Tag: Velocys

Oil remains weak, proper action will be needed on Dec 6th. More good news from President with another good well and it looks like more to come, Hurricane’s Aoka Mizu has paused in Spain for re-crewing, refueling and some minor repairs. With Wick and Colter now in sight Reabold, Upland and United Oil & Gas are ready for action. Providence Resources have pressed the button and partners have approved the budget for Dunquin South. Meanwhile over at Velocys its change the guard again and there is much to do.

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WTI $63.39 -76c, Brent $66.86 -76c, Diff -$3.47 n/c, NG $2.76 +1c Oil price Oil remains nervous in the risk-off market place and with the EIA STEO forecasting increased US production bulls were to a large degree holding off. Selling …

Oil price, Touchstone, Tullow, Velocys And finally… Read More »

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WTI $64.30 +50c, Brent $69.87 +61c, Diff -$5.57 +11c, NG $3.20 +12c Oil price Oil had another good week closing pretty much at the highs and shaking off all bearish sentiments. It is quite frankly quite nauseating to see the …

Oil price, SDX Energy, Wentworth Resources, Velocys And finally… Read More »

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WTI $46.79 -33c, Brent $49.30 -40c, Diff -$2.51 -7c, NG $3.04 -2c Oil price Brent did actually break through $50 yesterday but it was a short lived experience as ahead of the big pow-wow in St Petersburg on Monday the …

Oil price, Sound Energy, Velocys, Sundry-Premier-UKOG- And finally… Read More »

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WTI $44.93 +19c, Brent $47.42 +11c, Diff -$2.49-8c, NG $3.04 -5c Oil price As the half year ends the oil price has had a bad period, around 15% off for both WTI and Brent and forward months are not expecting …

Oil price, Hurricane Energy, Sundry-Velocys-Andes Energia- And finally… Read More »

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WTI $52.61 -$1.22, Brent $55.08 -$1.28, Diff -$2.47 -6c, NG $2.80 n/c Oil price Not a good day for the oil price as the bears took command although probably temporarily. A strong dollar didnt help as thoughts of a rate …

Oil price, Trinity E&P, Sundry- Kuwait Energy-Velocys-Bowleven-Hunting-Plexus-And finally… Read More »

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WTI $53.40 +4c, Brent $55.81 +16c, Diff -$2.41 +12c, NG $2.83 -2c Oil price The oil price was effectively flat last week, a few cents off between friends. The same influences are exerting and unless something changes dramatically we will …

Oil price, Sound Energy, Lekoil, President, Velocys, And finally… Read More »

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WTI $53.83 +29c, Brent $56.81 +25c, Diff -$2.98 -4c, NG $3.07 +2c Oil price Marginally up last week but creeping in the right direction aided by the Iranians doing a missile test that was probably ill advised for such a …

Oil price, Ithaca Energy, Aminex/Solo, Europa/Angus, Velocys, And finally… Read More »

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WTI $53.78 +$1.03, Brent $56.24 +$1.16, Diff -$2.48 +15c, NG $3.38 +5c Oil price I had some interesting comments after I said that the oil price was boring at the moment, these ranged from ‘give me more boring at $55’ …

Oil price, Roundup-SDX-Rockhopper-Range-Pantheon-Velocys-Bowleven, And finally… Read More »

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WTI $52.39 +2c, Brent $55.66 -20c, Diff -$3.27 +19c, NG $3.50 +8c Oil price The above prices are slightly skewed as the US was shut for MLK day, I suspect that tomorrow will rearrange the order of things. I remain …

Oil price, Tullow, Cairn, Cape, Velocys, And finally… Read More »

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