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OIL Oilexco

6.90
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Oilexco LSE:OIL London Ordinary Share CA6779091033 COM SHS NPV (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.90 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Oilexco Share Discussion Threads

Showing 21476 to 21489 of 22150 messages
Chat Pages: Latest  862  861  860  859  858  857  856  855  854  853  852  851  Older
DateSubjectAuthorDiscuss
25/11/2018
07:33
buywell3
25 Nov '18 - 01:57 - 9532 of 9534
0 0 0
Have you guys ever thought about just how unethical investing in OIL is ?





buywell3

A good subject to debate

how about starting a thread on the subject of pollution, if you have not already done so.

CHEERS

sarkasm
25/11/2018
01:57
Have you guys ever thought about just how unethical investing in OIL is ?


Particulates from diesel fuel are killing and causing major brain damage to children and unborn babies in all countries

You are supporting this outcome by buying OIL related shares and products


Read this ... diesel fuel from 1 42 gallon barrel of crude oil = 73%



''In 2017, refineries in the United States produced an average of about 20 gallons of motor gasoline and about 11 gallons of ultra-low sulfur distillate fuel oil (most of which is sold as diesel fuel and in several states as heating oil) from one 42-gallon barrel of crude oil.''

Don't say you didn't know because you do now


Diesel fumes collect in children's brains | Daily Mail Online

Jun 9, 2017 - Damage from particles in diesel emissions starts in early teens, they said. ... In one child, a 14-year-old girl from south-east Mexico City, they ...

Hasselt University: Diesel fumes harm children in the womb | Daily ...

Oct 16, 2017 - When each child was born, they took blood samples from the ... Short and long term exposure to the particles increase the likelihood of ...

Air pollution more harmful to children in cars than outside, warns top ...

Jun 12, 2017 - Exclusive: Walking or cycling to school is better for children's health as cars are 'boxes collecting ... Baby boy (6-9 months) sleeping in car seat .... chief scientific adviser, to buy diesel cars because they have lower carbon dioxide emissions. ..... This is much faster acting than the danger from particulates.

Children exposed to 30% more pollution than adults on walk to school ...

Jun 21, 2018 - Primary school children are being exposed to 30 per cent more ... nitrogen oxide (NOx), nitrogen dioxide (NO2) and diesel particulates ... Unicef said of the 20 local authorities with the largest proportion of babies living in them, ...

Asthma in Children: Effects of Exposure to Diesel Exhaust Particles ...
www.theglobalfool.com/asthma-in-children-effects-of-exposure-to-diesel-exhaust-particles/
Oct 12, 2013 - Asthma in Children: Effects of Exposure to Diesel Exhaust Particles. Diesel exhaust particles are one of the major components of air pollution. These particles are suspended in the air, and are microscopic — less than one-fifth the thickness of a human hair. As we breathe, they are drawn deep into the lungs.

Traffic pollution is a greater threat to babies in prams, study finds | Irish ...

Aug 14, 2018 - Ultrafine particles chiefly produced by diesel engines are known to ... of young children but only a handful have focused on in-pram babies.

Investigation into pedestrian exposure to near-vehicle exhaust ...

by NA Buzzard - ‎2009 - ‎Cited by 23 - ‎Related articles
Inhalation of diesel particulate matter (DPM) is known to have a negative impact on ... Finally, it was determined that children, infants, or people breathing at ...

The Environmental Protection Agency Funded Diesel Experiments on ...

Jan 23, 2015 - The Environmental Protection Agency Funded Diesel Experiments on ... (USC), in which child volunteers were exposed to diesel soot particles.

Traffic pollution prevents children's brains from reaching their full ...
› Earth › Environment
Jul 17, 2017 - Traffic pollution in cities can stall children's brain development and stop ... to tiny particles released from vehicles, especially diesel engines. ... find that a high-pollution day before a test could even effect a child's performance.

buywell3
25/11/2018
01:44
Have you guys ever thought about just how unethical investing in OIL is ?


Particulates from diesel fuel are killing and causing major brain damage to children and unborn babies in all countries

Read this ... diesel fuel from 1 42 gallon barrel of crude oil = 73%



''In 2017, refineries in the United States produced an average of about 20 gallons of motor gasoline and about 11 gallons of ultra-low sulfur distillate fuel oil (most of which is sold as diesel fuel and in several states as heating oil) from one 42-gallon barrel of crude oil.''

Don't say you didn't know because you do now


Diesel fumes collect in children's brains | Daily Mail Online

Jun 9, 2017 - Damage from particles in diesel emissions starts in early teens, they said. ... In one child, a 14-year-old girl from south-east Mexico City, they ...

Hasselt University: Diesel fumes harm children in the womb | Daily ...

Oct 16, 2017 - When each child was born, they took blood samples from the ... Short and long term exposure to the particles increase the likelihood of ...

Air pollution more harmful to children in cars than outside, warns top ...

