Daily Blog Archive

Oil price, Lamprell, Plexus And finally…

WTI $50.55 -15c, Brent $56.43 +14c, Diff -$5.88 n/c, NG $2.95 -15c Oil price Oil vacillated yesterday, Brent rose as Nigerian crude outages kept demand for that crude firm whilst WTI drifted. Exxon have announced that their Baytown and Beaumont

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Oil price, President Energy, Hurricane Energy, Providence Resources, Frontera Resources And finally…

WTI $50.41 +93c, Brent $56.29 +$1.15, Diff -$5.88 +22c, NG $3.09 -3c Oil price A good day yesterday as the market was positive ahead of the Opec/non Opec meeting at which an extension of the deal looks likely. The EIA

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Oil price, Savannah Petroleum, IGas, Gulf Keystone, Cairn Energy, SDX Energy, Reabold Resources And finally…

WTI $49.48 -43c, Brent $55.14 -34c, Diff -$5.66 +9c, NG $3.12 -2c Oil price It was a mixed old day yesterday, early on prices rallied and my trading spies thought that they might be off to the races again. This

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Oil price, Jersey Oil and Gas, SDX Energy, Empyrean Energy And finally…

WTI $49.89 n/c, Brent $55.62 +15c, Diff -5.73 +15c, NG $3.02 -5c Oil price The week ended quietly but performance was impressive with WTI up $2.41 and Brent trailing behind up only $1.84. This morning the trend continues and both

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Oil price, Echo Energy, Frontera Resources, Wood Group, Aramco And finally…

WTI $49.89 +59c, Brent $55.47 +31c, Diff -$5.58 -28c, NG $3.07 +1c Oil price There is little to add about the oil price, the dollar remains weak, Libya is exporting well below its best levels, hurricane damage has affected production

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Oil price, Hurricane, Echo, Sound, Range Resources, Pantheon, Ophir, Touchstone And finally…

WTI $49.30 +$1.07, Brent $55.16 +89c, Diff -$5.86 -18c, NG $3.06 +6c Oil price Another healthy day for the oil price although to be fair on the ground life has not yet fully got back to normal. Accordingly the inventory

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Oil price, BP, Range Resources, Chariot, SOCO, BPC, Empyrean, Columbus, Sundry-IOG-WG/AMFW-Faroe-Sound- And finally…

WTI $48.23 +16c, Brent $54.27 +43c, Diff -$6.04 +27c, NG $3.00 +5c Oil price Another up day for crude yesterday with short term weather related problems still to the fore, refining in Houston and the Gulf is returning, in some

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Oil price, Jersey Oil & Gas, Providence Resources, Columbus Energy Resources And finally…

WTI $47.48 -$1.61, Brent $53.78 -71c, Diff -$6.30 +90c, NG $2.89 -9c Oil price Hurricane Irma is battering Florida as I write and apart from the billions of dollars that will be needed to rebuild, it has clearly significantly hit

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Oil price, Rockhopper, EnQuest, Empyrean, Cape And finally…

WTI $49.09 -7c, Brent $54.49 +29c, Diff -$5.40 +36c, NG $2.98 -2c Oil price Vacillating was what the oil price was doing yesterday as news sources contained mixed signals which oil traders viewed from differing angles. It was mainly meteorological

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Oil price, SDX Energy, Petrofac,Sundry-AEX-Capital Oil Conference-Echo-VOG-RKH-CHAR- And finally…

WTI $48.66 +$1.37, Brent $53.38 +$1.04, Diff -$4.72 -33c, NG $2.97 -10c Oil price A handy increase in the oil price yesterday as crude caught up with products who have now had their run, at least that is until Irma

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