Bp Share Discussion Threads

[portside1] 02/4/2021 08:34

Bp. Finished up 0.94% on dow

[optomistic] 02/4/2021 08:22

Roads the same here Porto, quite crowded at times.
I have always ( until this last drop)done well with BP, been very good divi which is what I am in here for, of course they have reduced that a bit.
Look forward to 550 again :-)

[kasamavic] 02/4/2021 08:18

The UK markets are shut Good Friday.

[portside1] 02/4/2021 08:08

Op I have traded these for years done wellThe reason I bought more .This last week have seen roads back to near normal very busy And it looks like they are not waiting for 5e 12th The public are going to spend billions over the next 4 months travel will be big time I have now booked 5 hols but only for a week at a timeBut will book for 28 days in sept Oct all being well BP will be back above 350 soon enough

[optomistic] 02/4/2021 07:18

Morning Porto, into the heavies now I see :-)
I have few of these so I hope your judgement is a wise one...could do with a rise in these to balance the book.

[portside1] 02/4/2021 07:10

Added 6088 yesterday at 290

[plastow] 01/4/2021 23:44

Let's see the reaction tomorrow in the share price ftse up oil up BP up or down...,??

[simmsc] 01/4/2021 23:12

I didn't receive my dividend in iiSent a complaint

[crazi] 01/4/2021 20:32

Good News


Oil Rises After OPEC+ Agrees to Boost Output Gradually


More content below

CL=F
+3.60%
(Bloomberg) -- Oil rose after the OPEC+ alliance agreed to increase oil production gradually over the next three months.

Futures advanced in New York after choppy trading as details of the deal were revealed. The agreement between the Organization of Petroleum Exporting Countries and its allies to increase production from May to July includes a phasing out of Saudi Arabia’s unilateral 1-million barrel-a-day supply cut, according to delegates.

The current plan for the group is to boost output by 350,000 barrels a day in May and again for June, before an increase by 440,000 barrels a day in July.

While the rollout of coronavirus vaccines and supply curbs underpinned a fourth quarterly gain for crude, the rebound has faltered in recent weeks on concern that near-term consumption is at risk, particularly in Europe where France is heading for a month-long lockdown. Still, supplies are expected to tighten into the northern hemisphere’s summer season as economies continue to recover from the pandemic.

“The global picture is mostly a bright one in terms of the economy and oil demand, and there are a few spots like Europe that may be in trouble,” said Michael Lynch, president of Strategic Energy & Economic Research. “But compared to what we saw last year, it looks like we’re still on an upward trajectory for demand and possibly prices.”

Data from the U.S. and Asia do bolster the case for OPEC+ to loosen the taps. Americans are driving and flying the most since the pandemic began, U.S. refineries are processing the most oil since early March last year, and the nation’s stockpiles have shrunk for the first time in six weeks.

In Asia, Japan’s large manufacturers have turned optimistic for the first time since the fall of 2019, while South Korea’s exports have risen the most in more than two years. Indian gasoline sales topped 2019 levels in March, though diesel sales were lower.

[gwatson56] 01/4/2021 18:00

Agreed, looking at twitter seems a small release of extra crude from may onwards, both from Saudi 1M withhold and OPEC +.... POO seems to have gone up on the back of any news... What with Iran and Israel taking potshots at each others ships there is a potential for someone to make a mistake... BP seems a very good buy at 290 to me.

[plastow] 01/4/2021 17:13

Good buying opportunity coming up for the next leg up to 340.

[crazi] 01/4/2021 14:58

OPEC+ talking about a 2 month rollover which is great for the oil price. I just bought back in...



ForexLive
@ForexLive
·
9m
OPEC+ only discussion production rollover for May but Algeria suggests 2-month rollover - report

[adukeofkent] 01/4/2021 12:35

Double bottom off the 200ma?

[hellscream] 01/4/2021 05:25

ive been redirecting 50% of my bp dividend into BT.. i just cant see value in this share for the next 1 - 2 years, the big boys are obviously capping this on the upside.

what they give us in 2 weeks of ups they take all away in 1 down day. you call this a stockmarket lol

[veryniceperson] 31/3/2021 10:18

That's a bit naughty, oil at $64 a barrel. Price manipulation comes to mind. IMHO

[eurofox] 31/3/2021 10:14

Do people actually take any notice of these useless brokers who often talk their own book?

[philanderer] 31/3/2021 09:52

Downgrade.


MORGAN STANLEY CUTS BP TO 'UNDERWEIGHT' (EQUAL-WEIGHT) - PRICE TARGET 285 PENCE

[plastow] 29/3/2021 10:45

More upside first

[the_man_with_the_pink_gun] 29/3/2021 09:23

MARKET CORRECTION IMMINENT.

[the grumpy old men] 27/3/2021 09:00

The AGM is scheduled to take place at the Company's registered office, 1 St. James's Square, London, SW1Y 4PD, UK and electronically, starting at 11:00am BST on Wednesday, 12 May 2021.

Please refer to the important information contained in the Notice of Meeting in relation to participation in the AGM this year.

At present the measures put in place by the UK government in response to the COVID-19 pandemic mean that the Company cannot hold the meeting in the usual way in person. In these exceptional circumstances, the Company is therefore planning to hold the AGM this year as a combined physical and electronic meeting (that is a "hybrid meeting" as defined in article 42.1(ii) of the Company's articles of association). Due to the current restrictions, shareholders, proxies and others will not be permitted to attend the physical location for the AGM but can attend using the electronic meeting platform.

The Company continues to monitor developments in UK government guidance relating to the COVID-19 situation. If circumstances change materially before the date of the meeting, the Company may adapt proposed AGM arrangements. Any changes to AGM arrangements will be notified as early as possible before the date of the meeting via bp.com/agm and a regulatory announcement.

The total of the votes cast by shareholders for or against or withheld on each resolution to be put to the meeting will be published on bp.com on or shortly before Thursday 13 May 2021.

[77howard] 26/3/2021 20:51

Pantheon Resources (PANR) about to rocket:

Talitha #A well on the Alaskan North Slope has encountered five significant oil bearing zones plus an unexpected additional prospective zone.

"The results to date and the potential economic value as discussed earlier i.e., 350-500 million barrels of recoverable oil at an estimated NPV10 of over $10/bbl (at today's oil price) represents a huge potentially multi billion dollar prize that we can test over coming weeks."

[nissan300] 26/3/2021 17:09

Not yet IG