Harbour Energy Share Discussion Threads

[titasiinitramho] 21/6/2019 08:58

How is this still under 78p. .. Crude nearly $2 higher than yesterday and PMO still at almost the same levels as yesterday...


77.66 - 77.82

+0.62%

[manics] 21/6/2019 08:55

THIS BB HAS NOT BEEN PEACEFUL OR HAPPY SINCE 300p.

[titasiinitramho] 21/6/2019 08:45

And having your username end with the word "Loser" is even more apt...


lol

[titasiinitramho] 21/6/2019 08:27

BTW Mr RSI... Try getting yourself a real time price feed, then you might post relevant price information and not something an hour old...

I shall rename RSI for you to mean Relative Stupidity Index...


CURRENT price for PMO:

77.22 - 77.36

-0.13%


(I deffo wouldn't want to "crossed wards" with you.. lol)

[colebrooke] 21/6/2019 06:49

As Iran launches its maximum chaos policy to sway US policy, we think oil markets should prepare for summer spikes of geopolitical risk in the heart of the oil producing Gulf and a major crude transport corridor. https://app.hedgeye.com/insights/76063-geopolitical-risk-iran-s-answer-to-us-maximum-pressure-is-maximum-chaos?type=policy

[stansmith3] 20/6/2019 23:53

Hes not know as master gaslighter for nothing!Just wait til you see his TA.

[manics] 20/6/2019 19:56

Big mistake yo':

[johnwise] 20/6/2019 18:14

US RED LINE: Donald Trump ordered to 'sink Iranian Navy' and 'blow up oil' if Tehran move

IRAN risks sparking a “major war” and the “entire world should be worried” about its nuclear capabilities, one US Senator has warned.

[titasiinitramho] 20/6/2019 16:51

Master RSI...

You know exceedingly little if you think that cut n pasting hour old price information is worth posting.

Your accuracy about when I was born is similarly out of whack...

There, that's two thngs that you don't know...


lol

[colebrooke] 20/6/2019 16:48

Possible preparation by the Trump Administration to strike Iran in retaliation for the US drone being downed.Any strike on Iran will add few dollars to oil prices. An Iranian response, weather against the US, neighboring countries, or oil tankers, will add an additional few dollars.

[master rsi] 20/6/2019 16:46

TitasiiniTramho
re - Master RSI, your cut n paste is outdated info...

Maybe you would bother to say which one, today's post are today's news

Prices have improved from my last post for sure

one thing I know, you are new in this world, just born late last year

[oilretire] 20/6/2019 16:42

Didn't realise Catcher was so far up the chart.

Currently 7th biggest producer in all sectors of the UK.

[manics] 20/6/2019 16:35

PMO tracks oil increase 1:1
PMO tracks oil decrease 5:1

[titasiinitramho] 20/6/2019 16:33

Now watch crude climb up now UK is closed...

OPEC meeting in a week too...

Few things lining up for another assault on 100p soon...

[titasiinitramho] 20/6/2019 16:19

Master RSI, your cut n paste is outdated info...

WTI +5.5%

Brent +4.15%

PMO +5.8%

TLW +5.21%

[master rsi] 20/6/2019 16:14

Oil supported on Middle East Tensions and rising demand forecasts
Market Pulse Today 15.45
Crude prices are trading sharply as international tensions soar in the Middle East and on fresh stimulus signals from the Fed. Iran is showing they are still able to rattle oil markets with the downing of a US drone. Iran claims the US drone entered in Iranian air space, while the US firmly denies that it is the case. Iran’s media said the drone was shot down near Kuh Mobarak, on Iran’s southern coast, which is just next to the entrance of the Persian Gulf.

Oil prices are out of bear market territory and appear well supported here. With demand forecasts receiving some relief as dovish signals are now strong expected to come from both the Fed and ECB. Demand forecasts could also get another boost if we see a positive outcome with the US – China upcoming trade talk at the G20 summit in Japan.

