Tullow Oil Share Discussion Threads

[maturo] 08/1/2020 16:07

Thanks Master

the chart explains many things
do they say " drawing is worth Thousands of words "

[stupmy] 08/1/2020 16:04

I find it very interesting. The Iranian strikes appear from press reports to have been amateur and appear to suggest that their military capacity is rather limited (or it was choreagaphed to save face). On the other hand they are threatening to upgrade their nuclear capabilities which would obviously lead to greater instability in the world (which the US don't want to see). It would seem easy for the US not to react and leave the world with the view that Iran is not a major threat to it's interests at the current time. But there is that question of an 80 million dollar reward for Trumps assassination if that was indeed real. No-one wants increased nucelarisation in the world and the US will want to prevent this, but they won't want to risk bringing Russia and China into a war. Fascinating stuff. Could be over, but something needs to be done from the point of view of foreign policy to try to align middle eastern and aspirations with those of Russia, China and the US and the interests of us all. Let's face it, we are all 'interested parties' here (I'm not talking about our investments, I'm talking our lives and those of people we know).

[master rsi] 08/1/2020 15:52

Oil prices spike, then fall sharply as worries over Iran missile strikes momentarily fade - Bloomberg
Traders see signs of de-escalation

Oil futures traded sharply lower Wednesday, reversing a spike higher in the wake of an Iranian missile attack on bases where U.S. troops were stationed in Iraq, on perceptions the assault could mark the end of the U.S.-Iran conflict rather than an escalation.

West Texas Intermediate crude for February delivery CLG20, -1.47% on the New York Mercantile Exchange fell $1.08, or 1.7%, to $61.62 a barrel, while March Brent crude BRNH20, -1.03% dropped 75 cents, or 1.1%, to 67.52 a barrel.

WTI jumped to $65.65 a barrel, its highest since late April, while Brent soared to $71.75 a barrel, the highest in more than three months, immediately after Iran launched attacks on two bases used by the U.S. in Iraq. Iran described the attacks as revenge for a U.S. drone strike in Iraq last week that killed Qassem Soleimani, a top Iranian military commander and sparked vows by Tehran to retaliate. No casualties were reported.

“The extent of the retaliatory attacks looks to have been limited, though the market will be watching keenly today for hints as to whether or not President Trump will step into a further cycle of escalation,” wrote analysts at JBC Energy, a Vienna-based consulting firm, in a note.

Trump late Tuesday treated that, “All is well” and was scheduled to deliver remarks at 11 a.m. Eastern on Wednesday. Iran’s foreign minister Javid Zarif, said via Twitter that Iran didn’t seek further escalation but would “defend ourselves against any aggression.” Iranian Supreme Leader Ayatollah Ali Khameini, however, vowed further retaliation for the killing of Soleimani and that Iran’s goal was to expel U.S. forces from the region, the Wall Street Journal reported.

“If Donald Trump suggests they will take immediate military action against Iran then oil prices could spike higher again, while a more conciliatory tone could be bad good news for risk assets and bad for oil,” said Fawad Razaqzada, market analyst at Forex.com. “So, crude oil will remain in focus as investors react to any further escalation in the U.S.-Iran spat.”

“In the short-term, the prospects of supply disruptions in the Middle East suggest prices could remain around current levels for a while,” he said. “But soon or later investors will realize that the plentiful non-OPEC supply will more than make up for any short-term disruptions in the Middle East.”

The American Petroleum Institute late Tuesday reported that U.S. crude inventories fell by 5.95 million barrels in the week ended Jan. 3, according to sources. The data from the industry trade group also showed gasoline inventories rose by 6.7 million barrels, while distillate stocks were up 6.4 million barrels, sources said.

The Energy Information Administration’s more closely followed figures are due Wednesday morning. Analysts surveyed by S&P Global Platts expect the figures to show crude stocks fell by 3.7 million barrels last week, while gasoline inventories are forecast to rise 4.5 million barrels and distillate stocks are seen up by 5 million barrels.

