Oil has drifted as a tumultuous week comes to an end and what can we take from it? Most of all, and not for the first time recently, the opinion polls have been left high and dry, and not just wrong but catastrophically adrift of the final result. The alleged Democrat win in Iowa is a case in point, it just didn't happen and was wrong by a mile, questions should be asked. Today I look at oil service companies under drill baby drill.
WTI $48.70 -$1.02, Brent $49.71 -76c, Diff $1.01 +31c, NG $3.11 +4c Oil price The meeting at the weekend between various Opec members and other producers has done nothing to ...
WTI $49.96 -56c, Brent $50.79 -67c, Diff -$0.83 -11c, NG $2.77 -6c Oil price Oil remains under some pressure as the faults start to develop in the Opec agreement scheduled ...
WTI $37.75 +$1.86, Brent $39.84 +$1.97, Diff $2.09 +11c, NG $1.91 -4c Oil price Two up days in a row and the bulls have it, especially after a pretty good ...
WTI $30.44 -97c, Brent $30.86 -69c, Diff -42c +28c, NG $2.26 -14c Oil price Yesterday saw WTI visit $29.93 in intra-day trading and crude certainly ended down on the day, again. ...
WTI $37.35 +$1.04, Brent $38.45 +53c, Diff $1.10 +9c, NG $1.82 -7c Oil price So, this afternoon the Fed will announce, arise US interest rates and likely signal further strength ...
WTI 45.20 -$1.12, Brent $47.98 -60c, Diff $2.78 +52c, NG $2.36 +10c Oil price With the continued strong dollar and only signs of further build up in stock levels the ...
WTI $45.20 -$1.09, Brent $47.85 -86c, Diff $2.65 -51c, NG $2.40 -7c Oil price Oil traded back to the bottom of its recent range yesterday as the EIA inventory stats ...
WTI $50.51 -74c, Brent $56.65 -45c, Diff $6.50 -33c, NG $2.82 -5c Oil price More drift yesterday as the strong dollar and weakness in the product market left the oil ...
WTI $45.72 +$1.76, Brent $55.32 +89c, Diff $9.60 -87c, NG $2.79 -3c Oil Price Crude prices were steady last week but very much greenback dictated, the $ strength on Monday ...