Oil Price, Reabold, Angus, IOG, and Finally…
WTI $46.24 -$3.64, Brent $56.26 -$3.35, Diff -$10.02 +29c, NG $3.84 Oil Price Another very bad day for oil yesterday and whilst news is still not good it is certainly not as bad as this price suggests. Today is Fed decision day and we are led to believe that another rise is on the cards but f ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Frontera, Solo, Echo, Reabold, RockRose and Finally…
WTI $51.65 +65c, Brent $60.20 +23c, Diff -$8.55 -42c, NG $4.41 -14c Oil Price A small rally yesterday followed by a larger one this morning. Yesterday there was slightly better news on the US/Sino trade front with better vibes from the White House. With Libya now looking to be 400,000 b/d adr ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Reabold, DGO, Lekoil, and Finally…
WTI $50.93 -52c, Brent $58.71 -80c, Diff -$7.78 -28c, NG $4.61 -3c Oil Price Friday was listless, no news had started to come out of G20 so no positions were taken as a result. All is different this morning though as risk is being taken off in most markets. This is for two reasons, firstly th ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Amerisur, Reabold, RockRose, Infrastrata, and Finally…
WTI $53.86 -77c, Brent $62.60 -88c, Diff -$8.74 -11c, NG $4.24 -21c Oil Price With the US closed for Thanksgiving volumes were low, less than half the usual and as expected, volatility was high. The stories about Saudi production are doing the rounds, each time the number goes up a little lik ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, President, Hurricane, Reabold/Upland/United, Providence, Velocys, and Finally…
WTI $59.93 -26c, Brent $70.12 -6c, Diff -$10.19 +20c, NG $3.79 +7c Oil Price The rally that started yesterday morning failed to take any hold and oil prices ended down on the day and today has started weak again. There is little doubt that the December 6th meeting is going to be crucial as th ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Trinity, Sound, Reabold, Columbus, and Finally…
WTI $63.14 -55c, Brent $72.83 -6c, Diff -$9.69, NG $3.28 +5c The blog is coming to you from Cape Town this week as I report from Africa Oil Week, the most important conference for companies and investors across the continent. I will report from presentations made and hopefully interview some of ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, President, Savannah, Sound, Reabold, Eco Atlantic, Afren, and Finally…
WTI $67.33 +51c, Brent $76.89 +72c, Diff -$9.56 +21c, NG $3.20 +4c Oil Price Oil prices rallied modestly yesterday after a mixed set of inventory stats from the EIA. Whilst stocks continued to build, 6m barrels up it wasn't as bad as the API report and products were actually pretty bullish. ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Savannah, SDX, Soco, RockRose, Reabold, Petro Matad, Providence,aAnd Finally…
WTI $70.80 -32c, Brent $78.70 -70c, Diff -$7.90 -38c, NG $2.98 +7c Oil Price As we discussed earlier in the week, the Opec+ meeting occurs on Sunday in Algeria and participants have been doing a bit of pre-meeting position taking. Yesterday it was President Trump and he's not even at the meet ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Frontera Resources, Reabold/Upland, Soco, and Finally…
WTI $68.99 +40c, Brent $78.09 -9c, Diff -$9.10 -49c, NG $2.77 -5c Oil Price Although Brent lost ground on Friday and WTI rose it was the European marker that won out on the week with a gain of $1.26, 2 cents more than WTI. There is not much to add to my Friday piece except that Opec Secretary ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Amerisur, Echo, President, Coro, Reabold, and Finally…
WTI $67.77 -95c, Brent $76.50 -77c, Diff -$8.73 +18c, NG $2.77 -2c Oil Price The inventory stats from the EIA were delayed a day following Monday's Labor Day holiday and those who were surprised by the numbers should have remembered the mantra about it marking the end of the summer driving se ...Malcolm Graham-Wood - Malcy's Blog
Trinity, Solo, Hunting, Reabold
Trinity Trinity has confirmed that it has commenced drilling in its six well onshore campaign by spudding the first well, with two wells already completed the company expects to bring the total of wells drilled this year to eight by the year end. With the fundraising completed the campaign is f ...Malcolm Graham-Wood - Malcy's Blog
WTI $67.73 +82c, Brent $72.81 +74c, Diff -$5.18 -8c, NG $2.94 -1c Oil Price Last week WTI fell a modest 76c and Brent 40c with the EIA inventory stats causing most grief. With a strong dollar and US/Sino and US/Turkish trade wars hotting up downward pressure was exerted but attacks by and on ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Far Ltd, Amerisur, Savannah, Genel, Eco (Atlantic), Reabold Resources, and Finally…
WTI $68.69 -92c, Brent $74.29 -25c, Diff -$5.60 +67c, NG $2.82 +4c Oil Price Oil prices fell on Friday which was quite strange as most market participants including yours truly thought that most influences were positive. After all the geopolitical news was mixed at best, Kuwait joined the Sau ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Savannah Petroleum, Reabold Resources, Cuadrilla/IGas, and Finally…
WTI $68.52 +63c, Brent $73.44 +38c, Diff -$4.92 -25c, NG $2.73 +1c Oil Price A slightly better day yesterday as better than expected Chinese demand numbers and a withering attack by the IMF on Venezuela (economy contracting by 18% this year and 1 million % inflation) steered the market up mod ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, VOG, SDX, Petro Matad, Reabold Resources, Pantheon, and Finally…
WTI $66.64 +28c, Brent $76.74 +86c, Diff -$10.10 +58c, NG $2.96 +2c Oil Price A bit of same old, same old as the market scrabbles for information now only eight days ahead of the Opec meeting. As I mentioned yesterday the meeting of minds today is in Moscow as the big four, Putin, MbS, Novak ...Malcolm Graham-Wood - Malcy's Blog
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