Harbour Energy Share Discussion Threads

[advfn137] 20/3/2020 13:20

What was your entry and exit sp

[up just a little bit] 20/3/2020 13:14

Anything could happen over the weekend, I've banked a small profit. Could have had more but a profit is a profit

[advfn137] 20/3/2020 13:09

Thoughts on what share price will close on?Good time to buy?Or wait for a fall?

[shujja1] 20/3/2020 12:33

Ammmu you are wrong

[teamwork1] 20/3/2020 10:05

Were did u hear

[ammu12] 20/3/2020 09:42

Tlw takeover rumours

[up just a little bit] 20/3/2020 09:17

Anyone got an opinion on the Saudis starting to pump over 12 million barrels per day?

[jungmana] 20/3/2020 09:13

There is worse to come with the oil price. Demand has plummeted as the world economy goes in a recession due to cv.Today is a bounce but we are in a bear market

[teamwork1] 20/3/2020 09:05

Have we sold this too early hope not

[svenice7] 20/3/2020 09:00

When all the shorts are closed, the city money comes in and oil price starts increasing, this will go nuts.

[y1phr1] 20/3/2020 08:48

A lot more to be made here today yet

[jungmana] 20/3/2020 08:47

There will be a lot of volatility in the market these days. A trading opportunity imo

[teamwork1] 20/3/2020 08:44

I sold mine at 21.78

[jungmana] 20/3/2020 08:41

Same here. Was in from 16p average

[teamwork1] 20/3/2020 08:40

I'm out wait for 18p

[julcester] 20/3/2020 08:25

I love a good, well-timed court case ?

[dickiebird2] 20/3/2020 08:21

Fill your boots !!

[stansmith3] 20/3/2020 06:12

now im a snowflake...i guess, not down 80% doesnt have the same ring to it

[bigtune888] 20/3/2020 05:27

KEY POINTS
U.S. crude futures for April rose 92 cents, or 3.7% to $26.14 a barrel. The front-month April contract, which spiked 24% on Thursday, expires later on Friday.
Brent crude futures climbed 57 cents, or 2%, to $29.04 per barrel. Brent rose 14.4% on Thursday in its biggest one-day gain since September.
GP: US Pumpjack at Dusk in the Permian Basin
Silhouette of Permian Basin pumpjacks taken at dusk, north of Midland, Texas, U.S. in late 2019.
Richard Eden | via Getty Images
U.S. crude oil prices rose over $1 on Friday, extending steep gains from the previous session, after U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia at an “appropriate time”.

Prices were also supported by United States’ plans to buy oil for its emergency stockpile, while regulators in the country’s largest oil-producing state Texas were reportedly considering curtailing production.

“Such actions, if implemented, would reduce global and domestic supplies and help support prices in the near-term,” Goldman Sachs said in a note on Friday.

“While this support could prove lasting in 2H20, the accompanying supply cuts would however remain much too small to offset the current 8 million barrels per day hit on demand from the coronavirus...”;

The more active West Texas Intermediate (WTI) crude futures contract for May was up $1.01, or 3.9% at $26.92 a barrel by 0352 GMT.

U.S. crude futures for April rose 92 cents, or 3.7% to $26.14 a barrel. The front-month April contract, which spiked 24% on Thursday, expires later on Friday.

Brent crude futures climbed 57 cents, or 2%, to $29.04 per barrel. Brent rose 14.4% on Thursday in its biggest one-day gain since September.

U.S. crude and Brent have both collapsed about 40% in the last two weeks since talks between the Organization of the Petroleum Exporting Countries and its allies, including Russia, broke down, which led Saudi Arabia to ramp up supply.

The Trump administration is considering a diplomatic push to get Saudi Arabia to close its taps and using the threat of sanctions on Russia to force them to reduce output, the Wall Street Journal reported, quoting unidentified sources.

“A fair bit of short covering ensued after President Trump suggested he may tackle the oil crisis by brokering a deal between Moscow and Riyadh,” Stephen Innes, chief market strategist at AxiCorp, said in a note.

U.S. crude prices were also supported by the country’s plans to buy crude for stockpiling after the U.S. Department of Energy said it would buy up to 30 million barrels of crude oil for the Strategic Petroleum Reserve by the end of June.

“Buying oil for the strategic reserve is a very constructive measure to help some U.S. producers avoid collapse amid the international price war,” said Per Magnus Nysveen, head of analysis at Oslo-based energy research firm Rystad Energy.

[andypop1] 20/3/2020 00:25

Marky,
London does need to be locked down but what will that tell the market?
We are in uncharted waters.
For me cash is the place to be but I'm guessing you are in big on this and 88e from a lot higher than here?
I suppose you can count yourself lucky you didn't gamble on Rockhopper, did you?
Good luck and I honestly mean that.
Night.

[andypop1] 19/3/2020 23:39

On a lighter note and one I'm sure we can all agree on, it's good to have a bit of decorum on the board despite our differences of opinion.
I was one day out, lol.
Good luck tomorrow, let's hope Marky’s lockdown doesn't happen.

[andypop1] 19/3/2020 23:15

Marky,
I've never been to Scotland and never intend to, as beautiful as it may be. What are you suggesting?
The rumour mill was saying the UK would be locked down from tomorrow evening, that announcement was apparently going to be made today, is it any wonder the shelves are empty?

Charlie 1 may well have free flowing oil but neither 88e or PMO have the free flowing cash to bring that oil to market, PMO has free flowing cash at these prices, unfortunately it's flowing out of the business, as the company so kindly pointed out!

Good luck and keep the positivity.