Crude prices are also being supported as OPEC and allies were finally able to settle on a date to meet and the three biggest producers (Saudi Arabia, Iraq and UAE) are set on extending production cuts for the rest of the year.

West Texas Intermediate crude is higher by 4.9% and Brent is up 3.7%.

[titasiinitramho] 20/6/2019 16:06

Great day in the office...Thanks to Iran breaking Trumps drone and with a little help from Russia - Poland pipeline contamination...

78 isn't giving way without a fight even with Brent at 64 tho...

Needs a juicy tweet to push it over 78... or a Fed rate cut announcement...

[knowing] 20/6/2019 15:52

Good day in the office

[master rsi] 20/6/2019 10:42

"The Trend is your friend" works OK for me .............

Oil Price Fundamental Daily Forecast – Series of Bullish Events Shifts Momentum to Upside
WTI crude oil changed trend when buyers took out $54.99. If the upside momentum continues then were looking for a minimum test of $57.41 over the short-run. The trend will change to up for Brent crude oil when buyers take out the main top at $64.13. This should trigger an acceleration to the upside with the first target coming in at $65.93.

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading sharply higher on Thursday. U.S. crude oil accelerated to the upside after the trend changed to up on the daily chart. Brent crude oil is rapidly approaching a breakout area on the daily chart.

Several factors are contributing to the steep rise in crude oil prices. The buying started earlier in the week on the hopes that a meeting between U.S. President Trump and China President Xi Jinping will lead to an eventual trade deal between the two economic powerhouses. It continued early Wednesday following the release of a better-than-expected government inventories report.

A weaker U.S. Dollar is also helping to boost foreign demand for dollar-denominated crude oil. The greenback weakened when the Federal Reserve hinted at a July rate cut. Buyers are also reacting to reports that OPEC and its allies will extend the deal to cut production, trim the excess supply and stabilize prices.

The biggest story of the day is an escalation of tensions in the Middle East after a U.S. official said one of the country’s military drones was shot down by an Iranian missile. The drone was downed in international airspace over the Strait of Hormuz by an Iranian surface-to-air missile, a U.S. official said on Thursday, speaking on condition of anonymity.

At 07:37 GMT, August WTI crude oil is trading $55.54, up $1.57 or +2.89% and August Brent crude oil is at $63.42, up $1.60 or +2.59%.

U.S. Energy Information Administration Weekly Inventories Report
On Wednesday, the EIA reported that U.S. crude supplies fell by 3.1 million barrels for the week-ended June 14. This was the first decline in 3 weeks. Traders were expecting a 1.5 million barrel draw down.

The EIA report also showed that gasoline inventories were down 1.7 million barrels, while distillate stockpiles edged lower by 600,000 barrels last week. Traders were looking for supply increases of 1 million barrels each for gasoline and distillates.

Daily Forecast
Upside momentum is strong on the back of a series of bullish developments so we’re looking for higher prices to continue throughout the session.

WTI crude oil changed trend when buyers took out $54.99. If the upside momentum continues then were looking for a minimum test of $57.41 over the short-run. The trend will change to up for Brent crude oil when buyers take out the main top at $64.13. This should trigger an acceleration to the upside with the first target coming in at $65.93.

[master rsi] 20/6/2019 10:27

How the Oil producers are performing after today's large rise in the Oil price

PMO 76.00 +2.94 +4.02%
CNE 163.00 +6.20 +3.95%
TLW 210.60 +7.20 +3.54%
ENQ 19.94 +0.56 +2.89%
BP. 544.00 +2.40 +0.44%
GENL 172.60 +0.40 +0.23%

[johnwise] 20/6/2019 08:11

US-Iran tensions erupt as Tehran 'shoots down' US spy drone in latest Middle East attack

IRAN has reportedly shot down a US Global Hawk drone near the Hormozgan Province.

[onedb1] 20/6/2019 08:02

You'll probably more right than me given it opened so well .