Bp Share Discussion Threads

[tuftymatt] 25/5/2023 21:38

Yeah a big drop which I didn't expect considering what was said recently about those short on oil should beware ahead of the OPEC meeting.

Oh well and it gives a buying opportunity I guess and a chance to average down again!!

[meb123] 25/5/2023 18:16

Well oil is down 3% . Not a surprise .

[hoper1] 25/5/2023 17:27

Most oilers on my watchlist down 2 to 6 per cent

[veryniceperson] 25/5/2023 16:38

These have been hit hard today. Unnecessarily methinks.

[adg] 25/5/2023 08:44

To pay for the incredulous amount of social welfare……;. Nobody wants to work anymore, nobody needs to work anymore… and the ridiculous system rewards the lazy scroungers yet penalises those who actually work and contribute - people on the multiple benefits don’t have to worry about inflation running away as so much is provided - no idea where it will end the way thing are, it really worries me
Just look at the number of registered disabled (10m!) or long term sick (2m!)…. Says it all
Anyway- when is bp gonna get out of this rut?

[hellscream] 25/5/2023 05:27

bout time sterling started dropping.. basket case economy keeps printing £26 billion a month to keep the lights on.

[meb123] 23/5/2023 11:52

Encouraging movement today . Assuming you are long here just came across some analyst targets . I know most of the time they are not worth the paper they are written on but it's always better to read positive targets . Barclays have retained 1000p , Goldman 700p . Lowest Jeffries at 530 . Hopefully if we don't get a recession it will be much more than 530 this time next year :)

[hellscream] 19/5/2023 17:14

there any point in having an stockmarket? wish i ploughed all my money in housing, atleast the government backs it 110%.

[meb123] 19/5/2023 09:15

As houses have kept up with inflation maybe BP should have moved to buy to let lol

[hellscream] 19/5/2023 05:08

saw a paper showing effects of inflation 20 years ago, £1000 is now worth £250.

explains how BP were £7 in 2000. whats that 90% down in 20 years then.

[hellscream] 19/5/2023 05:05

$43 billion cash on hand and the company is worth..what £90 billion.

[veryniceperson] 17/5/2023 09:59

Keep the faith, hellscream! We've got the dividend next month to look forward to.

[younasm] 17/5/2023 09:18

Not much support from oil price. Slightly stronger dollar might help.Markets going sideways until interest rates peak is confirmed.

[hellscream] 17/5/2023 08:54

OMG the share's are up (for now)

[meb123] 15/5/2023 11:48

I think it's impossible to explain the day to day movements on the oil price if there is nothing obvious eg OPEC cutting supply. On CNBC the usual reasons are China demand uncertainty outweighing tighter supply or vice Versa. The market makers will choose one because they have to !

[hellscream] 15/5/2023 08:31

alot of manipulation on the oil markets, america desperate to get inflation down.

[scruff1] 15/5/2023 07:07

Oil taken a bit of a hammering again, Strength of the dollar and concerns over US and Chinese economies . Not a good way to start the week - again!

[scruff1] 12/5/2023 09:04

Dont worry. The yanks are predicting peak shale production is pretty close then they say control of the worlds fossils is predominately in the hands of Saudi and UAE and Qatar. The Tories are saving ours for posterity and to save us (and the Middle East) from the horrors of climate change

[hellscream] 12/5/2023 03:38

80p drop in a month, buybacks working? was £6 in 2018 while we had 21 billion shares in issue.

getting tired of hearing the word recession every day... we just drop 5-8p every day while they say it.

[younasm] 11/5/2023 16:09

Added a few more today

[veryniceperson] 11/5/2023 12:46

Thanks, cause it is.

[tuftymatt] 11/5/2023 11:29

It went ex divi so that's worth about 5p off.
I agree though and took a few more.