is of high quality, most are long term BP with strong specialist careers. Maybe you have an ulterior motive?

[sarkasm] 11/11/2018 07:49

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