Tag: Ineos

Last week was bad for oil, with only two weeks to go until the Opec+ conference positions will start to be taken. Ineos has started talks with Conoco Philips with regard to buying its UKCS assets and Sound has a dry hole in Morocco but is moving on to TE-10 immediately.

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WTI $48.75 -11c, Brent $51.74 -7c, Diff $2.99 +4c, NG $2.90 -8c Oil price All quiet on the oil price front although the IEA report was marginally positive suggesting that Opec were at 98% 0f quotas and although they cut …

Oil price, Tullow, IGas, Range Resources, Sundry-BP/Ineos- And finally… Read More »

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WTI $59.13 +$1.13, Brent $63.31 +$1.28, Diff $4.18 +15c, NG $2.59 -4c Oil price So, the Opec meeting concluded as expected with a rollover of the existing 30m b/d quota and to add insult to injury the communique ‘urged members …

Oil price, Sound Oil, Victoria Oil & Gas, Range Resources, 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 $74.58 -3c, Brent $78.10 -37c, Diff $3.52 -34c, NG $4.37 +13c Oil price Another quiet day at the office for oil traders, this time next week will be the Opec meeting and of course Thanksgiving Day. The Libyan Oil …

Oil price, Ineos, Wood Group, Sundry-Tangiers- And finally… Read More »

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WTI $85.74 -8c, Brent $88.89 -$1.32, Diff $3.15 -$1.24, NG $3.92 +6c Oil price A short and sharp blog today as I am off to do a CEO interview with Rory Scott Russell of Range Resources, I will add to …

Oil price, Afren, Aminex, Enteq, Ineos and finally… Read More »

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  WTI $93.54 +$1.01, Brent $97.00 n/c, Diff $3.46 -$1.01, NG $3.98 +1c Oil price This morning the oil price is down again, not much but around 70 cents which takes Brent nearer the recent lows, note that the differential …

Oil price, Ineos/Fraccing, Exxon/Rosneft, Velocys, Sundry-Shell/BP-Nighthawk-Union Jack-B&S and finally… Read More »

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