Tullow Oil Share Discussion Threads

[sentimentrules] 12/1/2020 16:29

And lets be honest, if it hits 80, you are going to invest in proven fields etc bp and so on

no point punting the commodity rise when you can simply get safe return from it

[sentimentrules] 12/1/2020 16:24

of course - but opec actions etc have not really suggested it

[grupo guitarlumber] 12/1/2020 16:17

auson1
12 Jan '20 - 16:10 - 39691 of 39691
0 0 0
SentimentRules,

Saudis need $80 to balance their budget, their reserves are not open to independent audit ! Like Russia they say one thing and do another. Shale has $40b in debt which it has not been paying off at recent oil prices. Dollars are becoming worth less and less, the Petro-Dollar is being challenged.




they say one thing and do another


just like uncle sam tom cobbley and every other country

[auson1] 12/1/2020 16:10

SentimentRules,

Saudis need $80 to balance their budget, their reserves are not open to independent audit ! Like Russia they say one thing and do another. Shale has $40b in debt which it has not been paying off at recent oil prices. Dollars are becoming worth less and less, the Petro-Dollar is being challenged.

[sentimentrules] 11/1/2020 21:42

Problem with 'letting a spike hold', is that it suddenly makes alternatives a much better value. Wouldn't really suit majors.

They are happy to sell a steady 50 wti pb. Get a decade etc out of resources

Saudis would even be happy to do 40 pb, rather than cut supply and end up with future fields of worthless black stuff

[maturo] 11/1/2020 18:17

Any of those issues should be clarified on Wednesday for many to be happy holding.

Uganda farm out update
Ghana gas off take improvements
Guyana drilling program for 2020
Proposed asset sales of non core assets.
Increased H1 2020 hedges after recent spike in oil
Update on CEO recruitment

[sentimentrules] 11/1/2020 17:39

Spoke to a guy who works for a major name

He said

" when it comes to executing the money on sell/buy side - we do not depend on fundamentals. We use those to get clients (sales speel)!

haha

[sentimentrules] 11/1/2020 17:38

Charts are what follow the fundamentals

Fundamentals are subjective ie everyone concludes differently. Charts are simply a method to see what the market thinks of your fundamental analysis - ie agrees or does not - and, when it does etc

Its no good to me if i fundamentally believe crude should rise - still lose if market is against my view

With regards to charts and tealeafs, i hope you do not put money into blackrock, goldman sachs etc...you will be very disappointed if you have -

'tea leafs everywhere'

[auson1] 11/1/2020 17:34

SentimentRules,

Oh a chartist. I sometimes look at the tea leaves too. Either way the price of Brent isn't really the play here next week. But I expect it to head back up a few bucks.

[sentimentrules] 11/1/2020 16:59

Crude prices are being capped imo

for the majors

[sentimentrules] 11/1/2020 16:45

go back to wti 2015 pricing

now you basically have a triple top zone thats currently failing to hold a break out of it for the 3rd time

3rd time important

either 100 bucks or 30...little inbetween

your money,your call lol

election year and markets etc - wont rally this new marketplace

[sentimentrules] 11/1/2020 16:40

Some will be bullish simply on three months down and 3rd up into january and all sorts like that of course

wrong though

[sentimentrules] 11/1/2020 16:38

News spiked WTI from 6117

That news becoming null placed it sub 60

Basically a 9 month range - top end

ANd the sell side is stronger at it

[auson1] 11/1/2020 16:37

Obviously you're currently wrong old chap.

[sentimentrules] 11/1/2020 16:34

Crude? Obviously bearish

[auson1] 11/1/2020 16:31

If you mean obviously bullish then nyairs.

[auson1] 11/1/2020 16:27

Where are those oil futures contract numbers you said you would post ?

[auson1] 11/1/2020 16:26

SentimentRules,

[leoneobull] 11/1/2020 16:21

sankeysPosts: 5,227Price: 59.00No OpinionTrading updateToday 16:12Looking for,Uganda farm out updateGhana gas off take improvementsGuyana drilling program for 2020Proposed asset sales of non core assets.Increased H1 2020 hedges after recent spike in oilUpdate on CEO recruitmentWe need those top four to be positive, evidence at moment suggest they will, it's whether they are looking to spin a positive story or are still in behind sand bags mode.

[grupo] 11/1/2020 16:20

ping pong it is

i will suggest we await the pong signal

but alas not many of those at the moment

for this share or many others

[sentimentrules] 11/1/2020 16:14

Last Call says ping pong