Bp Share Discussion Threads

[veryniceperson] 30/6/2022 15:57

Silly me, gone right down.

[blackhorse23] 30/6/2022 15:52

Sold & bought ENQ , better value

[hellscream] 30/6/2022 15:10

last 2 hour dump now.

[younasm] 30/6/2022 14:53

Agreed - nice to see these holding up despite wider sell-off

[smurfy2001] 30/6/2022 13:02

BP must be absolutely creaming the cash right now. Petrol prices at highest levels.

Cost of living: Fuel retailers accused of abusing their 'essential' status through rip-off prices

[veryniceperson] 30/6/2022 10:47

Holding up well considering the ft.

[younasm] 30/6/2022 09:53

Russia is already supplying oil at discounted prices (to China / India / Sri Lanka and others who are willing to flex the sanctions ) G7 is a bit late to this party

[milliecusto] 30/6/2022 09:42

https://markets.businessinsider.com/news/commodities/oil-price-outlook-surge-g7-russia-cap-plans-energy-seb-2022-6

[younasm] 30/6/2022 09:13

Adjusted short positions at 389p - expecting 380-420p share price range for the options expiry on 15th July. Volatility creates opportunities to trade.

[planit2] 30/6/2022 08:14

Oil supply is tight atm even with China lockdowns and USA using up it's SPR's at a high rate. I don't see how there will be an oversupply in Q4 when both of these will be reversed.

[f56] 29/6/2022 20:03

He hasn’t used a cigar yet like Clinton. Only time will tell. Lol.

[f56] 29/6/2022 20:00

Lol. Biden sued over new lease sales. You couldn’t dream it up.

[adg] 29/6/2022 17:44

I don't see oil getting much below $100 at all in 2022, I would think its more likely we would see nearer $150 than $60 - just cant see it at all but never say never
of course we could see the pandemic mk2 or nuclear war - both of which sadly are possible

[hellscream] 29/6/2022 17:19

who would of thought £3 in a time of hyperinflation!

[hellscream] 29/6/2022 17:05

when was the last time the share went up in the last 2 hours of play, 1/10 chance.

[milliecusto] 29/6/2022 16:57

Don't get the drop at then end

[younasm] 29/6/2022 15:35

I adjust my long term holdings with overbought / oversold levels. The dividends have been good for the 30-yrs and share price volatility has been excellent too to help with short term trading.Apart from very difficult times with DWH spill and multi-billion, multi-year payouts this share has been good average long term risk.The oil supply constraints seem deliberate in my opinion to keep the price above $100 bblWTI - decent profits for the producers. Those countries need the revenues to support their country budgets. For the last 12-months, the higher oil prices have been very helpful.There is good chance of oil price $60-80 range in Q4 2022, due to over production and reduced demand .

[adg] 29/6/2022 13:49

BP & Shell are cash machines that are spewing out £50 notes faster than they can be printed. At some point in the near term the true value will out, i wouldnt be surprised to see £6 BP and £30 Shell - I am not predicting that but I wouldnt be surprised.
I am not a fan of buybacks (bird in the hand and all that) but if/when the share price finally reflects true value, the purchases at £3 and £4 will be considered a masterstroke/forward thinking and will benefit those of us with a bit more patience than a gnat/the average 'new age impatient investor/trader'

[jackpotjack] 28/6/2022 22:51

Ha, you won't have the 'choice' to take a loss if it comes your way.Good luck to you sir, heading into winter in 4 months and Brent holding above 110.No sign of the war slowing which means the EU will be desperate for oil and gas so gonna pay a hefty price.$150 will be breached and that will cause a spike to $180 me thinks.

[younasm] 28/6/2022 20:15

I sold out at 404p what little BP shares I was assigned last Friday (380p cost) and opened short position at 404.75p as well.I am not convinced that oil prices can go much higher than WTI $120 bbl - the producers are laughing all the way to the bank !! I could be wrong in my thinking - I will take the required loss if needed.Good luck

[veryniceperson] 28/6/2022 18:02

Trading hellscream!

[hellscream] 28/6/2022 17:27

why the 7p drop at the end? oil is up right?

was happy to take 50p of us in 2 days tho.

[f56] 28/6/2022 16:57

Forget global warming. No more to war!

[f56] 28/6/2022 16:55

Biden is the cause of all of our problems. As soon as he goes the world can get back to normal. Yes.

[f56] 28/6/2022 16:53

Biden out. Lol!