Shaikan Payment Update I expected around a $20m joint payment so it’s inline with my expectations
Opening Prices FTSE100 . . . 7,286.01 . (-95.95) . (-1.30%) Brent Crude . . . $56.79 . (-0.99) . (-1.73%) GKP . . . 50,437 @ 185.6p . . . . . . . . . . . . . . . . . . . . . . . . FTSE100 . . . 7,313.29 . (+27.28) . (+0.37%) Brent Crude . . . $56.13 . (-0.49) . (-0.87%) . . . (15mins delayed) OP . . . 15 @ 185p 5,000 @ 181p. 10,000 @ 179, 178, 174 & 174p and 15,000 @ 168p = 60,000 15,000 @ 191, 192p, 2 x 15,000 @ 197p, 4,263 @ 193p, 25,000 @ 204p, 40,000 @ 210p, 60,000 @ 230p and 12,000 @ 249p = 201,263 Book at c. 8.03am 161,574----268,982 31----38 Screencast.com 2020-02-03_0800 Shared from Screencast.com
Shaikan Payment Update RNS - Shaikan Payment Update Gulf Keystone confirms that a gross payment of $20.1 million ($15.8 million net to GKP) has been received from the Kurdistan Regional Government for Shaikan crude oil sales during September 2019. This is a lot less than expected!? Best Regards @ValueSeeker8
Turkey's Power Grab OilPrice.com Turkey’s Unauthorized Gas Drilling Could Have Serious Consequences |... As concern over Turkish President Erdogan’s power grabs in contested waters continues to grow, the European Union is rumored to be preparing retaliatory measures
Turkey's Power Grab OilPrice.com Turkey’s Latest Power Grab Has Europe On Edge | OilPrice.com Turkey is making some serious moves in the Mediterranean and Northern Africa, and Europe is struggling to find a solution that works for all parties
Transactions in Own Shares RNS - Transaction in Own Shares Best Regards @ValueSeeker8
Closing Prices Close . . . . 189.80 Open . . . . 189.00 High . . . . .192.20 . . . 08.00.18 . . OT Low . . . . . 188.40 . . . 10.11.14 . . AT Mid Auc . . No UT LSE Vols . . . . 388,919 . . 119 trades AT trades . . . 85 . . . 71.43% OT trades . . . 34 CP . . . 50,437 @ 185.6p FTSE100 . . . 7,286.01 . (-95.95) . (-1.30%) Brent Crude . . . $56.79 . (-0.99) . (-1.73%) . . . (15mins delayed)
OPEC aims to extend oil output cuts through June, alarmed by China virus Given the Climate Change issue, the last thing we can afford is for oil to get very much cheaper. Frog in a tree
OPEC aims to extend oil output cuts through June, alarmed by China virus OPEC curbs, supply risks to buoy oil prices in 2020 - Reuters poll By K. Sathya Narayanan (Reuters) - Oil prices will remain supported near current levels this year as persistent geo-political risks and OPEC-led output curbs help offset growing supply from other producers, a Reuters poll showed on Friday. The survey of 50 economists and analysts, mainly conducted before the coronavirus outbreak, forecast benchmark Brent crude (LCOc1) to average $63.48 per barrel in 2020. That compares with an average of $63.76 so far this year and last month’s forecast of $63.07. The 2020 outlook for West Texas Intermediate (CLc1) rose to $58.22 a barrel from December’s $57.70 forecast. (Graphic: OPEC output versus oil prices - [link] Oil prices surged earlier this month after a U.S. drone strike killed a top Iranian commander, but the rally was short-lived. “Heightened tensions in the Middle East will keep upward pressure on prices, as the risk that U.S. and Iran could accidentally enter into a direct military conflict persists.