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Oil rebounds after major producers announce meeting

Oil rebounds after major producers announce meeting Oil made a comeback as the OPEC extended an invitation to Libya and Nigeria to join other major oil producers for a meeting in late July. Both nations had previously been exempted from the recent agreement which capped oil production, and their i ...

Fiona Cincotta


Posted 2 years agoOpinion > Oil Price predictionsoil price

Rising Oil Prices Lift BP's Fortunes

Fiona Cincotta, a senior market analyst at www.cityindex.co.uk The rising oil price has certainly lifted BP's fortunes, though the extent of this bumper profit increase is testament to the company's cost-cutting efforts.  Getting its break-even cost down to $49 a barrel is no mean feat and has hel ...

Fiona Cincotta


Posted 1 year agoOpinion > BP

Brent Above $65 Market Update

Brent above $65 Brent has continued to charge northwards this morning, adding to yesterday's impressive gains and pushing the black stuff over $65 the barrel for the first time since 2015. This is Brent's fourth straight positive session, which has seen Brent climb over $4.5 dollar since last Thursd ...

Fiona Cincotta


Posted 1 year agoOpinion > United Kingdom

FTSE Lower as Oil Sinks

FTSE lower as oil sinks A stronger pound, weak commodity prices and National grid weighed on the FTSE, keeping the index in the red across the day. Even Wall Street rebounding from yesterday's heavy sell off hasn't managed to pull the FTSE out of the doldrums. Oil tumbles to 14 month low With co ...

Fiona Cincotta


Posted 7 months agoOpinion > Oil88 Energy

Don't Hold Your Breath For Deeper OPEC Cuts

The rally in oil prices over the past two weeks came to a halt on Wednesday on news that OPEC is actually exporting more oil than previously thought. A month ago, oil prices appeared to be higher than they should have been, with weak demand, elevated inventories, and a recognition that the nine- ...

Oilprice Staff


Posted 2 years agoOpinion > oil priceOPEC

Oil price, Faroe, SDX Energy, And finally…

Oil price Both the Saudi Oil Minister and the head of Saudi Aramco were on their hind legs at Dav-oh yesterday, the former saying that the US supply infrastructure was ‘decimated' and the latter confirming that the oil market would have re-balanced by the end of the first half. He also snuck in ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > Malcy's BlogFaroe PetroleumSDX Energy

OPEC in Crisis Meeting to Limit Oil Production

An important meeting took place in Vienna on Monday as oil producers looked to try and make a rescue deal which would place limits on the production of oil in order to try and rebalance the oil market prices. OPEC, the group who are accountable for around a third of the World's oil met up with t ...

Ben Barlow


Posted 2 years agoOpinion > OPECProduction

DW Monday: Expectations for 2017

The past year has undoubtedly been one of the toughest for the oil & gas industry in recent memory. As we enter 2017 we consider three key themes that could shape the industry over the year ahead. A North America-Led OFS Recovery :  OFS markets are expected to bounce back in 2017 and we expect Nor ...

DW Monday


Posted 2 years agoOpinion > DW Monday2017North America

DW Monday: Heavy Lifting Lift off?

Heavy lift vessel (HLV) contractors have faced a challenging market in recent years as the low oil price environment combined with a shift towards subsea installation and deepwater activity has seen fixed platform installations decline globally. The number of fixed assets installed in 2017 is expec ...

DW Monday


Posted 2 years agoOpinion > Douglas-WestwoodDW MondayHeavy Lifting

DW Monday: Vessel Contractors – Re-shaping for the Rebound

The announcement on the 28 th February of EMAS Chiyoda's bankruptcy is the latest in a long line of vessel contractors to fall victim to the downturn since January 2015. Multiple companies such as Cal Dive, Ceona, Cecon, Hercules Offshore, Harkand and Swiber have entered into administration, taking ...

DW Monday


Posted 2 years agoOpinion > DW Monday

DW Monday: The Great Global Gas Surplus

The production of LNG in recent years has increased dramatically. According to Westwood Global Energy data, LNG liquefaction capacity increased from 121 million tons per annum (mmtpa) in 2000 to nearly 270 mmtpa in 2010, and will reach just over 400 mmtpa by the end of 2017. A wave of ‘mega-projects ...

DW Monday


Posted 2 years agoOpinion > DW MondaygasSurplus +1

Find the Oil jobs

The demands of oil have spread over the entire globe and the continuous discovery of oil deposits in countries in the Middle East and other countries in the Pacific pave the way for oil jobs. As the demand for energy is rapidly expanding jobs in oil and gas sectors continue to grow to meet the deman ...

Anastasiia Olsen


Posted 2 years agoOpinion > OilgasOil and Gas Jobs

Oil price, Sound Energy, Independent Oil & Gas, David Morrison, And finally...

Oil price The fact that the prices above, being the Friday night close, are out of date by well over two dollars indicates that the meeting in Vienna on Saturday between Opec and Non-Opec countries was deemed to be a success. As I write, WTI is $54.09 and Brent is $56.77, indicating that for the ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > Malcy's Blogoil priceSound Energy +1

Oil price, Shell, Petrofac, Sound Energy, And finally...

Oil price Traders told me yesterday that the market was looking to have a correction so when the EIA inventory stats came out, although initially pleasing, they found some dirt. That was in the fact that although there was a useful draw of 2.6m barrels, better than forecast and the API number it ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > Malcy's BlogShellSound Energy +1

Amerisur Resources, Pantheon Resources and Thalassa Holdings

Amerisur Resources An update from john Wardle in Colombia this morning which is a bit mixed but with no fundamental problems. The near term production target of 7,200 b/d scheduled to be reached at the end of this year has been put back by a quarter in 1Q 2017, a number of social issues have take ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > Amerisur ResourcesPantheon ResourcesThalassa Holdings +1
Last fetch 7/22/2019 4:21:19 AM