₦airaland Forum

zendi:
It was the Shale Industry overproduction of oil that caused the global oil glut that crashed oil price that crashed Oando stock price to 5, go and ask Wale.

ositadima1:
Dangote Cement and even BUA Cement—time will come when they start "shaking body," and some people will ask when I pointed it out. A 50% increase or more is very possible. I don't predict that it must happen tomorrow; rather, I give it enough time—whether one year, six months, or even less—and it will happen.

Streetinvestor2:
This statement is a big lie.The opec crashed price to shut down Shale oil production.
And it was not oik price that took oando to ridiculous price. Why didn't other oil companies drop to such ridiculous price. It was wale bad management and over priced buy of assets that crashed oando.

zendi:
Okay, immidiately after the Conoco Philip deal signing , oil price plummeted because of excess output through Shale boom.

OPEC+ found itself locked in competition with Shale by alternating between production cuts to defend price and production boosting to defend market share.

Oando price crashed because investors were spooked by the slow rate of debt repayment occasioned by the low oil prices.

Go and ask Wale

And mind you, Oando was the only upstream company on the market then so none to compare it with.

NB/ let's go and sleep to resume tommorow.

leparj:
Union Bank is no longer listed on the NSE.
The shares were bought or taken over by Titan Bank Limited.
I was sent the MTO documents which I signed sometime ago and was paid for all my UBN shares.

KarlTom:
Is this a different case

I thought Ote$ (and FBNH) is charging them for about ₦30bn...

The money just dey 'reduce' after every siting

pluto09:
I want to believe that dangote fuel is actually of better quality than the imported one. Those importing are likely paying less to bring in cheaper bad fuel.
I am equally eager to undertake the experiment but unfortunately I can't find any MRS station in my area. Dangote should consider having mega stations in more cities across the country, he needs to find a way to run these established petroleum importers out of business.

Mpeace:
Make I help with some dates and info.
Trump's first term was from 2017 to 2021.
Seplat was listed in 2014
Oando was therefore not the only upstream company during Trump's first term.
ConocoPhilips acquisition by oando was done in 2014. 3yrs before trump.
Trump is innocent of all accusations

zendi:
That noise maker is the most powerful man on Earth.
And he has intent to crash oil, that's why he made the Head of a Shale Oil Company his Energy Secretary.

It was the Shale Industry overproduction of oil that caused the global oil glut that crashed oil price that crashed Oando stock price to 5, go and ask Wale.

GeneralDae:
Wouldn’t this further lead to increase in oil prices?

https://apnews.com/article/israel-palestinians-hamas-war-news-ceasefire-hostages-03-17-2025-b8753b9458a44f10ab08aa9b12582780

Streetinvestor2:
This statement is a big lie.The opec crashed price to shut down Shale oil production.
And it was not oil price that took oando to ridiculous price. Why didn't other oil companies drop to such ridiculous price. It was wale bad management and over priced buy of assets that crashed oando.

PETERiCHY:
Low oil price crashed OANDO to #1.95k and Seplat to #150.

Well after 20ys of Trading in the DANGEROUS STOCK MARKET TERRAIN. Some of US have gone UNDERGROUND to ENJOY our RETIREMENT BENEFITS.

BARGAIN HUNTERS TAKE NOTE!

toyeoye:
Market is open, and it's looking greener so far! Let’s track today’s session together, live updates as they unfold.https://stockbubbles.com.ng/

PETERiCHY:
Low oil price crashed OANDO to #1.95k and Seplat to #150.

Well after 20ys of Trading in the DANGEROUS STOCK MARKET TERRAIN. Some of US have gone UNDERGROUND to ENJOY our RETIREMENT BENEFITS.

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
Low oil price crashed OANDO to #1.95k and Seplat to #150.

Well after 20ys of Trading in the DANGEROUS STOCK MARKET TERRAIN. Some of US have gone UNDERGROUND to ENJOY our RETIREMENT BENEFITS.

BARGAIN HUNTERS TAKE NOTE!

ositadima1:
Dangote Cement and even BUA Cement—time will come when they start "shaking body," and some people will ask when I pointed it out. A 50% increase or more is very possible. I don't predict that it must happen tomorrow; rather, I give it enough time—whether one year, six months, or even less—and it will happen.

Bukkydudu:
Thanks for the feedback. Please I didn't receive anything. How can I go about it please? I think I didn't fill the e divided form too

zendi:
Yes, break down of ceasefire.
Resumption of Gaza hostilities.
America-Houthi hostilities.
All Bullish on oil prices, for only God knows how long.

In one post in the last few days I described crude oil as the most fickle, therefore unpredictable commodity traded. commodity traded. If oil price sets out from Benin City for Auchi, it will be a miracle if something doesn't happen to divert it at Uromi to start heading to Onitsha thro Agbor.

Which doesn't contradict my central argument that Trump is the most Oil Industry friendly President of recent American history. Also that barring all these unforseen developments, and in view America's recent Energy supremacy through Shale revolution, this new Trump era will be bearish on global oil price.

Go and and ask Wale why in desperate search for a Refinery, having experienced Trump bear (oil) before.

PETERiCHY:
Low oil price crashed OANDO to #1.95k and Seplat to #150.

Well after 20ys of Trading in the DANGEROUS STOCK MARKET TERRAIN. Some of US have gone UNDERGROUND to ENJOY our RETIREMENT BENEFITS.

BARGAIN HUNTERS TAKE NOTE!

zendi:
this aiico is always green every day, yet the price never seems to be lifting up.

zendi:
Okay, this my remark is to the entire house.

Thank God somebody who remembered the price history has spoken.
The oil price crash did not affect only Oando.
It equally affected Seplat.
Therefore was not Wale's bad management according to Street.
So what caused the price crash?
The answer is simple, Oil Glut.
But what caused the oil glut at that time.?

That is the hanging question.
The experience(s) of history help one to be prepared for the future.

zendi:
Okay, this my remark is to the entire house.

Thank God somebody who remembered the price history has spoken.
The oil price crash did not affect only Oando.
It equally affected Seplat.
Therefore was not Wale's bad management according to Street.
So what caused the price crash?
The answer is simple, Oil Glut.
But what caused the oil glut at that time.?

That is the hanging question.
The experience(s) of history help one to be prepared for the future.

KarlTom:
Explosion on Trans-Niger Pipeline.

Operated by NNPC/Renaissance JV...

mikeapollo:
Wow.!
I hope they are able to salvage and restore it soonest.
Aradel shareholders must not suffer for this!

toyeoye:
🚨 ETF Watch: VSPBONDETF Plummets 38.71%! 🚨

This ETF, which tracks the S&P Nigerian Sovereign Bond Index, took a massive hit today. Bond market jitters or something bigger?

Streetinvestor2:
I don't remember when those stocks traded at that price. He should tell us the year and let check oil price then.And if is 20 yrs ago.what was energy demand then and energy demand now that you believe oil price will go back to such price

aj8:
There is nothing strange here. The NAV is 134.45. VSPBONDETF can be extremely volatile. The volume can be ridiculously low when available. Prices are rebalanced every 6 months. Beware!!!.

Beware of these trades!!!