WTI $73.45 +69c, Brent $77.85 +23c, Diff -$4.40 -46c, NG $2.94 -4c Oil price Oil appreciated yesterday but I can add little, all is going as expected with a few twists. Supply is under pressure from all sides, WTI is…
WTI $73.45 +69c, Brent $77.85 +23c, Diff -$4.40 -46c, NG $2.94 -4c Oil price Oil appreciated yesterday but I can add little, all is going as expected with a few twists. Supply is under pressure from all sides, WTI is…
WTI $72.76 +$2.23, Brent $77.62 +$1.31, Diff -$4.86 -92c, NG $3.00 +6c Oil price Another good day in the oil markets as punters realise that the upside has the greater chance of success at the moment. The differential has narrowed…
WTI $68.08 -50c, Brent $74.73 -82c, Diff -$6.65 -32c, NG $2.92 -2c Oil price A slight drift yesterday as the market considered the opec and Non-Opec meetings and fretted about a potential 1m b/d of extra oil. Now let’s be…
WTI $68.58 +$3.o4, Brent $75.55 +$2.50, Diff -$6.97 -54c, NG $2.94 -3c Oil price The Opec and Non-Opec meetings on Friday and Saturday can best be described as trying to please everyone, a strategy that rarely works but the road…
Rose Petroleum Am on the move already this morning but had to mention the Rose announcement regarding the updated CPR on the Paradox project in Utah. Bearing in mind that this was focused solely on the single reservoir, the Cane…
Echo Energy Echo has announced a ‘potentially transformational’ light oil discovery at Fracción C in Argentina . At 2,460m in the Upper Jurassic Tobifera formation a significant column was found and gas and hydrocarbons were recovered. An early estimate of…
WTI $65.07 -78c, Brent $75.08 -26c, Diff -$10.01 +52c, NG $2.90 -5c Oil price What can I say that hasn’t already been said ahead of Friday, and possibly Saturday’s Opec meeting? For the first time in a while this will…
Malcy talks about the following stocks: SDX Energy #SDX, Cabot Energy #CAB, President Energy #PPC, Diversifiend Gas & Oil #DGOC, Echo Energy #ECHO, Petro Matad #MATD, Reabold Resources #RBD and Block Oil #BLOE