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…
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…
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.…
WTI $61.34 +74c, Brent $64.33 -3c, Diff -$2.99 -77c, NG $2.58 -1c Oil price Traders say it was a funny old day in the market yesterday, an early sell off was closed with a weak greenback helping out, but WTI…
WTI $63.73 -$1.09, Brent $69.15 -$1.11, Diff -$5.42 -2c, NG $3.13 -7c Oil price A down day after the Martin Luther King holiday, probably a bit of a technical correction, $65 and $70 seemed a little rich for the money…
WTI $63.80 +23c, Brent $69.26 +6c, Diff -$5.46 -17c, NG $3.08 +18c Oil price There is not much to add on the oil price to events of the week. Yesterday Brent printed above $70 but ended up 80 cents off…
WTI $57.16 -14c, Brent $63.41 +18c, Diff -$6.25 +32c, NG $2.74 +13c Oil price Mixed fortunes yesterday, Brent rallied when the Nigerian strike was announced and even when it appeared to be off, still gained on the day. I expect…
WTI $57.30 +26c, Brent $62.23 -8c, Diff -$5.93 -34c, NG $2.61 -7c Oil price For a benchmark crude that is facing 2/3 weeks of production down by around 450/- b/d Brent is surprisingly flat, it probably gives off warning signs…
WTI $56.69, Brent $62.20 +73c, Brent $62.20 +98c, Diff -$5.51 +25c, NG $2.76 -16c Oil price Further signs of a bounce back from crude oil yesterday as markets thought that the immediate past of a shake out had been overdone,…