Gulf Keystone Petroleum Share Discussion Threads

[pensioner2] 26/3/2021 09:51

Yep. I think they're gong to have to let it go to get some liquidity back. Nobody wants to sell and shorting would be madness.

[shortsqueezer] 26/3/2021 09:30

I've a feeling a lot of trades are being held back.

[highlander7] 26/3/2021 09:29

I remember the last time Suez was blocked.....the OP went through the roof.

[pensioner2] 26/3/2021 09:25

Volume very low this morning. Is there tight liquidity between the two trading desks? :-)

[pensioner2] 26/3/2021 08:58

On top of the supply blockage from the Gulf, beernut, that northern pipeline might give the Kurds an extra bargaining point to get the oil law through the parliament.

[beernut] 26/3/2021 08:51

Fears of prolonged Suez Canal blockage drive oil prices higher
Salvage firm says giant ship blocking Suez Canal, among busiest channels for oil and fuels, could take weeks to free.
Of the 39.2 million barrels per day (bpd) of total seaborne trade in crude in 2020, 1.74 million bpd went through the Suez Canal, according to tanker tracking firm Kpler [File: Ali Mohammadi/Bloomberg]
Of the 39.2 million barrels per day (bpd) of total seaborne trade in crude in 2020, 1.74 million bpd went through the Suez Canal, according to tanker tracking firm Kpler [File: Ali Mohammadi/Bloomberg]
26 Mar 2021
Oil prices rose sharply on Friday on mounting concerns that it could take weeks to dislodge a giant container ship blocking the Suez Canal, possibly squeezing supplies of crude and refined products.

Prices, however, were still headed for a third consecutive weekly loss, with the outlook for demand dented by fresh coronavirus lockdowns in Europe.

Brent crude was higher by 54 cents, or 0.9 percent, at $62.49 a barrel by 04:32 GMT, after dropping 3.8 percent on Thursday.

[beernut] 26/3/2021 08:49

FTSE 100 jumps as Suez canal traffic jam triggers oil price rally and boost for BP and Shell
Giant cargo ship remains stuck as traffic piles up on either side

Egypt Suez Canal
Egypt Suez Canal / AP
By Jim Armitage@ArmitageJim
11 minutes ago
T
he FTSE 100 jumped today as oil prices were expected higher due to the growing traffic jam at the Suez canal.

Attempts to refloat the giant cargo ship blocking the key trade route have failed so far, leading to growing fears that tankers bringing oil into Europe will have to divert all the way around the Cape of Good Hope.

That would create potential shortages for European customers and drive up the price of fuel, analysts said.

[beernut] 26/3/2021 08:37

hxxps://wp-gulfkeystone-2020.s3.eu-west-2.amazonaws.com/media/2021/03/25091749/GKP-Corporate-presentation-Pareto-Conference-25-March-2021-vfinal.pdf

[beernut] 26/3/2021 08:33

From Lse new presentation (yesterday)

New presentationThu 20:13
hxxps://wp-gulfkeystone-2020.s3.eu-west-2.amazonaws.com/media/2021/03/25091749/GKP-Corporate-presentation-Pareto-Conference-25-March-2021-vfinal.pdf

[pensioner2] 26/3/2021 08:21

Looks like the mm's got caught out this morning.

[highlander7] 26/3/2021 08:10

They wont be able to keep this down for much longer. IMO

[shortsqueezer] 26/3/2021 08:04

Look at that spread ! :-)

[ammu12] 26/3/2021 07:53

Brent back up++

[highlander7] 26/3/2021 06:59

I heard the TO story a while back - elsewhere. Ill believe it when the money is in the bank.

I certainly think some sort of EU wealth grab is a possibility, with the total economic mess these 2nd rate numpties have got themselves into. Hope they do , then we will see a lot more exits , and bye bye EU.

Looks like shorting the Euro is a good idea.

[highlander7] 26/3/2021 06:59

Repeat ...ADVFN doesnt like WIN10 apparently.

[bravedog] 26/3/2021 06:22

It will be now: the opportunity is 4 days off in Europe, like when they created the Euro.
TO on April 6: it will be paid in good money, not in fiat currency.
And on April 7, the II forum disappears...

And Tony will have to wait for his options as DJT will be back.

LOL

[bravedog] 26/3/2021 03:46

We should have a bond issue this morning of about 200 mio $ for the development of the company.

In fact they will buy shares of GKP, a 500 mio $ cy!

DO NOT SELL SHARES BEFORE EASTER AS A NEW FINANCIAL SYSTEM WILL BE CREATED: IF YOU HAVE MORE THAN 100,000 ON YOUR BANK ACCOUNT, IT WILL BE TAKEN AWAY.

THAT IS WHY ALL THE DEFICIT RUNNING COUNTRIES WANT YOU LOCKED DOWN FOR EASTER.

DO NOT SELL ANY SHARE BEFORE EASTER.