Tag: Wood Group

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, 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, Gulfsands Petroleum, Sundry-Kosmos-Total-Wood Group-Empyrean-PGR-Ophir- And finally…

WTI $48.51 +$1.42, Brent $52.72 +$1.69, Diff -$4.21 +27c, NG $2.89 -4c Oil price The most noticeable change at the moment in the oil setup is that Brent is now trading at a $4.21 premium to WTI which is a

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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

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Oil price, Wood Group, Sirius Petroleum, And finally…

WTI $44.74 +50c, Brent $47.31 +66c, Diff -$2.57 +12c, NG $3.07 +3c Oil price Another up day yesterday and this time for choice the fundamentals were poor, the EIA stats showed a build of 118/- barrels against a forecast of

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Oil price, Pantheon, Sundry- Premier-Echo Energy- Wood Group- Providence Resources- And finally…

WTI $50.33 +98c, Brent $53.61 +$1.10, Diff -$3.28 +12c, NG $3.26 +7c Oil price With the Opec and Non-Opec meetings due this week, culminating on Thursday with what should be a straightforward  discussion about whether to extend by 6 or

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Oil price, Cairn/FAR, Amerisur Resources, President Energy, Range Resources, Sundry – And finally…

WTI $51.15 +12c, Brent $54.36 +19c, Diff -$3.21 +7c, NG $3.27 -3c Oil price I am just back from a trip to West Africa, Cameroon to be exact where I was fortunate to see the Victoria Oil & Gas operation in

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Oil price, Hurricane, Amerisur, Jersey Oil & Gas, Primeline Energy Holdings, Sundry-Wood Gp-Bowleven-Sirius-IOG-And finally…

WTI $47.97 +27c, Brent $50.80 +24c, Diff -$2.83 -3c, NG $3.08 +2c Oil price Last week saw a modest but continued fall in oil prices, WTI was down $1.34 and Brent 96 cents. Downward forces just exceeded upward ones and

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Oil price, Wood Group/Amec, Cape, Range Resources, Catch up sundry-Amerisur-President-IGas-Premier- And finally…

WTI $48.49 -79c, Brent $51.37 -82c, Diff -$2.88 -3c, NG $3.01 +3c Oil price The CERA conference in Houston has a lot to answer for, as it managed to get enough people in the industry thinking that Opec couldn’t hold

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Oil price, Wood Group, And finally…

WTI $53.88 +48c, Brent $56.54 +36c, Diff $2.66 +25c, NG $2.77 -5c Oil price A weak dollar ahead of the Fed meeting helped in a quiet market with the US closed for Presidents Day. Net long positions have crept up to

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