< "> edit this post http://www.investegate.co.uk/afren-plc-%28afr%29/rns/trading-statement-and-operations-update/201301210700069619
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In an attempt to cut down the header page,i've transferred some of the older news to Page1 post No.3.

http://www.oil-price.net/index.php?lang=en
http://www.ft.com/home/uk

http://www.investegate.co.uk/Article.aspx?id=201111020700081674R
http://www.investegate.co.uk/Article.aspx?id=201111150700250723S
http://www.investegate.co.uk/Article.aspx?id=201112010705051251T
http://www.investegate.co.uk/Article.aspx?id=201201170700146472V
http://www.investegate.co.uk/Article.aspx?id=201201230701479690V
http://www.moneyam.com/action/news/showArticle?id=4323758
http://www.investegate.co.uk/Article.aspx?id=201204170700164488B
http://www.investegate.co.uk/Article.aspx?id=201205140700212304D
http://www.investegate.co.uk/Article.aspx?id=201205210700407032D
http://www.moneyam.com/action/news/showArticle?id=4430164
http://www.investegate.co.uk/afren-plc-%28afr%29/rns/significant-new-seychelles-3d-seismic-programme/201212120700052973T/
http://www.investegate.co.uk/afren-plc--afr-/rns/2013-half-yearly-results/201308230700063334M/
http://www.investegate.co.uk/afren-plc--afr-/rns/ogo-drilling-and-resources-update/201311190700083404T/
http://www.investegate.co.uk/afren-plc--afr-/rns/trading-statement-and-operations-update/201401280700096280Y/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201405200700135209H/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201410300700116483V/
http://www.moneyam.com/action/news/showArticle?id=4942625
http://www.moneyam.com/action/news/showArticle?id=4943375

It has regularly struggled to break the 95p barrier. Third time for the 105 level with major pullback if it fails, imo.

I'm a bit more optimistic.....there has to be a run up to 115 or 120p coming in my opinion,....where is the bad news....?.....this has to go higher as long as crude holds up....

I hope you are right, but if it should get knocked back I would certainly buy back in around the 80-85p range. However, for anyone who bought since Oct last year & expecting great things, they must surely be disappointed? No divi & very limited capital growth.

I was expecting 150p, I recall by the end of this year...way off the mark it seems....

my holding ave, is 69p so always happy to hold.,.

I still have some from when it was 14p.....but I want more.....greedy me.....

Ave 45.5, so 100% at mo, but here til end of 2012. Personally i can only see good news here, Going into production in october, early november latest. Building to minimum 100,000 bod by end of 2012. Iam hoping for more than that personally. aimvho. gla

Don`t know if any of you people have looked at Gasol, afrens little bruv.Fantastic low price with news soon imvho. dyor gla

Edison note out on oil 'n gas --

http://www.edisoninvestmentresearch.co.uk/sectorreports/Oil_commentary160810.pdf
cyril

Hows this for a contradiction?

Oil Demand Exceeds Supply, Cuts Floating Stocks, Goldman Says

Aug. 16 (Bloomberg) -- Global crude oil demand may have exceeded supply in the past two months as inventories stored on tankers fell to an 18-month low, Goldman Sachs Group Inc. said.

Now that floating storage has dropped to its lowest levels in over 18 months, we expect to experience declining onshore inventories in coming months, Goldman Sachs analysts including David Greely and Stefan Wieler said in a report today. Given that world demand tends to increase seasonally in the second half, we would expect the draw on world inventories to accelerate.

Oil held on ships may have dropped by as much as 40 million to 45 million barrels in June and July, in part due to the clearing of a large portion of Iranian floating storage, Goldman said.

The June-July discharge of floating storage suggests that the draw at sea has more than offset the build on shore, which the International Energy Agency estimates at 21 million barrels, Goldman analysts said.

World oil demand exceeded supply by 600,000 barrels a day, or 36.9 million barrels more than normal in June and July, based on the IEA estimate of a 13.3 million barrels draw on combined onshore OECD inventories and global floating storage, Goldman said in the report.

West Texas Intermediate crude time spreads, the difference between monthly futures contracts, have strengthened, suggesting a tighter physical oil market, Goldman said.

Goldman said that the time spread from the first to the 60th month gained as much as $10 a barrel to trade at about minus $8 to minus $10.

We continue to expect the WTI forward curve to flatten in the second half, lifting prompt WTI prices into the $85-$95 a barrel range, Goldman said.

The company reiterated its recommendation to buy December WTI crude futures, which traded up 44 cents to $77.38 a barrel at 11:49 a.m. on the New York Mercantile Exchange.

To contact the reporter on this story: Grant Smith in London at gsmith52@bloomberg.net Brian Murphy in London at bmurphy74@bloomberg.net


cyril

Goldman Sucks aren't they the firm which tried to ramp the oil price up to $150 a barrell a couple of years ago?!

nice little bit of end of day activity

1 tomorrow........with luck.

it's 105 that needs to be breached and held ..... it's tried several times and failed, but i guess when it happens it will pop like the proverbial champagne cork, or at least i hope so

we'll pop a champers cork when it gets to 2....lol

bb won't be long when production hits 60000 bopd.

then you can join us too and get cyners p**sed.

half of cider and i'm anyone's

Looking good again ,is this the breakout coming ?.

About bloody time if it is jimmy!