WTI $49.72 +54c, Brent $50.47 +49c, Diff -$0.75 -5c, NG $2.76 +3c Oil price The Opec ‘machine’ went back into action yesterday in a number of ways. Firstly, ‘sources’ revealed that the reduction in peak output would be 4%, to…
Tag: Xcite Energy
Oil price, Jersey Oil & Gas, Pantheon/Xcite carry over, Sundry-Genel-GKP-Egdon-US results-
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 for November 30th. After Iran, Iraq now wants exemption from…
Oil price, Xcite Energy, New Age, Sirius Petroleum, And finally…
WTI $45.88 -$1.74, Brent $48.01 -$1.98, Diff -$2.13 -24c, NG $2.80 -1c Oil price The oil price was up last week but it was a bumpy time, the inventory figures, however transient they may be, were cause for celebration but…
Oil price, Gulf Keystone, Sundry-Aminex-Onshore changes-Xcite Energy- And finally…
WTI $48.99 +66c, Brent $50.35 +64c, Diff $1.36 +1c, NG $2.99 +6c Oil price The new Brent contract has settled in nicely, Friday saw a number of conflicting messages which saw the price moving to and fro. On the upside…
Oil price, EnQuest, Sundry the debt issue-San Leon-Premier-Xcite-GKP- Exxon strike-And finally…
WTI $48.33 -$1.55, Brent $49.68 -93c, Diff -$1.35 +62c, NG $2.92 +6c Oil price One or two things contributed yesterday as June Opec production was reported by Reuters to have risen slightly and against that the continuing concern about the…
Tagged with: EnQuest, Exxon Mobil, Gulf Keystone Petroleum, Hess, Premier Oil, San Leon, Xcite Energy
Oil price, Faroe, Hurricane, SDX Energy, Chariot, Xcite, And finally…
WTI $48.01 -48c, Brent $48.97 -86c, Diff -$0.96 -38c, NG $2.60 -1c Oil price With the Fed staying put on rates and reducing US growth rates again there was unlikely to be any positive impetus to knock on to the…
Oil price, Lamprell, Sundry-Genel-Pantheon-Xcite- And finally…
WTI $49.10 -23c, Brent $49.89 -47c, Diff -$0.79 +80c, NG $2.29 +12c Oil price There are no medals for taking big positions in the market just before an Opec meeting and yesterday proved that. July Brent expired and the August…
Oil price, Sound Energy, Sundry-Faroe-Xcite- And finally…
WTI $48.08 -33c, Brent $48.35 -37c, Diff $0.27 -4c, NG $2.06 -1c Oil price Another quiet day in the market, the greenback remains firm exerting downward pressure on crude and I suspect that the inventory stats may provide most of…
Oil price, Xcite Energy, Bahamas Petroleum, Sundry-Cape-Argos-Tony Hayward-Ayman Asfari- And finally…
WTI $39.44 -76c, Brent $41.20 -34c, Diff $1.76 +42c, NG $1.91 -3c Oil price The oil price ended up on the week, just. The bulls are hanging on for the Doha meeting at which January production levels will be frozen…
Oil price, Amerisur, Providence Resources, Sundry- Victoria Oil & Gas-Tullow-Xcite-Petroceltic- And finally…
WTI $30.66 +$1.62, Brent $34.50 +$2.32, Diff $3.84 +70c, NG $1.94 +4c Oil price Further gains in the oil market yesterday as bulls pounced on any potentially good news around. It could easily be found after the meeting between Iran,…
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