Harbour Energy Share Discussion Threads

[marvinridesagain] 13/11/2018 20:56

Well it was mentioned that the Ruskies wanted Oil at around $65 and here we are $65

[leoneobull] 13/11/2018 20:52

https://www.cnbc.com/2018/11/13/why-oil-prices-tumbled-from-four-year-highs-into-a-bear-market.htmlFunnily enough the exact darned thing happened to copper in June onwards

[t-trader] 13/11/2018 20:13

OPEC played into Trumps hands....saying Iranian sanctions would leave the market short, thus forcing OPEC to increase production. Then low and behold Trump issues waivers to majority of countries importing Iranian crude which now leaves us with an over supply.

This must have been his game plan all along....lets hope OPEC tell him to take a running jump next time!

I really think this oil sell off is overdone, but wtfdik....we are all minnows at the mercy of the hedge fund god's.

[nav_mike] 13/11/2018 19:33

Looks like the hedge fund 'trend following' systems are going mental on oil and becoming self-fulfilling.

Either that or the hand of Trump is crashing oil - funny how it all gets so much worse after Europe closes.

Its all absolutely ludicrous....60% of the two year uptrend given back in a few weeks, but I guess it has to play out.

[maximus57] 13/11/2018 18:27

Thanks but what then is the point in having a colour distinction for trades. Seems a bit misleading to say the least

[duckdown] 13/11/2018 18:20

Blimey Brent now under $66. Oversold or further to fall?

[dealer1972] 13/11/2018 17:43

Nice article Leonobull :)

[marvinridesagain] 13/11/2018 17:38

Oh and use as many excuses as you like; someone was given the nod and a wink to increase Shorting.

Timing was a near miracle

[marvinridesagain] 13/11/2018 17:32

Flick it about as much as you like; the Arabs are running scared and are out of there league when it comes to dodgy dealings with the Oil Price. Feel sorry for em really, being bullied by a Dictator.

Fart even has the Ruskies, Chinese in his back pocket unless he goes or someone grows a set then the Oil price will settle at whatever Fart says it will settle at.

I did say we were in for more mega pain and here it is.

[eentweedrie] 13/11/2018 17:32

what the hell is the company supposed to say? It is pretty much market related and outside of their control. Although a few Director buys might help...

[duckdown] 13/11/2018 17:16

Prices have fallen off a cliff!

All eyes on API inventories tonight I guess - given the price action I'm guessing it's another large build for crude.

[nav_mike] 13/11/2018 17:16

All im reading across multiple websites is how hedge funds are exiting long bets at a record breaking rate....

As with many things, hedge funds probably making the current situation a zillion times worse. I wonder what the true price of oil would be if only set by producers and consumers? Come to think of it thats a genuine question

[asa8] 13/11/2018 17:12

The oil price has not helped here but Durrant has to shoulder some of the blame not one word from here or the board during this rout I hope he goes Thursday not fit for purpose

[leoneobull] 13/11/2018 16:49

Getting hammered at GLEN but only 10%. Pmo almost low enough to tempt me back in but need a glen bounce first

[eentweedrie] 13/11/2018 16:46

because the bid was below the actual trade price when it came through...forget the colour, it is a general guide, you need to look at the bid offerdyor aimho

[eentweedrie] 13/11/2018 16:07

well have bought a load just under 95...very good opp imo.

[rbonnier] 13/11/2018 16:04

Another couple of days of this and pmo will be down 50% in a month without a word from the BOD we must be missing something or someone knows some very bad news .

[fireplace22] 13/11/2018 15:23

OPEC now playing Trump at his own game they are now forecasting that demand next year will be 1.4M bbls/day less currently being produced so are looking for a 1M bbl/d cut from next months meeting.

[deanroberthunt] 13/11/2018 15:16

$88 to $67 in a flash

[deanroberthunt] 13/11/2018 15:16

good job they've got that hedging in place!!

[maximus57] 13/11/2018 15:05

Yes why am i missing something, and please explain sensibly

[eentweedrie] 13/11/2018 14:07

lol are you serious?

[maximus57] 13/11/2018 13:46

Wht is it showing red as a sale then on advfn?