Tullow Oil Share Discussion Threads

[runwaypaul] 20/7/2017 10:38

cheers. look forward to it. gl

[fuji99] 20/7/2017 10:35

Yes, half year results and possibly some positive announcements by the new CEO. Financial and structural improvements.

[runwaypaul] 20/7/2017 10:34

half year results?

[runwaypaul] 20/7/2017 10:31

what the big deal about 26th july?

[fuji99] 20/7/2017 10:27

Volumes are always decent on a daily basis. This shows the interest this company attracts. 26 July will be the start for TLW.

[ifthecapfits] 20/7/2017 07:59

Up day today then?

[larva] 19/7/2017 20:58

Oil prices climbed to a six-week high Wednesday after a U.S. government report showed sharp drawdowns in oil and fuel stockpiles.

[ifthecapfits] 19/7/2017 16:41

lol - volsung. naughty, naughty.

[fuji99] 19/7/2017 16:40

IMO 26th of July will be the end of the downturn for TLW.

[volsung] 19/7/2017 16:26

Anyone like the fake taxi vids on xvideo? They're interesting to look at while watching money ebb and flow. Some of the girls are a bit rough though. The 'taxi driver' doesn't seem to mind.

[ifthecapfits] 19/7/2017 16:24

...."Venezuela’s roughly 2 mb/d of oil production hangs in the balance, which, if lost in some sort of sudden calamity, would certainly send oil prices sharply up."

[mreasygoing] 19/7/2017 16:07

Huge discrepancy with the API figures last night. The rebalancing continues.

[phowdo] 19/7/2017 15:33

Big draws.

Crude: -4.727M
Cushing: -0.023M
Gasoline: -4.445M
Distillates: -2.137M
Imports: 0.576M

[fuji99] 19/7/2017 15:27

ifthecapfits - US Shale is already expensive as are solar and wind/wave energies.
So why to explore something expensive if cheaper oil is available ? So reverting massively to oil will trigger a lack of it. For Shale, it has loads of contamination issues and the world needs one single publicised incident to freeze it at once.

[ifthecapfits] 19/7/2017 14:52

I agree, but will obviously take time to play out. Xmas seems a bit early - but the logic seems sound. What of US Shale?

[fuji99] 19/7/2017 14:47

When cost cut is across the globe, the renewable energies & shale become too expensive. If oil is cheap then better to us it until there is nothing left ... So the scenario is real and by Xmas it will be seen in practice. Even the saoudis are cutting billions in exploration so what is next ? Oil to go up.

[ifthecapfits] 19/7/2017 14:37

Hope you are right...

[fuji99] 19/7/2017 14:32

There will be an unsustainable bottle neck in the availability of oil by Xmas.
All explorers have cut drilling plans by sometimes more than 50% to save cash.
IMO, it is time to accumulate oil stocks as the demand will come suddenly with no possibility to satisfy it quickly. China is already growing better than expected. India is also doing well with Brazil starting to wake up. With uncertainty in the middle east/Qatar etc., oil will have a brighter future. For majors, the quickest way to catch up to satisfy demand is to take over the likes of TLW, positioned in a pretty stable areas in the world. I would rather worry about uncertainties in the middle east.

[phowdo] 19/7/2017 13:45

Crude is flat or even up slightly since API numbers last night.
Very low volumes here and PMO so both can be shifted around fairly easily...

[mcsean2164] 19/7/2017 13:40

Orient,

Probably API build.

[mreasygoing] 19/7/2017 13:26

When these start to let rip, they really fly. I'm nicely positioned for that now.

[ifthecapfits] 19/7/2017 13:10

Looks like sector as a whole is down. Good for a bounce from here IMV.

[0rient] 19/7/2017 13:05

Do we know why the likes of TLW & PMO down over 4% today?

[mreasygoing] 19/7/2017 13:04

Added a few more to my holding. Looks like a lovely 'w' bottom forming.

[mariopeter] 18/7/2017 17:49

That should do it with caps on Libya and Nigeria. Any slip ups in supply anywhere in the world will send oil speeding north. Venezuela, Nigeria Libya and Qatar seem to be in a bit of difficulty.