Jump to content
Sign in to follow this  

Recommended Posts

'Brent could head back to $80 a barrel'
The rise in Brent crude prices through $75 a barrel along with a positive broker note on BP from Goldman has seen the oil and gas sector continue to lead the recent gains. According to the note BP is on the cusp of delivering one of the strongest pipelines of new oil and gas projects this year. With the share price back near its highest levels this year a lot of this good news may already be priced in, however if oil prices do head back towards $80 a barrel as seems probable then we could see further gains in the coming weeks.

Michael Hewson
Chief analyst, CMC Markets

Share this post


Link to post
Share on other sites

Good stuff, time to hire a maid again .....

Share this post


Link to post
Share on other sites

1. Macron tells Trump he has a copy of the Russian hooker pissing video.

2.  Trump has a ‘rethink’ on the Iran deal.

3.  Price of Brent crude drops to $40 a barrel, not before some ‘in the know folk’ have made a killing.

 

You heard it here first folks.

 

 

Share this post


Link to post
Share on other sites
22 hours ago, Romeo said:

3 Audi's in every driveway in Aberdeen again.

I've got a Honda.

Mind you, next door have a Range Rover and a merc,

Share this post


Link to post
Share on other sites
6 hours ago, Suspect Device said:

I've got a Honda.

Mind you, next door have a Range Rover and a merc,

Must be noisy living next door to a car showroom.

 

Share this post


Link to post
Share on other sites
On 4/24/2018 at 03:06, Dindeleux said:

IMG_1856.jpg

If this is about her getting oiled up then I'm all in.
 

Share this post


Link to post
Share on other sites

Shell is doing ok - 

Royal Dutch Shell has reported a 42% rise in profits (measured as net income attributable to shareholders based on current cost of supplies).

The $5.3bn reported profit was higher than analysts had predicted.

Chief Executive Ben van Beurden put the good numbers down at least in part to the oil price, which is at a three year peak of $75 a barrel.

Share this post


Link to post
Share on other sites

Yes supporters will see this rise in price as a good thing as it adds to the economic argument for independence. But oil is volatile – and while I'm sure you won't see BBC Scotland headlines saying the oil price is soaring, I'm willing to bet they'll appear when the price drops again.

Share this post


Link to post
Share on other sites
Yes supporters will see this rise in price as a good thing as it adds to the economic argument for independence. But oil is volatile – and while I'm sure you won't see BBC Scotland headlines saying the oil price is soaring, I'm willing to bet they'll appear when the price drops again.


Maybe everybody can just acknowledge that prices can go both up and down.

Share this post


Link to post
Share on other sites


Maybe everybody can just acknowledge that prices can go both up and down.
If only the UK government acknowledged it years ago we might actually be cushioned from any fluctuations in oil price.

Share this post


Link to post
Share on other sites

I wonder if an independent Scotland would benefit as a whole from higher oil prices, given the impact on transportation costs etc. ?

Share this post


Link to post
Share on other sites
1 hour ago, Blue Brazil Forever said:

Maybe they should reconsider the Ban (sorry moratorium ) on fracking. Only saying like.

Why?  What new evidence has come to light?

Share this post


Link to post
Share on other sites
I wonder if an independent Scotland would benefit as a whole from higher oil prices, given the impact on transportation costs etc. ?


What do transportation costs have to do with anything? The petrol stations nearest the Grangemouth refineries have the highest priced fuel in central Scotland

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

×