Tullow Oil Share Discussion Threads

[cool hand kev] 13/4/2020 00:33

I've just seen the cuts on the news

[spec7] 13/4/2020 00:30

The thing is TLW has dropped 90% in 5 months so how much of this oil price crash is already built in and who will recover the quickest.
The real bummer is petrol so cheap and we cant use the car :-)

[sbb1x] 13/4/2020 00:06

The amazing blue skies since the lockdown. Less pollution, the labour mayor will be happy.They will probably put fees up to drive into london because all the lost revenue

[sbb1x] 13/4/2020 00:02

I shared that on Twitter this morning, dow should reach new 52 week lows.

[smartie6] 12/4/2020 23:57

Coupled with earning season reports the negative move is in.

[sbb1x] 12/4/2020 23:49

If these oil cuts didn't happen unemployment in America would have gone to 30% can you believe it.Mr Trump has pulled off amazing deal but it's not enough.Then the dominoes would have fallenAmerica Russia UK and Europe Then china.Big chance to save the world economies, but they need to cut taxesInterest rates are at record lows so no fire power, all they can do is cut taxes, taxes,taxes.They need to keep the money moving.Watch out for bank runs people!Remember bail outs for banks, everyone needs to read up on bail ins!

[smartie6] 12/4/2020 23:45

Absolutely identical.
Posted on metro this morning that the Dow should hit 17000 by 5th May. Deep recession and by 2024 under 6000.
Just need the free fall to start.

[cumnor] 12/4/2020 23:45

I see the usual (filtered) dolts are out tonight. Clearly they have a lot to live for.

[sbb1x] 12/4/2020 23:42

Lots of charts on twitter comparing current situation with2008 and 1929They look identical.

[smartie6] 12/4/2020 23:38

Major fall down across the board.
1929 here we come.

[hermanngoring] 12/4/2020 23:36

Oil futures tanking

[sbb1x] 12/4/2020 23:34

There is a reason this is the biggest oil cuts in history!JP Morgan Now Sees 40% Plunge In GDP, Unemployment Surge To 20% https://t.co/FDN7RQml1EThis is what we are up againstThe cut for 24 months tells me they expect current situation to be worse than 2008/2009.

[iamgreat1] 12/4/2020 23:16

Us crude down 6%

[viku111] 12/4/2020 23:13

The only way is up eventually

[spec7] 12/4/2020 22:44

Russia agreeing to cut production and it actually cutting production are two quite different things but at least its a move in the right direction.

[tidy 2] 12/4/2020 22:40

In the biggest oil output cut ever, the countries will keep gradually decreasing curbs on production in place for two years until April 2022.OPEC+ has said it wanted producers outside the group, such as the United States, Canada, Brazil and Norway, to cut a further 5% or 5 million bpd.Three OPEC+ sources said effective oil output cuts could be close to 20 million bpd. if contributions from non-members, steeper voluntary cuts by some OPEC+ members and strategic stocks purchases were taken into account.Gulf members of the Organization of the Petroleum Exporting Countries would be cutting output more steeply than agreed, OPEC+ sources said. The sources said the International Energy Agency (IEA) would announce purchases into stocks by its members on Monday.The IEA did not immediately respond to a request for comment.SEVERE DISTRESSTrump had threatened OPEC leader Saudi Arabia with oil tariffs and other measures if it did not fix the market's oversupply problem as low prices have put the U.S. oil industry, the world's largest, in severe distress.Canada and Norway had signalled willingness to cut and the United States, where legislation makes it hard to act in tandem with cartels such as OPEC, said its output would fall steeply by itself this year due to low prices.

[tidy 2] 12/4/2020 22:37

Three OPEC+ sources said effective oil output cuts could be close to 20 million bpd. if contributions from non-members, steeper voluntary cuts by some OPEC+ members and strategic stocks purchases were taken into account. theglobeandmail.com/business/inter...

[tidy 2] 12/4/2020 22:35

19-20m bpd cuts to be announced tomorrowToday 22:02This announcement will be made tomorrow #OOTTThe total cut between opec plus and the G20 and buying from the IEA will be 19-20 million bpd- sources #OOTT

[teamwork1] 12/4/2020 20:46

I think oil will be up 35$

[smartie6] 12/4/2020 20:15

They weren't my dolls. The pretty pink ones were yours. You've never forgiven me.

[ronwilkes123] 12/4/2020 20:08

Stop printing Carole baskin pictures out and putting them on your dolls

[smartie6] 12/4/2020 20:07

Dad, stop spreading your sheeeeeeeet. I've had it all my life.