Harbour Energy Share Discussion Threads

[gcd1] 09/4/2020 15:35

Worth topping up now guys.....?

[y1phr1] 09/4/2020 15:24

Today hopefully

[knowing] 09/4/2020 15:03

40p Tuesday

[advfn137] 09/4/2020 15:01

3pm meeting time!!!!How long will it last?Finish befire 4:30?Will it affect the share price today or tuesday

[mms98] 09/4/2020 14:42

Some really strange trades going on, i'm thinking some shorts are selling, just my opinion, good luck all and stay well.

[y1phr1] 09/4/2020 14:20

Could get a nice rise soon then

[oilhunter2020] 09/4/2020 14:19

Interesting read:
hxxp://www.energyintel.com/pages/eig_article.aspx?DocId=1069288

So 3pm GMT the OPEC+ meeting starts.

[rose_by_another_name] 09/4/2020 12:05

"The United States has become the world’s largest
producer but Trump’s administration has shown no
appetite to mandate cuts."

Unlike the Saudis and Putin, Trump is leader of a
democratic country, and has no way to order the
many independent oil companies to do anything.
In fact the USA has laws against collusion to
fix prices.

So another false narrative in that report.

[steve73] 09/4/2020 09:38

UK... "A Department for Business, Energy & Industrial Strategy survey published in early April showed that petrol consumption was down by 75% and diesel by 71%."

from;

I'd expect similar reductions in much of the developed world.

[oilhunter2020] 09/4/2020 08:42

We discuss PMO here and not enq !!!
I dont care what they announce!!!!

[jayminpatel1] 09/4/2020 08:38

Enq big rns today should be over 20p soon

[ant15] 09/4/2020 08:24

I am invested here but note that CHAR directors out with an interesting RNS today very prudent

[y1phr1] 09/4/2020 08:23

Hold on for lots more to come.

[john09] 09/4/2020 08:16

Yes i am enjoying selling into this with “some” of my 14p, 18p and 23p shares :-)

Only some

[oilhunter2020] 09/4/2020 08:09

Promising start :-)

[oapknob1] 09/4/2020 07:50

Russia suggesting they may cut by 15% or 1.6mill barrels. If US don't agree a cut in production then a deal would be less likely. If deal agreed then analysts suggest an ave $33 for 2020.

[jelenko] 09/4/2020 07:42

That's rubbish. Supply/ Demand will never re balance on it's own because the main culprits were the Americans and the loss making shale patch. Drive them to the wall with low prices and when prices recover they will reappear funded by uncle Sam.

[steve73] 09/4/2020 06:16

ctr - good post. ..432.

laura ..438.

A 10 MB/d cut will not be anywhere near enough to rebalance the market. There will still be a c. 10-15 Mb/d excess so prices CANNOT (IMO) recover. OPEC+ will simply be cutting their own revenues for no benefit.

All these rumours & reports are causing wild swings in the markets that the traders (and insiders) are making (or losing) money on.

Better to let the market push out the (non-state controlled) high cost producers until the supply-demand rebalances naturally. JMHO.

[grumr2013] 08/4/2020 21:13

As at 21.00 GMTWTI - Up 11%Brent - Up 5.5%