[florenceorbis] 08/1/2020 15:44

Master RSI
8 Jan '20 - 15:41 - 39386 of 39386
0 0 0
Florence

I did NOT tell you to put the CAPs on
but I do tell you to switch the "lights off" even if is "fluorescence"

silly boy shows how petty you are

just keep the subject at hand

and leave my failing eyesight out of it boyo

[master rsi] 08/1/2020 15:41

Florence

I did NOT tell you to put the CAPs on
but I do tell you to switch the "lights off" even if is "fluorescence"

[florenceorbis] 08/1/2020 15:28

Leoneobull
8 Jan '20 - 15:17 - 39384 of 39384
0 0 0
150p by June I reckon

WHY THIS TIME FRAME AND WHERE DO YOU GET THIS GUESS SCENERIO

OR IS IT YOUR SUPER OPTIMISTIC WISHFUL THINKING

Would it not have been better to wait until after mid jan to make such guesses

it needs to break thru many resistences befure getting any where near your targets and fill many gaps on the way

becareful or you will loose your creditibilty if you do not give back up and a time frame

[leoneobull] 08/1/2020 15:17

150p by June I reckon

[florenceorbis] 08/1/2020 15:16

NO NEWS GOOD NEWS

THUS NO NEED TO BLAH BLAH


Master RSI
8 Jan '20 - 15:12 - 39381 of 39381
0 0 0
Where is everyone?

Has everyone sold?

Or afraid of Captain telling you off?

[master rsi] 08/1/2020 15:15

    57.78p +0.48p

Oil price down but the stock is UP, after breaking up the early downtrend

[master rsi] 08/1/2020 15:12

Where is everyone?

         Has everyone sold?

                  Or afraid of Captain telling you off?

[wodahsnoom] 08/1/2020 11:28

Aye Aye Capt’n

[sentimentrules] 08/1/2020 11:17

Timberrrrrr

(one word - not even a line)

[sentimentrules] 08/1/2020 11:16

I would suggest one looks at how long Short Interest holders actually build and hold positions for... comparable to most buy side funds

I assume the 'contributed quality essays' you refer to, are the bullish, well thought out , ones?

SP has written all that off - with ease

[stupmy] 08/1/2020 11:15

Well that was a pile of senseless drivel Captain, thanks for that

[captain james t kirk] 08/1/2020 11:10

It would appear that this board has almost returned to "normal" following the invasion of the past few weeks. Before that disruptive event, it was a board full of very knowledgeable posters, who know their business, do their research and were prepared to share their findings with like minded individuals.
It was never a short term trader's board and not surprisingly the long termers have stopped posting because it became a waste of their time and knowledge.
No names, no pack drill but in everyhone's interests, let the board function normally and those of a more one liner, short term trading disposition, show some respect to those that have contributed quality rather than quantity to this thread.

[sentimentrules] 08/1/2020 11:06

4 body bags more like

[stupmy] 08/1/2020 09:29

Not sure they did Leoneobull, but we'll see. Trading and Operational update Jan 15th. I don't think it will be materially different from what we've heard. I guess there is room for upside surprise but I'm not expecting it. Full year results Feb 12th and the outcome of their operational review in Feb also (maybe bundled together, maybe not). The results of the review, clarity on Guyana and clarity on the expeditious ousting of the CEO/explorations officer might provide some sort of end to the recent débacle.

[leoneobull] 08/1/2020 09:18

Tlw results 15th. As they kitchen sinked before I'm hopeful market will react favourably

[sentimentrules] 08/1/2020 09:07

Iran miss deliberatly ?

Cowardly but smart at same time

Would have Been their annihilation

[sentimentrules] 08/1/2020 00:20

40 mins i think

I just track wti. Get better hours when events allow too

[sbb1x] 08/1/2020 00:12

How long until brent starts trading?