Tullow Oil Share Discussion Threads

[crazi] 14/2/2022 10:52

Bought back in this morning on the dip...



Fuel prices have hit a new record high at the pump across the UK, tightening the squeeze on UK consumers, the motoring organisation the AA has said.

Over the weekend petrol reached 148.02p a litre, while diesel hit a new record high of 151.57p a litre last Thursday.

[waldron] 14/2/2022 07:34

Markets

European stocks set to pull back, with Ukraine crisis and Fed remarks in focus

Published Mon, Feb 14 20222:10 AM EST

Elliot Smith
@ElliotSmithCNBC


Key Points

U.S. President Joe Biden’s national security advisor Jake Sullivan warned on Sunday that the Kremlin has accelerated its extraordinary military buildup along the country’s border over the past 10 days.

Global markets have been in turmoil since a surprisingly high U.S. inflation print last week, which prompted concerns that the Federal Reserve could hike interest rates faster than previously expected.

LONDON — European markets are set to pull back sharply on Monday as investors continue to track tensions in Ukraine and remarks from U.S. Federal Reserve officials about the interest rate outlook.

Britain’s FTSE 100 is seen around 55 points lower at 7,606, Germany’s DAX is expected to fall around 279 points to 15,146 and France’s CAC 40 is set to slide around 128 points to 6,884, according to IG data.

[waldron] 14/2/2022 07:22

EMEA Morning Briefing: Stocks to Fall Amid Russia, Ukraine Tensions, Oil Rises
14 February 2022 - 06:47AM
Dow Jones News

[pollysmate] 11/2/2022 21:03

Should see some blue monday

[grafter] 11/2/2022 14:00

'I think if there was an invasion of Ukraine and there were to be sanctions which impeded either Russia's access to foreign exchange mechanism's messaging systems and so on, or which prevented them from exporting their commodities, I think at that point in time you would most certainly see oil prices at $120 (a barrel),' Roche told CNBC this week -

Russia is one of the producers struggling to boost production, but forecasters are noting this may change later in the year. In the current supply context, handling the Ukraine situation without causing a global commodity-fueled economic crisis becomes even trickier.

[kulvinder] 11/2/2022 12:36

Amazing if Moody's had said unstable, this would have halfed, yet when they say TLW is rated as Stable, nothing happens to the share price?

[maywillow] 11/2/2022 09:33

OPEC Supply Struggles Risk Heightening Oil Market Volatility, IEA Warns
11 February 2022 - 09:29AM
Dow Jones News


By Will Horner



Chronic oil supply issues among a group of major producing nations threaten to heighten tightness and volatility in the energy market and push prices higher still, the International Energy Agency said Friday.

Failures by members of the Organization of the Petroleum Exporting Countries and their allies to meet pledges to raise supply have helped propel oil prices to their highest level since 2014, the Paris-based agency said in its monthly market report. There were signs that the shortfall was worsening, likely exacerbating tightness in an already stretched market, the IEA said.

The cartel, led by major producer Saudi Arabia, and an allied group of producers including Russia, have been increasing their supply in small, steady increments, part of efforts to chase robust increases in oil demand and drawdown stockpiles that built during the height of the Covid-19 pandemic.

The alliance, known collectively as OPEC+, has come under increasing pressure from oil-consuming countries to step up efforts to hike supply, as demand has proved stronger than expected and some members of the cartel have been unable to meet their targets due to aging oil infrastructure following years of underinvestment.

At their latest meeting last week, the alliance, known collectively as OPEC+, said they would stick to their moderate, planned increases in output of 400,000 barrels a day in March.

"Chronic underperformance by OPEC+ in meeting its output targets and rising geopolitical tensions have propelled oil prices higher," the IEA said in its report. "If the persistent gap between OPEC+ output and its target levels continues, supply tensions will rise, increasing the likelihood of more volatility and upward pressure on prices."



Write to Will Horner at [e-mail]



(END) Dow Jones Newswires

February 11, 2022 04:14 ET (09:14 GMT)

[maywillow] 11/2/2022 08:20

Tullow Oil plc -- Moody's affirms Tullow Oil's ratings; stable outlook

Thu, February 10, 2022, 5:38 PM

[maywillow] 11/2/2022 08:13

mccracken227
11 Feb '22 - 07:57 - 56799 of 56799
0 1 0
Moos,s affirm Tullow stable

[mccracken227] 11/2/2022 07:57

Moos,s affirm Tullow stablehTTps://finance.yahoo.com/news/tullow-oil-plc-moodys-affirms-163806122.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvLnVrLw&guce_referrer_sig=AQAAANFQCweCqX84HWtgHpxTOv_7ODIvoQvXyMSMi9r6R5Z7PDrrtpcAwgCvv1vdXDkPLscNr5-vViKmfX0QV9FZ4ZDTl9EEg0z9BqlIr1ap6E93DYNy06e7ao3IRVLONh4RHLEZOU19chRed1rnPVpKDdf_pIxN3IXYi1l2A0GtcCRg

[waldron] 11/2/2022 07:18

European stocks set to slide after red hot U.S. inflation print, hawkish Fed comments

Published Fri, Feb 11 20222:01 AM EST

Elliot Smith
@ElliotSmithCNBC


Key Points

U.S. inflation came in at an annual 7.5% in January, fresh data revealed on Thursday, far ahead of expectations and marking the highest year-on-year rise in consumer prices since 1982.

Risk sentiment was then further dampened when St. Louis Fed President James Bullard acknowledged that the reading had rendered him “dramatically” more hawkish.

LONDON — European markets are set to fall on Friday after a hotter-than-expected U.S. inflation print and hawkish remarks from a Federal Reserve official cemented expectations of more aggressive interest rate hikes.

