Tag: SOCO

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, Faroe, Wentworth, Sundry-Petrofac-Echo-SOCO-Touchstone-Chariot-Sirius- And finally…

WTI $46.08 +25c, Brent $48.29 +14c, Diff -$2.21 -11c, NG $3.02 -29c Oil price A quiet day in the markets according to my man at the bourse, oil gained modestly as reports of the Saudi export cutbacks to the USA

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Oil price, SOCO, Sirius Petroleum, And finally…

WTI $53.30 +24c, Brent $55.35 +43c, Diff -$2.50 -30c, NG $3.26 -13c Oil price Trading continues to quieten down ahead of the Christmas break but the inventory figures should remain reasonably supportive. The API reported a 4.2m draw yesterday and

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Oil price, Sound Energy, Egdon/Union Jack, Sundry-Shell/BG- Soco- And finally…

WTI $29.44 +$3.23, Brent $33.36 +$3.30, Diff $3.92 +7c, NG $1.97 -3c Oil price Today is Washington’s Birthday or Presidents Day, either way its a Federal holiday and most oil markets are closed. This maybe partly to do with the

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Oil price, Primeline, Northern, Sundry-Soco-Afren-Thalassa-Weir- And finally…

WTI $60.14 +$2.00, Brent $64.88 +$2.19, Diff $4.74 +19c, NG $2.85 +14c Oil price The rally in the oil price was impressive yesterday and continued overnight and in London this morning. Whilst there were a number of bullish factors at

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Oil price, Cairn, SOCO, Gulf Keystone, Sundry-Shell-Total-WoodMack-Hunting- And finally…

WTI $48.17 -12c, Brent $57.54 +$1.15, Diff $9.37 +$1.27, NG $2.82 +9c Oil price Brent performed better than WTI yesterday as markets worried about the EIA inventory stats due out after the close. In the end they were poor, reporting

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Oil price, Shell, Caza, SOCO, Sundry-BP-IGas-Petroceltic- And finally…

WTI $44.45 -$1.78, Brent $48.47 -$1.13, Diff $4.02 +65c, NG $2.87 -12c Oil price Are we about to capitulate one might ask? Although the market has stayed remarkably stable for all of two weeks the signs are not that good,

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Oil price, BP, SOCO, Sundry-Bowleven-NTOG-Egdon/Union Jack- And finally…

WTI $63.05 -$2.79, Brent $66.19 -$2.88, Diff $3.14 -9c, NG $3.60 -19c Oil price It was move down Monday as traders told me that in an extraordinarily illiquid market buyers stood off and let the price continue to fall. There

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Oil price, Weir Group, IGas, SOCO, Sundry-Amec-Iona Energy, And finally…

WTI $78.78 -$1.76, Brent $84.78 -$1.08, Diff $6.00 +68c, NG $4.05 +17c Oil price We are back down towards the lows after Saudi Arabia announced their December pricing policy yesterday. The market got a bit rattled and initially marked Brent

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Oil price, Baker Hughes, Soco, IGas, Sundry- Chesapeake-BG, And finally…

WTI $81.78 -6c, Brent $83.78 -$1.26, Diff $2.00 -$1.20, NG $3.80 -2c Oil price A late but short blog today as I have been out and about talking about the price of oil. Most frequent questions are usually about support

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