Tullow Oil Share Discussion Threads

[rubberbullets] 11/2/2016 19:11

Oil price will recover to $100 unless there is further climate action, says BP
Feb 11, 2016
Annual report claims fossil fuels will still be providing 80 per cent of world's energy needs in 2035 without a policy shift


Spencer Platt/Getty Images
Page 1 of 41Oil price will recover to $100 unless there is further climate action, says BP
A global glut of oil will eventually be eroded by steadily increasing demand and its price will spike to $100 a barrel a number of times over the coming years, according to oil major BP.

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In its annual Energy Outlook report, the company presents a "base" case scenario that would mean fossil fuels, including oil, still accounting for 80 per cent of all the world's energy needs by 2035. As demand will have grown substantially, especially in emerging economies, this will require huge new extraction of oil and prices will be much higher than current levels.

Spencer Dale, BP’s chief economist, told The Guardian the oil price would return again - and more than once - to the $100 threshold from which it tumbled in its current protracted slump.

[o1dsmokie] 11/2/2016 18:35

ps he is poxed up too.

[o1dsmokie] 11/2/2016 18:21

Carla is a male and a brown hater called Karl , ignore

[carla1] 11/2/2016 18:18

Good Evening Fellow INVESTORS :-)

[spirito] 11/2/2016 16:26

Brent having a fight at $30

[simon8] 11/2/2016 15:58

filter her, its easy...she's a bore and does this across loads of shares....

[kevjones2] 11/2/2016 15:41

Is this thread moderated? If so, would the moderator mind removing the moron that is carla1, please.

[carla1] 11/2/2016 15:24

Collect your shares today....

£1.60p tomorrow !!

All ABOARD !!

[cat100] 11/2/2016 15:15

hxxp://sputniknews.com/business/20160210/1034526849/iran-oil-production.html

[paulbiya] 11/2/2016 15:14

Sorry 10000 at 146 not100000

[paulbiya] 11/2/2016 15:13

In at 141 for 4500 out at 149.4 in at 146 for 100000 now 153. Love the volatility less so the 13000 at 182p

[bakedbean57] 11/2/2016 15:05

Lvl 2 is ridiculous on the spread... Manipulation

[carla1] 11/2/2016 14:59

WOW.... £1.60 + here we come...

All ABOARD !!!

[panic investor] 11/2/2016 14:24

you mean 77 don't you :-)

[jovi1] 11/2/2016 14:19

149.99 is the time we go back down again?

[carla1] 11/2/2016 13:57

Look At the Daily CHART ... !!!

All Aboard about to go BLUE ...

[ny boy] 11/2/2016 13:40

Could be, best stick to multi nationals just added to my BP holdings 312p, hit a low of 308p which was the low back in Sep 1996 lol!!

[stevenrevell] 11/2/2016 13:35

Be bust soon

[dlku] 11/2/2016 13:19

PMO getting bought also

[jovi1] 11/2/2016 12:59

cat
for some is already at 15 with heavy stuff, but at this level or just below we will have a much better idea on what actually is good to sell and refine without mixing.
I suspect there is a lot of the rubbish stuff in USA and cannot be used unless taken to Asia.
I suspect we will see more discount on heavy stuff and poo (the usable stuff) hold and move on from here.
soon people will have to pay to have it removed and because the some is a bio-product of production this will slow if not stop production.
on the positive side if you buy WTI today you can only loose $26 if you short well how knows.
as oil goes down the 100$ a barrel come closer.
better lower now than later and for longer, just like going to the dentist.