Genel Energy Share Discussion Threads

[nodoe] 09/8/2016 08:52

Down one pence is hardly 'Sharp' !!!

[tsmith2] 09/8/2016 08:26

Good sharp reversal today?

[cyan] 08/8/2016 18:35

Some more reading;

"OPEC Talks to the Shorts"



"Loosening Up on Foreign Oil Money. The Saudis Should Toorest-grows"



Brent $45.39

[cyan] 08/8/2016 18:05

"Why oil prices are pushing higher"



Brent $45.40 as I type

[walloon3] 08/8/2016 15:17

Hawkey - apparently it means Lintons wife has a hot ass....

[cyan] 08/8/2016 13:29

"Oil rout forces Kuwait to hike petrol prices 80 per cent"



Extract;

"While the damage was cushioned by the gulf state's "significant financial buffers, the oil price shock appears to have lent urgency to the government's reform efforts," it added."
=============================================
I hope that some 'urgency' is evident at the next OPEC meeting.
Production agreements could get POO really moving powerfully north .

Brent now $45.07. That's good. We need to hold these gains.

[hawkey2] 08/8/2016 13:28

Wallon3

For non chartys, what does that mean ??

[walloon3] 08/8/2016 12:06

uh uuuh uuuuuurgh!

[linton5] 08/8/2016 12:03

Not as good as my wife's though mmmm

[walloon3] 08/8/2016 11:46

lovely bottoming chart on GENL.

[w1ndjammer] 08/8/2016 11:26

could go either way, shorts at all time highs.
-----------------------------------------------------
LONDON, Aug 8 – Oil received a boost on Monday from reports of renewed talks by some OPEC
"OPEC members including Venezuela, Ecuador and Kuwait are said to be behind this latest reincarnation. But just like previous endeavours, it seems doomed to fail," said Matt Smith of ClipperData.

Yet in the absence of an agreement, the crude and refined product glut is still weighing on markets.

In China, July fuel exports rose over 50 percent from a year ago to a monthly record 4.57 million tonnes, official data showed on Monday, as easing demand growth and a surplus in refined oil products pushed refiners to increase shipments to overseas buyers. ...

Because of the fuel glut, money managers have positioned themselves in expectation of lower prices, raising the amount of short positions in WTI futures that would profit from lower prices to a new all-time record.

"In response to the negative market sentiment, parties such as hedge funds are once again taking speculative positions on further oil price declines," Dutch bank ABN Amro said on Monday.

Meanwhile, the amount of oil rigs drilling in the United States rose to 381, the highest amount since March

[nodoe] 08/8/2016 11:05

Upwego.....using language like that, doesn't help people to accept you, it really isn't called for.

[cyan] 08/8/2016 11:00

"OPEC Plans Informal Talks Next Month, Sees Oil Dip Temporary"



Brent $44.80

[cyan] 08/8/2016 10:15

If you want to post cutting put downs please make an effort with your grammar and spelling; 'intelligance' oh dear oh dear.

Try using 'intelligence' in future, Chris.

[upwego] 08/8/2016 10:01

your a very clever guy you notice oil was up and the share price well done cyan

I`m clapping for your intelligance :)

[cyan] 08/8/2016 09:59

Oh dear; that's not very nice Chris. Actually i am up . Now off you go and settle your accounts.

[upwego] 08/8/2016 09:25

the bottom line is this is now a solid investment

KRG paying and also paying back the back log of oil

Could turn out to be a very lucrutive investment :)

[sparky333] 08/8/2016 09:21

It is so undervalued compared to it peers, look at SOU FFS,£278m for this company is laughable and should be at least double on current POO and assets.

[saget] 08/8/2016 09:20

I'm already in!From, err, £2.60...

[upwego] 08/8/2016 09:18

Get in or get left behind!

[dalailama] 08/8/2016 09:14

Cheap, so had to take a few more earlier, would have been rude not to.

[upwego] 08/8/2016 09:13

Tsmith agreed

Plenty of room for manouver here

will fly you watch just getting started :)