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colin.mcd373 20 Jun 2019

Brent Crude Up 4.48% at $64.59 a Barrel At the AGM Stobie confirmed the price received for Lancaster crude is ‘approximately’ at spot. It becomes BP property as soon as it leaves the AM. So the price will be ‘approximately’ last weeks Brent Crude price. That was my understanding anyway.

Flossoffa 20 Jun 2019

IRAN (again) riverside_red: Only a few years since a US patrol boat got its self lost Not quite; back then, the crew got the boat lost; but if you discount the ground or sea basedpilot' who programmed and/or controlled the drone, your judgement is correct this time; it truly wasthe drone’ that just happened to stray off course (of course) and over a perfectly innocent part of Iran that the Iranians thought was valuable enough to defend with missiles. I wonder if the Pentagon has put into effect haptic feedback for drone controllers? It would be rather wonderful for the control room (with its rows of terminals and uniformed operators) to be startled by a huge bang and scream as the guilty operator’s chair Flollapses

carliol 20 Jun 2019

Brent Crude Up 4.48% at $64.59 a Barrel Good Afternoon Everyone, At the time of writing looks as if the U S drone shot down by Iran has caused the price of Brent Crude to increase by 4.48% to $64.59 a barrel. The dialogue between the Ayatollahs and the Donald appear to be intensifying. The sanctions put in place by the U S have aggravated Iran into sabre rattling in a region already being destabilised by the Iranians through various proxy and clandestine forces which appear to be funded by the Iranians. I wonder how hard hit Iran will be with these sanctions. Will oil importing countries such as China and India take any notice of these sanctions? Will Putin try to pour oil onto troubled waters as Russia benefits as the price of oil increases? BBC News Trump: Iran made 'big mistake' in downing US drone It was brought down over the Strait of Hormuz, amid soaring tensions between the US and Iran. It would be interesting to find out how much the first shipment of Lancaster oil was sold for. Carliol

riverside_red 20 Jun 2019

IRAN (again) Not been known for their navigation skills. Only a few years since a US patrol boat got its self lost and the crew captured. The US claimed they were in the right on that occasion, odd that they should then discipline members of the crew.

Flossoffa 20 Jun 2019

IRAN (again) Flossoffa: Houthis have received arms from Iran. And they seem to be using them quite effectively. Modern warfare seems to be more humane than formerly. These days you get your drones and missiles to slug it out. Interestingly, it is quite likely that the cost of the drones and the opposing missiles used in a campaign are pretty similar, so rather than the `best man winning’, it is the wealthiest, (but that has almost always been the case, anyway). U.S. military officials insist that the American drone was flying through international airspace over the Strait of Hormuz. (Presumably just enjoying the peaceful atmosphere) But Iran’s state media, which was the first to report on the incident, said that the drone was only brought down “after the aircraft violated Iranian airspace,” near the Kuhmobarak village in Iran’s Hormozgan Flovince.

Flossoffa 20 Jun 2019

IRAN (again) dbatey22: Floss definitely works for MI5 That is beyond debatey, way beFlond

riverside_red 20 Jun 2019

Post foil It may not be all “on-spec” and therefore combined with my earlier post about early cargoes being sold at a discount, will not give an accurate figure for revenue. Especially for some on this but mainly the other boards who regularly make 1+1 =3.

Albi1 19 Jun 2019

IRAN (again) rofl: I feel our secrets will be very safe for a day or so!

Albi1 19 Jun 2019

Post foil Hi Carliol Agree with Ash that’s probably the main reason, given we’re looking at averages over time and the numbers could go up and down for all we know over the next months of performance analysis. CMD is going to be interesting though.

ash6666 19 Jun 2019

Post foil There are some cunning investors on the forums

carliol 19 Jun 2019

Post foil Hello Ash, I can see where you’re coming from with the first cargo of oil being a one off with the possibility that further shipments will not be so prolific. However, if the size of the oil cargo is readily available when the captain of the A M notifies the refinery, surely the size of the cargo would be better coming from Dr Trice rather than some sharp eyed investor getting the info on the captain’s report to the refinery. Or perhaps, Dr Trice has overlooked the captain’s communications with the refinery as a source of info for the investor. Carliol

ash6666 19 Jun 2019

Post foil It may be atypical of what they would produce long term and hence misleading.

ash6666 19 Jun 2019

IRAN (again) Good comment Did you have to insert it or was it an attachment?

dbatey22 19 Jun 2019

IRAN (again) Floss definitely works for MI5, how else would they know whether a “suppository” is a mistake! That is somewhat personal information that only a spy could know!

ash6666 19 Jun 2019

IRAN (again) If anyone was asked if they were in MI5 they would reply, “no”……….

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