BP

[phillo]

with oil prices holding up & the OPEC meeting going on , the price of this is falling -  maybe due to the rise in GBPUSD. Always tempting to buy a dip in this one, but there may still be more downside

[phillo]

On ‎05‎/‎12‎/‎2019 at 20:52, elle said:

with oil prices holding up & the OPEC meeting going on , the price of this is falling -  maybe due to the rise in GBPUSD. Always tempting to buy a dip in this one, but there may still be more downside

BP   here is the "more downside" 

[dmedin]

Oil and gas stocks are like tobacco stocks - long term terminal decline.  We need to be looking at green energy.

[Mercury]

3 hours ago, dmedin said:

Oil and gas stocks are like tobacco stocks - long term terminal decline.  We need to be looking at green energy.

Whom do you think is at the fore front of that?  It's Shell, BP, Chevron, Exxon...

Also Oil will be a major part of the energy mix for decades to come, you can't just switch it off despite what annoying Swedish teenagers and their handlers say.

[dmedin]

On 02/02/2020 at 21:49, Mercury said:

Whom do you think is at the fore front of that?  It's Shell, BP, Chevron, Exxon...

Also Oil will be a major part of the energy mix for decades to come, you can't just switch it off despite what annoying Swedish teenagers and their handlers say.

Could you say no to a face like that?  Good luck!

[Mercury]

Some one has to because she is a mouthpiece for her handlers who have their own, misguided or nefarious, agenda.  It is climate terrorism.  They seek to terrorise people to act in certain ways via social pressure.  If she (and they) start talking about population growth as the major root cause and a strategy to reduce pollution (think air and water quality rather than greenhouse gases) and talk about food and water security then I will be cheering her on.  If all they want to do is moan about climate change then No NONONONONONONONONO!

[phillo]

On ‎02‎/‎02‎/‎2020 at 17:54, elle said:

BP   here is the "more downside" 

BP sure did have more Downside, maybe a double bottom now

[dmedin]

The RSI has turned up from oversold.  This is a rare signal on the daily chart for BP, hence it has more significance.  Good time to buy oil and gas shares?

 

 

[dmedin]

Who needs those stinking jobs anyway!

https://uk.reuters.com/article/us-bp-strategy-exclusive/exclusive-only-a-quarter-of-bps-10000-job-cuts-to-be-voluntary-idUSKBN2711LN

[dmedin]

Are you seeing what I'm seeing, Jasmin? 🤯