Month: January 2012

BP-7 days, Sudan, US retail prices, Cheniere Energy, Essar Oil – the tax man cometh, IGas, Gulfsands, and Frontera

WTI $98.90 -66c ; Brent $110.55 -17c ; Natural Gas $2.66 -2c Good morning The oil price faltered a little yesterday as the Saudis reiterated that there would be no shortage of oil in the market although the Opec speaker

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BP-8 days, Gas price/Centrica deal, El Paso, Total/ KRG, Cove, New World, Tangiers, Rock Solid Images, and President

WTI $99.79 +9c ; Brent $110.99 +70c ; Natural Gas $2.68 +7c Good morning With the better than expected US GDP news and continued tension over Iran the oil price has stayed within the very tight range of recent weeks.

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BP-12 days, IMF warn IEA ears burning, EIA stats, ConocoPhillips, Coryton, BP, IGas, and Magnolia Petroleum

‹ Australia Day WTI $99.40 +45c ; Brent $109.79 +8c ; Natural Gas $2.73 +18c Good morning Another fairly quiet day at the ranch, oil prices rose a touch on the Fed announcement but apart from that are staying very

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BP-13 days, Oil turns into gold, Obama gets gassy, Sudan/South Sudan, Weir Group, and Lochard

Aussie Open, second test and Burns Night WTI $99.21 -37c ; Brent $109.69 -66c ; Natural Gas $2.56 +4c Good morning The oil price is slightly off today after the IMF reduced their forecasts for world GDP, as if we

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BP-15 days, Baker Hughes Rig Count, Halliburton, BP and Cove, PFC and Weir, Hunting, Ophir, Cairn, GKP, Ithaca, and Plug for tomorrow

WTI $98.46 -1.93 ; Brent $109.53 -1.35 ; Natural Gas $2.34 +2c Good morning although likely good afternoon the way this is going! Let’s do the easy bit first, the oil price above is Friday’s close and today is about

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BP-21 days, Saudi Arabia, China Gas, Chevron, Anadarko/Cove, Afren, San Leon, and Nighthawk

WTI $99.69 +56c ; Brent $111.20 +35c ; Natural Gas $2.55 -8c Good morning Lots going on today as ever, in international news the China GDP figure came out higher than analysts’ forecasts but probably exactly in line with government

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BP-25 days, FOGL, Hardy O&G, and San Leon

WTI $99.23 -1.64 ; Brent $111.10 -1.34 ; Natural Gas $2.72 -5c Good afternoon A shortened, afternoon blog today as I have been in meetings all day thus far but there are one or two things to mention. The oil

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BP-28 days, DNO/RAK, Genel/DNO, Gulf Keystone, Cairn, Faroe, Aurelian, Amec, and Hunting

WTI $101.31 -25c ; Brent $111.92 -1.14 ; Natural Gas $3.01 -5c Good morning The oil price has actually increased a bit overnight and is about a dollar higher than the above which are Nymex close numbers. As we mentioned

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