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Couple of days later I watch a video that the Saudi Refinery is shut down. Also Qatar Gas stopped their operations. To restart it fully will take 1 month. With 1 day gone, it is now 1 month plus 1 day of outage.
Exactly !!! In the past others were buying my shares and then a couple of days later there was new contract anouncement. This one is worse. Actual money may be lost, not profit.
When they say minor damage it means that the refinery is in the shutdown mode, substantial damage and major repar and start up that takes weeks will be involved. This is from someone who just worked in a Middle East Refinery.
It went down from 19 to 18 sens in 2 high volume transactions. Somebody knew of disasterous earnings and dumped his load of tickets. Only in 2 hours before Bursa anouncement.
