Jersey Oil And Gas Share Discussion Threads

[master rsi] 16/6/2020 16:56

Hi sammydog1

Any special reason why you bought into the stock today?

thanks

[master rsi] 16/6/2020 16:15

more buys a NEX and share price still rising

[master rsi] 16/6/2020 15:57

finally, the 105p offer is gone, as a 4.5K paid premium 107p ( it is over size 3K )

[master rsi] 16/6/2020 15:43

Brent currently at $41.

Crude Oil Soars Amid Signs of Improved Demand

Oil markets pushed higher Tuesday, helped by signs of a recovery in demand after the coronavirus-inspired slump which could return the market into a more balanced circumstance.

At (1315 GMT), U.S. crude futures traded 3.2% higher at $38.28 a barrel. The international benchmark Brent contract rose 2.8%, to $40.88.

Oil demand is recovering from its hefty fall, the International Energy Agency said on Tuesday, lifting its forecast for 2020 oil demand by nearly 500,000 barrels per day due to stronger than expected imports in Asia.

"China's strong exit from lockdown measures has seen demand in April almost back to year-ago levels. We have also seen a strong rebound in India in May, although demand is still well below year-ago levels."

That said, oil demand won’t fully recover until 2022 at the earliest, the IEA added, largely because of the “dire situation of the aviation sector.”

The jump in U.S. retail sales of 17.7% in May can only help the idea that demand will recover more quickly than expected in the world’s largest consumer of oil.

Turning to supply, the production cuts of around 10 million barrels a day adopted by the Organisation of Petroleum Exporting Countries and its allies, including Russia, will soon bring prices back to “normal,” according to the energy minister of the United Arab Emirates.

[master rsi] 16/6/2020 15:26

Brent Oil has gone over $41 and now ar $41.31 and that is $1.59 higher

Much the same for WTI light sweet at $39

[catchingmice] 16/6/2020 14:07

Fantastic Newshttps://news.sky.com/story/coronavirus-12007880

[rbonnier] 16/6/2020 12:50

Anyone got the on line limits ?

[master rsi] 16/6/2020 11:53

re- MMs games

a 798 shares sale @ 103.30p and bid price was marked down from 103 to 101p and then 9,516 buy @ 104.96 and bid up to 102p.
Some posters maybe do not understand those games but I trade for decades and noticed such funny work by Market Makers

NEX
16/06/2020
11:24 time
9,516 shares
104.96p price

[sammydog1] 16/6/2020 11:42

There have been over 11300 shares bought over on the nex market I knw they are buys because 1 of them is mine,

[master rsi] 16/6/2020 10:40

Brent Oil has gone over $40 not long ago

[master rsi] 16/6/2020 09:51

As I said a few times now, the MMs are short of stock and any size buying close to the MMs size 3,000 shares will have to mark up the price.

the last move up was with 2.500 share purchase and had to pay 106p
currently 103 v 105p

[master rsi] 16/6/2020 09:26

Slowly more trades are showing in the ticker, though small the last one already paying full offer 105, meaning if there's is another one the price will move

[master rsi] 16/6/2020 08:57

We are on.... maybe to the races
as soon after another 2,500 shares were purchase and MMs move up the price again

[master rsi] 16/6/2020 08:41

Marked up from the start as oil prices were rising last nigh and what we could consider a record punt to start the day....a 107 shares buy paying 103.50p

or maybe someone testing the waters

[pro_s2009] 16/6/2020 01:39

I would not worry too much about BP.

They are making hay while the sun shines. They can basically write off whatever they want now and nobody will give a hoot.

Which allows them to then upgrade and outperform in the coming year/s and they all get very rich on performance bonus payouts which are easy to hit if you write everything off now and have low targets.

[master rsi] 15/6/2020 16:16

Since the marked down, there has been interest in the shares at those lower prices.

MMs games has not worked out so far, because although the shares are down, due to the marked down, from the day they started to keep the price the same after the large buy, the BUYS are much higher than the sells.

[enormouswillie] 15/6/2020 15:47

Not good news

BP has cut its long-term oil price forecast, knocking up to $17.5bn off the value of its assets because they are valued at $70 per barrel. This drop has raised the spectre of stranded assets and project cancellations.

[rbonnier] 15/6/2020 15:35

Looking good for a bounce .

[master rsi] 15/6/2020 15:30

100p has been reached as middle price as the last buy was at 100p though the offer was 98p, so premium being paid for 9.987 shares

[master rsi] 15/6/2020 14:18

Maybe the MMs will let the share free for a while, by now they are well short of stock since the 45k buy.

[rbonnier] 14/6/2020 18:37

He forgot the 1 before the 70P as imo this is going up to 170P after the data room has opened up.

[catchingmice] 14/6/2020 18:30

Broken the uptrend.Could be down to 70p if it cannot resume back up.Another intelligent poster on the other thread.Sorry his thread the famous Pro who tipped 88e, Matd, Bloe, and who was ramping JOG only a few weeks ago but now deramps with his share price forecastHe's the biggest 'TOOL' on ADVFN A proper Muppet

[rbonnier] 14/6/2020 10:16

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