Month: January 2015

WTI $44.53 +8c, Brent $49.13 +66c, Diff $4.60 +58c, NG $2.72 -12c Oil price A quiet end to the week as the crude price holds around these levels even marginally up this morning. Although the bulls are saying that we …

Oil price, Plexus Holdings, Sundry results-Afren-Bowleven-Nighthawk. And finally… Read More »

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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, …

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

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WTI $45.15 -44c, Brent $48.16 -63c, Diff $3.01 -19c, NG $2.88 -11c Oil price After falling modestly yesterday the oil price has again ‘stabilised’ at around these levels after a speech in London given by el-Badri the Opec Secretary General. …

Oil price, IGas/Egdon, Afren, And finally… Read More »

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WTI $45.59 -72c, Brent $48.79 +27c, Diff $3.20 +99c, NG $2.99 +15c Oil price The oil price had, by its own recent standards a fairly quiet week, Brent was only down $1.38 whilst WTI fared a little worse after those …

Oil price, The Bucket List….And finally… Read More »

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WTI $46.31 -$1.47, Brent $48.52 -51c, Diff $2.21 +96c, NG $2.84 -14c Oil price The death of King Abdullah of Saudi Arabia was announced this morning at the age of 90, his successor is King Salman and his successor has …

Oil price, EnQuest, Gulfsands and finally… Read More »

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WTI $47.78 +$1.31, Brent $49.03 +$1.04, Diff $1.25 -27c, NG $2.97 +14c Oil price A modest bounce in the oil price yesterday as news leaked out that the ECB will announce today that Euro-QE will be €50bn a month for a …

Oil price, Tullow, Faroe, Sundry-Lancashire CC- Gulf Keystone-Madagascar- And finally… Read More »

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WTI $47.12 -$1.57, Brent $48.84 -$1.33, Diff $1.51 +3c, NG $2.99 -14c Oil price With the US closed yesterday it was pretty quiet according to traders I have contacted this morning, prices above are what I think are about right consensus. …

Oil price, Petrofac, Sundry-Schlumberger-Afren-Azonto-GKP-Plexus- And finally… Read More »

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WTI $48.69 +$2.44, Brent $50.17 +$1.90, Diff $1.48 +6c, NG $3.13 -3c Oil price-Martin Luther King day, USA markets shut. After a topsy turvey week the oil price is almost as it was last Monday morning and that is after …

Oil price, BP, Afren, Sundry-BHP-Victoria O&G-Gulfsands- And finally… Read More »

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WTI $46.25 -$2.23, Brent $47.67 -$1.02, Diff $1.42 +$1.21, NG $3.16 -8c Oil price With no blog yesterday due to company meetings and an interview at IG Group, its always a bit of catch up although fortunately company news is …

Oil price, BP, Schlumberger, Gulf Keystone, Sundry-WoodMack-Tullow-Enteq- And finally… Read More »

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Malcolm Graham-Wood says BP should sack its CEO with immediate effect for incompetence. Malcolm also talks about a long ‘U-shaped’ recovery in oil prices and then the possibility of a sharp rise.

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