Daily Blog Archive

Oil price, Savannah, Echo, Rockhopper, Hurricane, Infrastrata And finally…

WTI $68.38+9c, Brent $74.06+28c, Diff -$5.68 +19c, NG $2.74 +8c Oil price After an exuberant ride crude ended the week in further positive territory but of a modest nature. WTI was up 99c and Brent $1.48 keeping the momentum going

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Oil price, Amerisur, President, Trinity And finally…

WTI $67.39 +32c, Brent $72.58 +56c, Diff -$5.19 +24c, NG $2.73 +5c Oil price The week ended with a bang, especially if you were near any chemical factories near Damascus and ironically the thought that Saturday night’s bombings were, at

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Oil price, Echo Energy, Zenith And finally…

WTI $67.07 +25c, Brent $72.02 -4c, Diff -$4.95 -29c, NG $2.69 +1c Oil price The market paused yesterday and took stock of a week that virtually had everything, except the denouement of course. The Donald has not yet pressed the

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Oil price, SDX Energy, Petro Matad, Falcon, Pantheon And finally…

WTI $66.82 +$1.31, Brent $72.06 +$1.02, Diff -$5.24 -29c, NG $2.67-1c Oil price Another strong day for oil yesterday and it is modestly higher again this morning, few could argue that at the moment it is all about geopolitics as

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Oil price, Range Resources, Cabot, GKP, Getech, And finally…

WTI $65.51 +$2.09, Brent $71.04 +$2.39, Diff -$5.53 +30c, NG $2.66 -4c Oil price Oil prices are up over 5% in the last two days for a number of differing reasons. As I noted yesterday there appears to be some

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Oil price, Hurricane, Faroe, Zenith And finally…

WTI $63.42 +$1.36, Brent $68.65 +$1.54, Diff -$5.23 +18c, NG $2.69 -1c Oil price It’s a bit of a see-saw life in the oil market at the moment with traders having to be on their toes even more than usual.

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Oil price, Coro Energy, Columbus, Pantheon, Aminex And finally…

WTI $62.06 -$1.48, Brent $67.11 -$1.22, Diff -$5.05 +26c, NG $2.70 +3c Oil price At the moment oil is behaving like a number of commodities, ie the continued tariff war between the USA and China as well as the spat

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Oil price, Echo Energy, Range Resources, Chariot And finally…

WTI $63.54 +17c, Brent $68.33 +31c, Diff -$4.79 +14c, NG $2.67 -4c Oil price The oil price is more volatile than usual at the moment and whilst fundamentals look pretty positive and news yesterday from say, Saudi Arabia on pricing,

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Oil price, Faroe, Ascent Resources And finally…

WTI $63.37 -14c, Brent $68.02 -10c, Diff -$4.65 +4c, NG $2.72 +2c Oil price The weakness I mentioned yesterday at the start was abruptly turned around by a good set of EIA inventory stats. The draw of 4.62m barrels was

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Oil price, Amerisur, Faroe And finally…

WTI $63.51 +50c, Brent $68.12 +48c, Diff-$4.61 -2c, NG $2.70 +2c Oil price A modest bounce yesterday with the Russian Oil Minister suggesting that they will discuss long term cooperation at the upcoming ministerial talks. Equities bounced which took commodities

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