Oil rallied sharply on news of the Norwegian oil strike as well as hurricane Delta which has shut-in some 92% of GoM oil and gas production. Star Phoenix are restructuring their oilfield services business with cost cutting and asset sales.
Oil remains firm ahead of the Opec+ meeting on Thursday, much still can happen before then...I look at Coro and Zenith where the former has sold its Italian assets to the latter, also Coro is looking for a further extension for the Bulu agreement. Range Resources is now Star Phoenix Group with ticker STA and I catch up with Angus Energy and talk about Saltfleetby.