Shell Share Discussion Threads

[supermarky] 06/3/2020 16:07

Patiently waiting to top up if this has more to go on the downside in the near term. Sittting here sipping a bottle of Corona. Well it is the weekend!

[montyhedge] 06/3/2020 15:55

More debt, due this summer, it will work this time, some say under $50 a lot can't service their debt. Then 4th quarter $60 oil, thats the way I see it, may be wrong but thats what I think OPEC are doing. Just my thoughts

[ftl] 06/3/2020 15:47

Seem to recollect they tried that in 2016 Monty, didn't work then what makes you sure it will work now.

[montyhedge] 06/3/2020 15:40

A lot of US shale can't survive with WTI under $48 WTI, a lot of debt due this summer, before to pay they just pumped more, not now not worth it.
If some go bust, oil price will be back to $60 4th quarter.

[imperial3] 06/3/2020 15:39

Montyhedge.

Go and pedal your wares on the NCYT board.

[spud] 06/3/2020 15:30

zho - Above launch price? wow!

spud

[sarkasm] 06/3/2020 15:19

not yet today

WTI 43.14 USD -6.64%

[11_percent] 06/3/2020 15:17

WTI into the 30s????

[zho] 06/3/2020 15:12

spud

>>Wonder how the Saudi Sovereign Wealth Fund is performing....>>

[montyhedge] 06/3/2020 15:06

I don't think OPEC will agree, its their chance to put a lot of US Shale companies out of business, then oil prices will rise later in the year, when less producers. A lot of US Shale companies debt is due this summer.

[11_percent] 06/3/2020 14:54

CNBC.....saying OPEC talks on verge of collapse....

[sarkasm] 06/3/2020 14:52

Dow plunges more than 700 points as Wall Street nears the end of a turbulent week
Published Thu, Mar 5 202010:51 PM ESTUpdated 10 min ago
Yun Li
@YunLi626

[ftl] 06/3/2020 14:42

11_percent6 Mar '20 - 14:11 - 10417 of 10421 What's happening guys......when do we get an OPEC decision ... Meeting was supposedly delayed by 3 hours as a series of desperate backroom negotiations took place in an attempt to get Russia on board, so it's any ones guess as to when an announcement will be made.

[not my real name] 06/3/2020 14:29

spud,

A bit like my current wealth fund I guess!

NMRN

[sarkasm] 06/3/2020 14:29

it would be any sovereign wealth fund

what think you spud spud


spud
6 Mar '20 - 14:25 - 10419 of 10419
0 0 0
Wonder how the Saudi Sovereign Wealth Fund is performing....

spud

[spud] 06/3/2020 14:25

Wonder how the Saudi Sovereign Wealth Fund is performing....

spud

[11_percent] 06/3/2020 14:11

What's happening guys......when do we get an OPEC decision.

[spud] 06/3/2020 13:33

Deep joy!

spud

[sarkasm] 06/3/2020 13:30

Pre-market data
Dow is set to drop 800 points at the open, continuing Thursday’s deep rout
Published Thu, Mar 5 202010:51 PM ESTUpdated Moments Ago
Yun Li
@YunLi626

[sarkasm] 06/3/2020 13:22

WHO warns the world ‘this is not a drill’ as coronavirus outbreak deepens
0
By LLB Reporter at 12:33 pm March 6, 2020 Breaking News, Business News, World News

The World Health Organization (WHO) chief Dr Tedros Adhanom Ghebreyesus has warned governments around the world that the continued spread of coronavirus “is not a drill.”

The world has now surpassed the 100,000 milestone of global infections of the virus, Ghebreyesus said that public health authorities globally can contain and combat coronavirus.

The WHO chief further warned governments that significant action is required if authorities are to contain the global coronavirus outbreak.

Ghebreyesus said, “This is not a drill. This is not the time to give up. This is not a time for excuses. This is a time for pulling out all the stops. Countries have been planning for scenarios like this for decades. Now is the time to act on those plans.

“This epidemic can be pushed back, but only with a collective, coordinated and comprehensive approach that engages the entire machinery of government.”

The deadly virus has spread to more than 80 countries out of 195 in the world and health experts have warned newly emergent clusters in Europe will accelerate the speed of infections.

On Friday morning, the UK’s chief scientific advisor to the government, Sir Patrick Vallance gave a stark warning that coronavirus has “a higher death rate than flu.”

Sir Patrick further warned the British government are “looking at” isolating entire households to prevent the spread of coronavirus.
Britain’s first death from the deadly coronavirus was confirmed on Thursday afternoon. The man had tested positive on Wednesday evening and has now died as he had “underlying health conditions.”

[grupo] 06/3/2020 10:44

Pre-market data
Wall Street set to continue wild week as Dow futures indicate a 700 point opening drop
Published Thu, Mar 5 202010:51 PM ESTUpdated Moments Ago
Eustance Huang
@EustanceHuang

[grupo] 06/3/2020 10:20

Pre-market data

Wall Street set to continue wild week as Dow futures point to a 550 point opening drop

Published Thu, Mar 5 202010:51 PM ESTUpdated Moments Ago

Eustance Huang
@EustanceHuang

Key Points

As of 5 a.m. ET Friday, Dow Jones Industrial Average pointed to an implied drop of more than 550 points at Friday’s open.

The yield on the benchmark 10-year Treasury continued to head lower after falling below 0.8%. It last traded at a historic low of 0.731%.

Treasury yields saw sharp declines this week and have continued to touch new record lows after the Federal Reserve announced an unexpected half percentage point cut from its benchmark interest rate.