†Economist Intelligence Unit analyst Cailin Birch said. Prices are now near their lowest since October however, on fears that the coronavirus epidemic might hit global growth and oil demand, but further downside should be capped by lower output from the Organization of Petroleum Exporting Countries (OPEC). [O/R] “OPEC will come close to balancing the market in 2020 and their deeper than expected cuts will provide a layer of support as oil markets remain fixated on the recent output increase with non-OPEC producers,†OANDA analyst Edward Moya said. Most poll respondents expect OPEC and its allies led by Russia, a grouping known as OPEC+, to extend their agreement to limit supply beyond the currently agreed end date at the end of March. “The group will be forced to maintain the current cuts at least up to end-year as non-OPEC growth will probably grow quicker than global demand in 2020,†Intesa Sanpaolo (MI:ISP) analyst Daniela Corsini said. (Graphic: Average 2020 Brent and WTI forecasts - [link] U.S. oil production is expected to rise to a record of 13.30 million barrels per day (mbpd) in 2020, the U.S. Energy Information Administration said. Growing non-OPEC supply could also offset the price effect of a de-escalation in the U.S.-China trade dispute following the signing of a phase one deal, analysts said. Under the deal, China pledged to buy over $50 billion more of U.S. energy products over two years. A revival of the spat between the two countries remains a risk, with another escalation likely to slow demand growth, UBS analyst Giovanni Staunovo said. “Considering Chinese crude imports of U.S. barrels were zero in recent months, a small pick-up will push up the export volume, but otherwise no big impact is expected on prices.†Analysts expect global oil demand to grow by about 0.8-1.5 mbpd this year, which compares with the International Energy Agency’s 1.2 mbpd outlook. image.png588x643 36.3 KB Best Regards @ValueSeeker8
Level 2 Close . . . . 189.80 Open . . . . 189.00 High . . . . .192.20 . . . 08.00.18 . . OT Low . . . . . 188.40 . . . 10.11.14 . . AT Mid Auc . . No UT Full 204,477----350,894 50----51 LSE Vols . . . . 67,084 . . 53 trades AT trades . . . 29 OT trades . . . 24 . . . 12.52.14 Spread 189.20-----189.40 . . . Mid 189.3p
Opening Prices FTSE100 . . . 7,381.96 . (-101.61) . (-1.36%) Brent Crude . . . $57.56 . (-1.27) . (-2.16%) GKP . . . 79,137 @ 189.8p . . . . . . . . . . . . . . . . . . . . . . . . . . FTSE100 . . . 7,394.23 . (+12.27) . (+0.17%) Brent Crude . . . $58.02 . (+0.69) . (+1.20%) . . . (15mins delayed) OP . . . 100 @ 189p 2,000 @ 189p, 1,000 @ 188, 187 & 186p, 10,000 @ 187, 186, 184 & 183p, 20,000 @ 180p = 65,000 20,000 @ 197 & 200p, 15,000 @ 197 & 200p, 5,000 @ 202p, 25,000 @ 210p, 40,000 @ 215p, 60,000 @ 230p and 12,000 @ 249p = 212,000 Book at c. 8.03am 157,937----297,193 31----35 Screencast.com 2020-01-31_0755 Shared from Screencast.com
Shaikan Payment Due On the 12th December 2019 we were told by RNS that the August and September oil payments would be made in January 2020. The August payment was made on the 8th January as was Genels. Genel has today been paid for September but so far today no RNS has been issued by GKP re September payment. As today is the 31st can we expect one soon.
China msn.com Opinion | Coronavirus Spreads, and the World Pays for China’s Dictatorship Xi used his tight rule to control information rather than to stop an epidemic.
Transactions in Own Shares RNS - Transaction in Own Shares Best Regards @ValueSeeker8
Closing Prices Close . . . . 194.00 Open . . . . 196.80 High . . . . .196.80 . . . . . 08.00.06 . . UT Low . . . . . 191.0433 . . . 14.11.30 . . AT MD Auc . . 60 @ 193p LSE Vols . . . . 527,015 . . . 411 trades AT trades . . . 344 . . 83.7% OT trades . . . 67 . . . 15.17.29 CP . . . 79,137 @ 189.8p FTSE100 . . . 7,381.96 . (-101.61) . (-1.36%) Brent Crude . . . $57.56 . (-1.27) . (-2.16%) . . (15mins delayed)