Gulf Keystone Petroleum Share Discussion Threads

[nufc9] 14/7/2022 13:55

ccording to Wirth, the market is still tight, recession or no recession.

“The tightness in supply hasn’t gone away,” Wirth said. “I think it’s great for the economy that prices have moderated, but I also see the risks remaining skewed towards the upside.”

Oil prices slipped below $100 per barrel on Wednesday in volatile trade as the United States said that the CPI had risen by 9.1% over the last 12 months. In turn, this could lower the demand for gasoline and crude oil.

According to Wirth, the United States is already seeing some demand destruction on the backs of higher oil prices. On Wednesday, fresh EIA figures suggested that implied gasoline demand in the United States had fallen by 1.3 million bpd from the previous week. GasBuddy’s Patrick De Haan said that the huge demand destruction might not be from end users moderating how much gasoline they purchase, but rather on gas stations delaying purchases from wholesalers—holding out for more favorable pricing as the cost of gasoline continues to dip.

“Today’s EIA data showed a massive plunge in implied gasoline demand- stations may have really throttled back buying gasoline waiting for prices to plunge,” De Haan said on Twitter on Wednesday.

[johnbuysghost] 14/7/2022 13:54

Chevron.......another big name looking for reserves............

[pensioner2] 14/7/2022 13:54

Now, now, Muttley. Keep yer cool. Oil hasn't dropped 30%. Fund managers are desperate for good dividend paying stocks. Will they find a better one than this. Where's your evidence they're dumping GKP? How thick are you?

[johnbuysghost] 14/7/2022 13:53

hxxps://oilprice.com/Latest-Energy-News/World-News/Chevron-CEO-Sees-Oil-Prices-Rebounding-On-Tightening-Supply.html

[nufc9] 14/7/2022 13:52

Bigdog, you better post that onto all oil companies bulletin boards then. Nothing specific to GKP. Please be so kind to let all the other oil investors know - we don't deserve special treatment here at GKP - please share your amazing knowledge to all.

[giant_canine] 14/7/2022 13:52

INCOMING TAKEOVER potentially HOSTILE or FRIENDLY?
That is the question.
(well one of them)

[giant_canine] 14/7/2022 13:51

#27,953 paid negative postings from Yankee Doodle CONDOG.

Good Afternoon( sorry Good Morning )across the Pond boiler room :)-
The biggest BUY signallers in town.

(BTW - you haven't misread that ......27 THOUSAND 953 sentiment attacking posts...)

[johnbuysghost] 14/7/2022 13:50

Stop lying Blackrock Bigdog. Useful grunts must tell the truth.

[rhysevs] 14/7/2022 13:50

Oil price has plummeted FUNNY

[bigdog5] 14/7/2022 13:48

pensioner writes

"P.S. There's no logical reason for a debt free huge dividend payer to drop 30% other than manipulation".

How thick are you ffs?

Oil price has plummeted, the Fund managers are dumping, Blackrock have altered their opinions, demand destruction and a world wide recession is now expected.

[johnbuysghost] 14/7/2022 13:46

Blackrock Bigdog works on the grunts desk.

[nufc9] 14/7/2022 13:45

Waiting for the dividend to come through in my ISA then pilling it right back in here.

[johnbuysghost] 14/7/2022 13:45

GKP is in play Nufc9.

I've got a big buy coming.

[nufc9] 14/7/2022 13:44

Genel up, GKP down .... go figure

[giant_canine] 14/7/2022 13:41

#27,951 paid negative postings from Yankee Doodle CONDOG.

Good Afternoon( sorry Good Morning )across the Pond boiler room :)-
The biggest BUY signallers in town.

(BTW - you haven't misread that ......27 THOUSAND 951 sentiment attacking posts...)

[johnbuysghost] 14/7/2022 13:41

Blackrock Bigdog5

[bigdog5] 14/7/2022 13:40

johnyboy says:-

"I'm taking the long view, if GKP is still around, which I doubt".

They were saying that way back in 2010!!!!! That's correct folks 12 years ago!!!!!

He was still buying everyday all the way to £4.60 as he kept telling us it would be a £50ps takeover.

Are Drugs and alcohol to be blamed for their ludicrous opinions?

[petebreeze37] 14/7/2022 13:38

If you look at the 2 year chart, this could fall a lot more, markets can do what they like to most share prices. I'm still waiting to buy more.

[giant_canine] 14/7/2022 13:35

#27,950 paid negative postings from Yankee Doodle CONDOG.

Good Afternoon( sorry Good Morning )across the Pond boiler room :)-
The biggest BUY signallers in town.

(BTW - you haven't misread that ......27 THOUSAND 950 sentiment attacking posts...)

[johnbuysghost] 14/7/2022 13:34

Blackrock Bigdog5

[giant_canine] 14/7/2022 13:33

As if by magic Condog awakes :)

[shortsqueezer] 14/7/2022 13:33

Bleating on about bloody buybacks again !

[bigdog5] 14/7/2022 13:31

Oh look harriet highlander7 clocked in very early with her latest load of BS.

"Have a look at the supply/demand predictions for the next 5 years Doggie and the long term forecast for the Chinese economy . Then ask yourself "where are they going to get the Oil from? "

Shaikan ?

H7"

We'll see but I can assure you it won't be from shaiCON.


Pensioner posts, "It's taking some time but you're getting there slowly, Muttley. That's what the 2017 Chinese fracture study was all about".

You deluded idiot, the Chinese study has been explained to you several times and what its "raison d'etre" was. The findings were light years away from being impressive AND it wasn't carried out for any possible "interest" in the field.

You're welcome to the facts again.

[pensioner2] 14/7/2022 13:20

Not needed today...yet.

[giant_canine] 14/7/2022 13:18

PUTUP on LSE out of bed across the pond - to put some 'snide' in LOL