Tag: Amec Foster Wheeler

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

Tagged with: , , , ,

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

Tagged with: , , , , , , , , , , ,

Oil price, Rockhopper, Lamprell, Wood Gp/AMFW, Thalassa, And finally…

WTI $47.59 -$1.23, Brent $50.73 -$1.37, Diff -$3.14 -14c, NG $2.96 -2c Oil price The bulls turned tail in a hurry yesterday afternoon, maybe it was the report from China of the refinery output falling, indicating lower crude demand, or

Tagged with: , , , , , , ,

Oil price, Amerisur, Hurricane, Tullow, IGas, Catch up/Sundry-Statoil-Hunting- Amec FW-IOG-Xcite-And finally…

WTI $49.72 +54c, Brent $50.47 +49c, Diff -$0.75 -5c, NG $2.76 +3c Oil price The Opec ‘machine’ went back into action yesterday in a number of ways. Firstly, ‘sources’ revealed that the reduction in peak output would be 4%, to

Tagged with: , , , , , , , ,

Flash blog, Hunting, Amec, VOG, Hurricane.

Hunting has announced that it is doing an equity placing this morning of 9.8% of its stock. The trading update that goes with it suggests some increase in enquiries but that the tone remains uncertain in the industry. More when

Tagged with: , , ,

Oil price, Amec Foster Wheeler, Range Resources, Faroe, Circle Oil, And finally…

WTI $43.02 +$1.22, Brent $45.39 +$1.12, Diff -$2.37 -10c, NG $2.75 -2c Oil price A decent rally yesterday but on pretty flimsy evidence, the Opec President gets on his hind legs and calls an ‘informal meeting of Opec in September

Tagged with: , , ,

Oil price, Amerisur, Premier, Sundry-Amec FW- Providence-And finally…

WTI $44.76 -65c, Brent $46.25 -51c, Diff -$1.49 +14c, NG $2.70 -10c Oil price Traders reported an up and down type of day yesterday with currency movements and world markets influencing crude oil prices. News of Opec’s June production being

Tagged with: , , ,

Oil price, Sundry-Sound Energy-Amec FW-Chariot-Interactive Investor interviews-And finally…

WTI $48.26 -73c, Brent $49.65 -45c, Diff -$1.39 +3c, NG $2.91 -8c Oil price Just managing to get enough news for a blog today especially as a number of oil markets were shut for Independence Day holidays whilst others were

Tagged with: , ,

Oil price, Circle Oil, Sundry-Amec FW- NTOG-GKP- And finally…

WTI $47.85 +$1.52, Brent $48 58 +$1.42, Diff -$0.73 -10c, NG $2.92 +20c Oil price I should change that header bar to oil and natural gas price as at the moment the yellow jersey is being worn by the latter.

Tagged with: , , ,

Oil price, Falcon Oil & Gas, Sundry-Amec FW-Savannah- And finally…

WTI $49.56 +94c, Brent $49.74 +$1.13, Diff -$0/18 +19c, NG $1.99 +1c Oil price Brent has climbed through $50 this morning and WTI is not far behind it. The big question is, will this encourage producers, particularly in the US

Tagged with: , ,