Jun 12, 2017 - Exclusive: Walking or cycling to school is better for children's health as cars are 'boxes collecting ... Baby boy (6-9 months) sleeping in car seat .... chief scientific adviser, to buy diesel cars because they have lower carbon dioxide emissions. ..... This is much faster acting than the danger from particulates.

Children exposed to 30% more pollution than adults on walk to school ...

Jun 21, 2018 - Primary school children are being exposed to 30 per cent more ... nitrogen oxide (NOx), nitrogen dioxide (NO2) and diesel particulates ... Unicef said of the 20 local authorities with the largest proportion of babies living in them, ...

Asthma in Children: Effects of Exposure to Diesel Exhaust Particles ...
www.theglobalfool.com/asthma-in-children-effects-of-exposure-to-diesel-exhaust-particles/
Oct 12, 2013 - Asthma in Children: Effects of Exposure to Diesel Exhaust Particles. Diesel exhaust particles are one of the major components of air pollution. These particles are suspended in the air, and are microscopic — less than one-fifth the thickness of a human hair. As we breathe, they are drawn deep into the lungs.

Traffic pollution is a greater threat to babies in prams, study finds | Irish ...

Aug 14, 2018 - Ultrafine particles chiefly produced by diesel engines are known to ... of young children but only a handful have focused on in-pram babies.

Investigation into pedestrian exposure to near-vehicle exhaust ...

by NA Buzzard - ‎2009 - ‎Cited by 23 - ‎Related articles
Inhalation of diesel particulate matter (DPM) is known to have a negative impact on ... Finally, it was determined that children, infants, or people breathing at ...

The Environmental Protection Agency Funded Diesel Experiments on ...

Jan 23, 2015 - The Environmental Protection Agency Funded Diesel Experiments on ... (USC), in which child volunteers were exposed to diesel soot particles.

Traffic pollution prevents children's brains from reaching their full ...
› Earth › Environment
Jul 17, 2017 - Traffic pollution in cities can stall children's brain development and stop ... to tiny particles released from vehicles, especially diesel engines. ... find that a high-pollution day before a test could even effect a child's performance.

buywell3
24/11/2018
09:15
Oil tumbles more than 7% to $50.42, now down more than 30% in 7 weeks
Published Fri, Nov 23 2018 • 8:28 AM EST | Updated Fri, Nov 23 2018 • 2:39 PM EST
Sam Meredith
@smeredith19
Tom DiChristopher
@tdichristopher




Key Points

The latest wave of energy market selling comes amid escalating concerns about an increase in global supply and a slowdown in economic growth.
OPEC and non-OPEC members meeting in Vienna on Dec. 6 are expected to start curtailing output.
The value of a barrel of oil has tumbled about 20 percent this month, adding to a seven-week streak of consecutive losses.

sarkasm
23/11/2018
19:19
Markets Oil Markets

Frackers Fret as Trump Tweets for Lower Oil Prices
President’s call for prices to go lower concerns some in U.S. oil patch, who worry companies would have to curb drilling
By Christopher M. Matthews and
Bradley Olson
Nov. 23, 2018 1:28 p.m. ET

President Trump’s comments calling for oil prices to keep falling have some American shale drillers seething.

sarkasm
23/11/2018
19:17
Markets Oil Markets

Frackers Fret as Trump Tweets for Lower Oil Prices
President’s call for prices to go lower concerns some in U.S. oil patch, who worry companies would have to curb drilling
By Christopher M. Matthews and
Bradley Olson
Nov. 23, 2018 1:28 p.m. ET

President Trump’s comments calling for oil prices to keep falling have some American shale drillers seething.

sarkasm
23/11/2018
18:53
from the above...

Yet, not everyone in the oil market is convinced that MBS will keep the taps open to please Trump. As much as the U.S. president wants low oil prices, the Saudi prince needs higher oil prices to to finance social and military spending, as well as the lavish lifestyles of hundreds of princes.

"It remains our view that the Kingdom will adopt a ‘Saudi First’ policy and prioritize its own economic and social welfare above pleasing the American president," said Helima Croft, chief commodities strategist at RBC Capital Market LLC and a former CIA analyst.

bountyhunter
23/11/2018
18:27
Trump’s quest to drive down oil prices turns the screw on American drillers
Published 42 min ago
Tom DiChristopher
@tdichristopher




Key Points

Oil prices are down more than 30 percent to just over $50 a barrel over the last seven weeks.
President Donald Trump wants Saudi Arabia to take action to drive the cost of crude even lower.
U.S. crude prices are now approaching levels that could start to hurt American oil and gas drillers, a pillar of Trump’s political base.

waldron
23/11/2018
17:53
azalea
23 Nov '18 - 17:45 - 9521 of 9521
0 0 0
The plunging p.o.o. could seriously hamper the purchase of expensive EV.

