Gulf Keystone Petroleum Share Discussion Threads

[banggone] 28/11/2021 12:52

Really handy peer group comparison metricsIf GKP were trading at sector average , would be double figures now.That's the huge market suppression, that's helped the huge accumulation by investment bankers and hedges prior to very obvious monumental TAKEOVER.HTTPS://twitter.com/OilGasTracker/status/1451144720063860737?t=H-LtoXUHFd2FJ_ptTjyfMA&s=19

[bigdog5] 28/11/2021 12:51

Does Lobo's post tell a completely different but more accurate story of the "last great frontier"?

[banggone] 28/11/2021 12:40

Actually Dow weekend futures reversed from -250 to +125Not that I careHold Buy as many more as you canTAKEOVER ANNOUNCEMENT IMMINENT

[habshan] 28/11/2021 11:51

OPEC+ will do what needs to be done to defend the oil price.

Courtesy of CCC on LSE:-

NATURAL GAS | OIL 28 Nov 2021 | 05:57 UTC
Iraq doesn't have expectations about outcome of OPEC+ meeting

Author Dania Saadi
Editor Claudia Carpenter
HIGHLIGHTS
OPEC+ meeting set for Dec. 2

Oil price crash, new COVID variant, oil stocks' release on agenda.

Dated Brent plunged 11% on Nov. 26

Iraq does not have any expectations about the outcome of the Dec. 2 meeting of OPEC+ ministers, the country's oil minister told the state-run Iraqi News Agency, as the 23-member coalition is set to assess the impact of the oil price crash on Nov. 26, a new COVID variant and the coordinated release of oil stocks from major consumers.

Register Now "Member countries will wait for reports on market research that give a clear view and the decision will be based on what the technical experts present," Ihsan Ismaael told the agency on Nov. 27.
OPEC+ is weighing its supply options after the US-led attempt to lower prices by releasing stocks has been complicated by a major sell-off on resurgent demand fears on a new COVID variant.

Some coalition members are still calling for an aggressive response to the coordinated 70 million-barrel Strategic Petroleum Reserve release, which is equivalent to about two days of OPEC+ output. Such a strategy would risk inflaming already tense relations with the US, where crude trading over $80/b has been blamed for inflation surging to a 31-year-high of 6.2% and gasoline selling for over $4 a gallon in some parts of New York.

Since July, OPEC and its Russia-led allies have been raising crude quotas by 400,000 b/d each month, a gradual pace that has allowed them to support oil prices while largely keeping a US shale rally in check. Many forecasters and strategists now warn that continuing to increase output will leave the market oversupplied come January, especially if the Northern Hemisphere winter brings more COVID-19 lockdowns.

Fears over new lockdowns due to the new southern African COVID-19 variant caused crude prices to collapse on Nov. 26. S&P Global Platts assessed Dated Brent at $73.27/b that day, down 11% on the day and the lowest in two months.

The OPEC+ talks will begin with a delegate-level technical advisory committee meeting Nov. 29, followed by the ministerial monitoring committee co-chaired by Saudi Arabia and Russia convening on Nov. 30.

OPEC ministers will then meet Dec. 1, before inviting Russia and nine other partners in the OPEC+ coalition to talks on Dec. 2.

[frenchybannedme] 27/11/2021 21:53

I've already told you what it means.

Every Dog and Cat has to be destroyed.




nestoframpers27 Nov '21 - 21:40 - 645739 of 645739
0 0 0
The New Omicron Variant arrives - but what does it MEAN???
Ivor Cummins

[nestoframpers] 27/11/2021 21:40

The New Omicron Variant arrives - but what does it MEAN???
Ivor Cummins

[habshan] 27/11/2021 21:09

Tony - "Looks like the shorts will be ok."

Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners:-

"Goldman Sachs and Capital One are both of the opinion that the market price reaction is currently discounting a 4 million bpd hit to demand, so that is the fear, the reality is that the travel bans from Canada Europe and so on, we're talking about a 10 thousand bpd hit in a 100 million bpd market.

So the market is saying that the impact of the new variant is going to be 10 times more impactful to oil demand than the delta variant was when we had no vaccines, it's not like we are at where we were a year ago, and OPEC have their meetings next week when they can pause adding their monthly increase of 400kbpd to the market. So the most likely worst case scenario has already been more than fully baked in to the oil price.

Before today energy stocks were trading at their lowest valuation levels in history, the average company is trading at 3 times cash flow when they used to trade at 9."

At close of play on Friday Brent had already recovered $1.3 from the days' low.

Lots of volatility to come, but if you're short, be afraid.

Be very afraid.

[frenchybannedme] 27/11/2021 20:45

Shorters (and indeed most traders who are really gamblers in disguise) will only report their apparent huge gains on their (imaginary) trades.


They will never post that their shorts have gone wrong and burnt the house down and they haven't told the wife yet.

[kurdman63] 27/11/2021 20:12

Looks like the shorts will be ok 😂

How many ADVFN posts and self ticks will it take to rid the world of this virus 😂

[nestoframpers] 27/11/2021 19:33

John Campbell on the Vax - 14% more likely to have a heart attack.

[frenchybannedme] 27/11/2021 19:32

Breaking Conspiracy Theory News Flash.


The new Omicron Coronavirus variant is actually spread by pet dogs and cats.

All these creatures will need to be destroyed.

[nestoframpers] 27/11/2021 17:29

Maybe it isn't the virus we should be concerned about ?

[habshan] 27/11/2021 17:22

Hopefully things won't be as bad as was feared and the situation will quickly get back to normal.

Too soon to tell of course but this seems to give cause for optimism so fingers crossed.



"South African doctor who raised alarm about omicron variant says symptoms are ‘unusual but mild.

The first South African doctor to alert the authorities about patients with the omicron variant has told The Telegraph the symptoms of the new variant are unusual but mild.

Their symptoms were so different and so mild from those I had treated before,” said Dr Coetze, a GP for 33 years who chairs South Africa’s Medical Association alongside running her practice."

[nestoframpers] 26/11/2021 23:32

France's only hope ?

[nestoframpers] 26/11/2021 21:26

" I post Because you don't want me to"

in a whinny voice and that is all you need to know about OM. Yawn

[habshan] 26/11/2021 21:13

"I don't post to help people. I post Because you don't want me to."

Yes I know you do Tony, I have a 5 year old granddaughter who has exactly the same way of thinking that you do.

But you expect people to take you seriously and short a stock because "you told them to."

Oh dear.

It's hard to know what to say really so I think I won't bother and as it's after 1am I think I'll turn in instead.

[kurdman63] 26/11/2021 21:00

I have someone rattled 😂😂😂

I don't post to help people !

I post Because you don't want me to 😂

[banggone] 26/11/2021 20:11

H I was short the DJIA from TuesdayHave been a few times recently, unsuccessfully!This time I made 5 figures :))Threw it all in here on Black Friday at give away pricesSOLD BEFORE CHRISTMAS BANG GONE