WTI $65.55 -33c, Brent $70.12 -33c, Diff -$4.57 n/c, NG $2.62 +3c Oil price The market is quiet, unsurprisingly as we come to the month and quarter end, this year also coinciding with the Easter break. Crude though is holding…
WTI $65.55 -33c, Brent $70.12 -33c, Diff -$4.57 n/c, NG $2.62 +3c Oil price The market is quiet, unsurprisingly as we come to the month and quarter end, this year also coinciding with the Easter break. Crude though is holding…
WTI $61.36 -68c, Brent $64.95 -54c, Diff -$3.59 +14c, NG $2.78 +5c Oil price As I mentioned yesterday crude oil was marked back first thing and never recovered, probably ahead of an uncertain week of inventory stats. At this time…
WTI $63.57 +26c, Brent $69.03 +42c, Diff -$5.46 +22c, NG $3.22 +4c Oil price Whilst all those clowns play in the snow at Dav-Oh the rest of the world is getting on with business, the real world you might say.…
WTI $56.42 -29c, Brent $62.22 -50c, Diff -$5.80 -21c, NG $3.05 -5c Oil price A quiet day in the oil bourses in which the problems being encountered by Mrs Merkel meant that the market ended in a listless and slightly…
WTI $55.14 -19c, Brent $61.36 -51c, Diff -$6.22 -32c, NG $3.05 -3c Oil price The end of a bad week for the oil price as a combination of indifferent inventory stats, belligerent Russians an IEA report that didnt square with…
WTI $51.84 +33c, Brent $57.75 +52c, Diff -$6.28 +56c, NG $2.91 +4c Oil price The blog comes to you this week from Africa Oil Week in Cape Town, the plan is to watch the presentations and hopefully chat with the…
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…
WTI $47.64 +27c, Brent $51.87 +21c, Diff -$4.23 -6c, NG $2.94 -2c A flash blog today as I am venturing north of the border, will update from there if appropriate. A quick run through of various bits of news from…
WTI $49.58 +55c, Brent $52.42 +41c, Diff -$2.84 -14c, NG $2.77 -3c Oil price The week ended more or less all square, Friday gave it a small boost with demand again picking up as the non-farm payroll numbers beat the…
WTI $44.40 +17c, Brent $46.48 +17c, Diff -$2.48 n/c, NG $2.93 +6c Oil price The oil price was up admittedly but without much trade, a low grade investment bank picked up on last week’s gasoline data but not much else…