CERTAINLY IF OVER THE LONG TERM

TRUMPS ANTICS ARE LIKELY TO BE SHORT TERM

AND LOVED BY TRADERS

MY VIEW THAT THIS PARTICULAR HICCUP IS A BUYING OPPORTUNITY OF OIL MAJORS

LIKE SHELL.TOTAL AND BP

waldron
23/11/2018
17:45
The plunging p.o.o. could seriously hamper the purchase of expensive EV.
azalea
23/11/2018
17:19
OIL has tanked since I posted


buywell315 Jan '18 - 18:39 - 8792 of 9519 Edit

You guys do understand why OIL has been pumped to the current level $ wise I do hope

It is for 1 reason only

That reason will soon be achieved

What is it ?










The reason was NOT achieved and hence it has tanked .... Now because of Trump and Shale oil in the USA we have oversupply

buywell3
23/11/2018
16:36
Oil prices plunge as glut fear triggers heavy selling
Energy analysts blame excessive production and weakening global economy
By Asia Times staff November 23, 2018 11:46 PM (UTC+8)

0
0

Oil prices fell on Friday to lows not seen since last year as concerns over high crude supplies prompted massive selling, according to dealers.

The WTI futures contract, the New York commodities markets’ benchmark, plunged more nearly 7% on the day, while its European counterpart, Brent Crude, dropped close to 5%.

High global oil production compared to demand was the main reason for Friday’s selling, while the outlook for a weakening world economy led investors to conclude that growth would not be strong enough to absorb the surplus.

“The truth of the matter remains that rising global crude supply coupled with worrying signs of slowing demand have written a recipe for disaster for the oil markets,” said Lukman Otunuga, a research analyst at FXTM.

With a December OPEC meeting not expected to make a major dent in production levels, WTI now had scope to fall to $50 “in the near term,” he said.

By the mid-European afternoon, WTI was just below $51 and Brent just under $60.

Some analysts blamed US President Donald Trump for falling oil prices.

“Although most analysts claim that this has to do with supply overhang and increased production from Russia and Saudi Arabia, the bottom line is that the US president keeps pushing for lower prices,” said Fiona Cincotta, senior market analyst at City Index trading group.

“While this is the case it will be difficult to see a return to oil at a higher level unless oil cartel OPEC decides on a major output cut at its next meeting on December 6.”

– With reporting Agence France-Presse

ariane
23/11/2018
15:54
BP begins pumping oil from west of Shetland
By National Newsdesk
The new development is the second phase of the Clair field

The new development is the second phase of the Clair field

ENERGY giant BP has used technology designed to maximise oil production offshore for the first time, as it began pumping oil from a new development west of Shetland.
2 comments

The firm hopes to be able to get 640 million barrels of oil from the Clair Ridge, with production expected to peak at 120,00 barrels a day.

The new development is the second phase of the Clair field, which was discovered just over 40 years ago with an estimated seven billion barrels of reserves.

READ MORE: BP given go-ahead to develop North Sea oil field

To get the oil from the site, which is 75 kilometres west of Shetland, BP used its enhanced recovery technology for the first time offshore.

The technique involved is called "LoSal", with the energy firm having estimated its use could result in up to 40m additional barrels being removed over the lifetime of the project.

Two new oil platforms, which are linked by a bridge, with pipelines to take away the oil and gas have been installed there, with BP having invested more than £4.5 billion there.

Bernard Looney, BP chief executive upstream, said: "The start-up of Clair Ridge is a culmination of decades of persistence.

"Clair was the first discovery we made in the west of Shetland area in 1977. But trying to access and produce its seven billion barrels proved very difficult. We had to leverage our technology and ingenuity to successfully bring on the first phase of this development in 2005.

READ MORE: Letters: Scotland is not reliant on England for energy

"And now more than 40 years after the original discovery, we have first oil from Clair Ridge, one of the largest recent investments in the UK.

"This is a major milestone for our opstream business and highlights BP's continued commitment to the North Sea region."

Andy Samuel, the chief executive of industry regulators at the Oil and Gas Authority (OGA), said the production of the first oil from the newly built Clair Ridge platform was a "major milestone" for the UK Continental Shelf (UKCS).

He added: "The OGA continues to view the west of Shetland as strategically important with substantial remaining potential.

"The Clair field has in excess of seven billion barrels in place and is expected to sustain production for many decades to come, with significant scope for further phases of development."

Deirdre Michie, the chief executive of industry body Oil and Gas UK, said Clair Ridge was part of a "frontier region which is likely to have the greatest potential to expand current UK production".

She added: "It's greatly encouraging to see one of the basin's original explorers using new, ambitious approaches and pioneering technology to help lead a revival in production.

"This is another firm step towards maximising economic recovery from the basin."

ariane
23/11/2018
14:01
this is the problem with the oil price:



"Earlier this week, Donald Trump thanked Saudi Arabia, the de facto leader of Opec, for pumping more and bringing down the price, but the US president said he wanted to see it lower still."

what actually happens at the forthcoming Opec meeting is yet to be seen

bountyhunter
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