Daily Blog Archive

Oil price, Sound Energy, SDX Energy, Trinity Exploration & Production, Cabot And finally…

WTI $70.46 +$1.00, Brent $73.07 +49c, Diff -$2.61, NG $2.76 -1c Oil price It’s still the same old same old reasons for activity on the oil Bources, Libya recovering, US production arrives at 11m b/d and the Saudis cutting back

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Oil price, Genel, Providence And finally…

WTI $69.46 +70c, Brent $72.58 -32c, Diff -$3.12 -$1.02, NG $2.77 +5c Oil price More flip flopping around yesterday as a good start, prompted by the Saudi Opec Governor’s comments that exports may fall back by around 100/- next month,

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Oil price, Frontera Resources, DGO, Echo Energy Link And finally…

WTI $68.76 +68c, Brent $72.90 +74c, Diff -$4.14 +6c, NG $2.72 -2c Oil price Computers work fast and do not differentiate between news as proved yesterday when the EIA inventory stats came out. The initial build in crude stocks of

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Oil price, Genel Energy, Independent Oil & Gas And finally…

WTI $68.06 -$2.95, Brent $71.84 -$3.49, Diff -$3.78 -54c, NG $2.76 +1c Oil price Yesterday prices fell sharply with the usual combination of factors, mainly on supply this time weighing down on crude oil. Maybe it was the blog ‘wot

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Oil price, SDX Energy, Zenith Energy, Pantheon Resources And finally…

WTI $71.01 +68c, Brent $75.33 +88c, Diff -$4.32 +20c, NG $2.75 -4c Oil price With the rally of some sort at the end of the week, crude posted only modest falls after black thursday. WTI fell $2.79 and Brent $1.78,

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Oil price, Columbus, Solo, *Bucket list alert* And finally…

WTI $70.33 -5c, Brent $74.45 +$1.05, Diff -$4.12 +$1.10, NG $2.80 -3c Oil price Some recovery yesterday as the IEA report showed concern that with all participants now flat out the market is very vulnerable to serious price swings. Funny

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Oil price, Premier, Ophir, Reabold, Europa And finally…

WTI $70.38 -$3.73, Brent $73.40 -$5.46, Diff -$3.02 -$1.73, NG $2.83 +4c Oil price Oil prices crashed yesterday amidst a welter of news, ironically not all bad which left traders to be frank, a bit shocked. Primarily it was the

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Oil price, Savannah Petroleum, Sound Energy, Providence, Aminex And finally…

WTI $74.11 +26c, Brent $78.86 +79c, Diff -$4.75 +53c, NG $2.79 -4c Oil price Yesterday wasnt so bad for oil bulls, the Norway strike meant some shortage appearing and after the close the API stats showed a 6.8m draw in

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Oil price, Petro Matad, IOG And finally…

WTI $73.85 +5c, Brent $78.07 +96c, Diff -$4.22 +91c, NG $2.83 -3c Oil price Yesterday it was Brent’s time to shine primarily as the Libyan NOC chairman stated that his country’s production was ‘falling every day’. With little signs of

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Oil price, Echo Energy, Cairn Energy And finally…

WTI $73.80 +86c, Brent $77.11 -28c, Diff -$3.31 -$1.56, NG $2.66 +2c Oil price Oil price diverged on Friday as Brent eased with a bit more crude on international markets but WTI strengthened as continued distribution difficulties and of course

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