Britain’s FTSE 100 is seen around 76 points lower at 7,596, Germany’s DAX is set to slide around 176 points to 15,314 and France’s CAC 40 is expected to fall by around 87 points to 7,015, according to IG data.

[kulvinder] 10/2/2022 15:22

This needs a rocket, or some big boncey big T*TS...to make it stand to attension.

[the grumpy old men] 10/2/2022 13:29

Oil Stocks Slump as Global Demand Remains Robust, OPEC Says
10 February 2022 - 01:14PM
Dow Jones News


By Will Horner


Stockpiles of oil in the largest consuming nations slumped in December, tightening an already stretched global energy market, as the supply of crude continues to lag behind robustly rising global demand, the Organization of the Petroleum Exporting Countries said Thursday.

Commercial oil inventories in the wealthier nations that make up the Organisation for Economic Co-operation and Development dropped by 31.2 million barrels in December from the previous month to 2.72 billion barrels, the oil producers group said in its closely watched monthly report.

That leaves stocks 311 million barrels lower than in December 2020 and 210 million barrels below the five-year average, a drawdown that has resulted from flagging global output and has helped push oil prices to their highest level since late 2014.

Fears that the Omicron variant of Covid-19 would weigh on global economic growth have largely failed to materialize, keeping demand for oil buoyant.

OPEC raised its forecasts for economic growth last year to 5.6%, from an earlier estimate of 5.5%. Economic strength has been most evident in the U.S., the cartel said, raising its forecasts for U.S. economic growth in 2021 to 5.7% from 5.5%.

OPEC also raised its forecast for global oil demand growth last year by 17,000 barrels a day, to 5.7 million barrels a day.

Facing increasing pressure from major consuming nations such as the U.S. over rapidly rising oil prices, OPEC, along with a group of allied oil-producing nations, has pledged to gradually increase its output. However, the alliance, known as OPEC+, has struggled in recent months to keep pace with their own targets.

Highlighting the tightness in the oil market, the U.S. Energy Department said Wednesday that U.S. oil inventories slumped by 4.8 million barrels in the week to Friday to around 410 million barrels, the lowest level for commercial oil stocks since October 2018.

That sharp fall caught analysts off guard, with most forecasting a rise in stocks. At the same time, the energy department said a gauge of demand peaked at an all-time record level in the past four weeks.

There is a potential curveball for the energy market, however: talks seeking to revive the 2015 Iran nuclear deal, which resumed in Vienna on Tuesday. U.S. and Iranian officials have said an agreement could be within reach, something which could see sanctions on Iran lifted, and Iranian oil flood back into the market.



Write to Will Horner at [e-mail]



(END) Dow Jones Newswires

February 10, 2022 07:59 ET (12:59 GMT)

[waldron] 10/2/2022 06:20

European stocks set to open flat as global markets await key U.S. inflation data

Published Thu, Feb 10 202212:55 AM EST

Holly Ellyatt
@HollyEllyatt
cnbc

Key Points

European stocks are expected to open around the flatline on Thursday as global investors are awaiting the latest reading of U.S. inflation.

The U.K.’s FTSE index is seen opening 5 points lower at 7,637, Germany’s DAX up 9 points at 15,480, France’s CAC 40 up 18 points at 7,142 and Italy’s FTSE MIB down 1 point at 27,103, according to data from IG.

[badger36] 09/2/2022 11:24

Airline stock rising and oil stock down Inverted reality

[mrthomas] 09/2/2022 07:39

am very surprised that at these prices with oil TWL is still not above say 58.

[waldron] 09/2/2022 06:21

European markets head for buoyant open ahead of U.S. inflation data

Published Wed, Feb 9 202212:26 AM EST

Holly Ellyatt
@HollyEllyatt
CNBC

Key Points

European stocks are expected to open in positive territory on Wednesday as investors await key U.S. inflation data due to be released Thursday.

The U.K.’s FTSE index is seen opening 58 points higher at 7,615, Germany’s DAX 102 points higher at 15,338, France’s CAC 40 up 48 points at 7,071 and Italy’s FTSE MIB 180 points higher at 26,586, according to data from IG.

[fizzmiss] 08/2/2022 19:21

Tuesday, February 08, 2022

Whilst last week’s market narrative was overwhelmingly driven by the current tightness in both crude and products markets, the return of Iranian barrels has become the main talking point this week. With negotiations having restarted in Vienna today, media utterances seem to suggest there might not be any further rounds of talks - the draft text of the nuclear covenant is reportedly ready and it is only the deal guarantees that are left to be ironed out. Sensing the prospect of some 1.5 million b/d of Iranian barrels hitting the market (legally) after a hiatus more than three years long, oil prices have subsided somewhat, with Brent futures trading slightly above $90 per barrel and WTI dropping back to around $89 per barrel.

US Restores Iran Nuclear Waivers. Just as the 9th round of Vienna talks on the restoration of the Iranian nuclear deal has started today, the US administration reintroduced sanctions waivers that enable foreign firms to work with Iran’s civilian nuclear installations, perhaps a harbinger of a diplomatic breakthrough coming soon.

If so then expect oil around $75-$80 very soon, so with the corrupt share price manipulation by the MM who cook the books, I can see TLW at 40p again. IMHO

Cash is king for the moment.

[fizzmiss] 08/2/2022 16:13

And just to confirm my factual posts, lower average TLW compared to higher average oil..


Corrupt Share price manipulation by the scum sewer rat shorters at its most blatant.

FSA? ARF ARF ARF!

Oil goes up $35, TLW hard moves, Oil falls $3 and TLW crashes. dear oh dear.

TLW must be the most corrupt share price on the worlds markets.