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Traders Thread Monday 26th July 2004 (CROC)     

Martini - 25 Jul 2004 14:01

Spaceman - 26 Jul 2004 10:47 - 83 of 158

sandeep, I dont know the percentage of world oil thats from Russia but I dont think its huge, you might be right but I doubt if the russion production is enough to badly affect the world price. Saudi is still the biggest by far and still has the largest stocks as well.

Big Al - 26 Jul 2004 10:51 - 84 of 158

Spaceman - as far as I'm aware Russia has potentially the biggest oil reserves in the world. Problem is they simply cannot get their act together.

Oil traders have been blaming the Yukos thing for the current high prices.

Big Al - 26 Jul 2004 10:58 - 85 of 158

Tra-la-la!

sandeepbharadwaj - 26 Jul 2004 11:01 - 86 of 158

spaceman - according to nloomy yukos is the largest oil producer after saudi

Spaceman - 26 Jul 2004 11:02 - 87 of 158

Al, exactly, as far as i know its real stocks are unknown at the moment, production is not that good. Saudi still the one to watch ;-)

Maggot - 26 Jul 2004 11:02 - 88 of 158

Also added some AQP.

sandeepbharadwaj - 26 Jul 2004 11:02 - 89 of 158

sorry nloomy is bloomy (bloomberg)

Big Al - 26 Jul 2004 11:03 - 90 of 158

Wonder if BFP will reach 80p today. Still short. ;-)

Big Al - 26 Jul 2004 11:07 - 91 of 158

FTC results Monday. Very short!

Big Al - 26 Jul 2004 11:10 - 92 of 158

Covered BFP +6. 'Tis enough for me! ;-))))

Big Al - 26 Jul 2004 11:24 - 93 of 158

Hope no-one's long PTL.

Missed the break of a quid for a short. ;-(

fulhamken - 26 Jul 2004 11:29 - 94 of 158

closed ANL -5

maddoctor - 26 Jul 2004 11:36 - 95 of 158

whats causing this then? Englands failure to take a wicket?

Big Al - 26 Jul 2004 11:40 - 96 of 158

Lobbed WBY -16ish

tonyjackson - 26 Jul 2004 11:40 - 97 of 158

Nice header Chocolat,thanks for the effort.
Well,no trading for a few days,last trade was SHORT ANL last Tuesday which was happily stopped out for what I thought at the time was a nasty loss of -12.Very nervous about holding shorts overnight now.Even more nervous about longing anything at all.Might just take a summer break.
Good luck all.Hope a few of you got a few quid out of ANL.

Kyoto - 26 Jul 2004 11:43 - 98 of 158

Bad luck on ANL fulhamken - I can't really agree with this level of weakness. 10% below the bid price (may well be less if BSCH fall but I'd still see a premium), no counter-bid premium at all which seems very premature at this stage. The way the market is at the moment it seems like a safer option than most...

fulhamken - 26 Jul 2004 11:51 - 99 of 158

fulhamken - 26 Jul 2004 11:52 - 100 of 158

WICKET - LARA OUT

maddoctor - 26 Jul 2004 11:55 - 101 of 158

ken , missed it :-(( have to wait for replay

edit : beautiful spin

fulhamken - 26 Jul 2004 11:59 - 102 of 158

kY -can't understand ANL either - where is the floor here 545 ? what will the 12.30 meeting do for it ? cash/share worth 600 depending on santanders share price really - but will someone else bid ?? any views ?
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