Victoria Oil & Gas


All posts for Victoria Oil & Gas

Oil price, Savannah Petroleum, Upland Resources, Link And finally...

  Oil price Yesterday was a little bit like the day after the Lord Mayor's Show, after the Opec meeting and the rollover of the agreement there was a bit of profit taking and for once Brent was hit harder than WTI. That has put the differential back below $5 but that may be because there were ...

Malcolm Graham-Wood - Malcy's Blog


Posted 12 days agoOpinion > oil priceNon-OPECSavannah Petroleum +12

Oil price, Savannah Petroleum, Upland Resources, Link And finally...

  Oil price Yesterday was a little bit like the day after the Lord Mayor's Show, after the Opec meeting and the rollover of the agreement there was a bit of profit taking and for once Brent was hit harder than WTI. That has put the differential back below $5 but that may be because there were ...

Malcolm Graham-Wood - Malcy's Blog


Posted 12 days agoOpinion > oil priceNon-OPECSavannah Petroleum +12

Oil price, Victoria Oil & Gas And finally…

  Oil price The Opec meeting ended up with what everyone expected, a maintenance of cuts through to the end of 2018. There was a modest tip of the hat to Russia by agreeing to a ‘production review' at next June's meeting which may be interesting. There is no certainty that at that stage thing ...

Malcolm Graham-Wood - Malcy's Blog


Posted 16 days agoOpinion > oil priceVictoria Oil & GasOPEC +1

Oil price, Hurricane Energy, Genel Energy, Victoria Oil & Gas, Aminex And finally…

  Oil price As one might have expected the oil price has consolidated at these higher levels. The API stats were not as good as expected and last night's EIA inventories showed a build of 2.2m barrels against expectations of a similar sized draw. Under these circumstances the modest fall was p ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceHurricane EnergyGenel Energy +3

Oil price, Victoria Oil & Gas, Wentworth Resources, And finally...

  Oil price A quietly better day yesterday with comments from Russia who said that compliance is 102% and the Saudis who commented that they would continue to do ‘whatever it takes' to maintain price stability keeping momentum upwards. With the Saudis continuing to cut and most others falling i ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceVictoria Oil & GasWentworth Resources +2

Oil price, JOG, President, Columbus, Petrofac, Wood Group And finally…

  Oil price Oil prices faded at the end of last week for no great reason, TS Nate worried traders who thought that it would take out refining capacity but in the end whilst it was all gong and very little dinner by recent standards. The fundamental news is much more positive, the Putin/Salman t ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > AminexAmerisur Resourcesoil price +15

Oil price, Sound Energy/Coro Energy, Echo Energy, Zenith Energy, Frontera Resources, And finally...

An interesting week in the oil markets, Brent should end it virtually unchanged with WTI off by a dollar or so. Interestingly WTI is now seeing buyers from far and wide, partly as the discount now makes it cheap enough to take to India, China and the Pacific rim. The EIA announced that last week th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > Amerisur ResourcesSound EnergyCoro Energy +8

Oil Price, VOG, JOG, Aminex, Cabot, Podcast, And finally...

  Oil Price At last the price divergence between WTI and Brent is starting to narrow as we head towards the month and quarter end along with Brent expiry. This was mainly to do with the EIA inventory stats yesterday, they showed a draw of 1.85m barrels against expectations of a 3.4m build. We a ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > oil priceVictoria Oil & GasJersey Oil & Gas +3

Oil price, VOG, Faroe, Amerisur, Trinity, Tullow And Finally...

Oil price No blog yesterday, a hugely busy one running around catching up with companies with results as the end of September deadline approaches. The oil price had an equally frenzied day, a number of factors pushed prices higher, indeed Brent closed at a two year peak although this morning p ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > oil priceVictoria Oil & GasFaroe Petroleum +3

Oil price, Victoria Oil & Gas, Hunting, RockRose Energy, Egdon/Europa/Union Jack, And finally…

Oil price Nearly 15% up from the June lows and the oil price continues its bull run although I suspect that with some closing pre the Independence Day holiday today and technical resistance for Brent at $50 we may have seen the short term highs. With the market shut today expect a quiet ride in ot ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > Malcy's BlogVictoria Oil & GasHunting +4

Oil price, Victoria Oil & Gas, Providence, Tullow, President, Sundry-Petrofac-Echo-Ascent-Northern/Cabot-InfraStrata- And finally...

Oil price Another up day for crude, whatever next? Well actually a down day probably as the API stats which came out after the closing bell were rather disappointing showing a build of 851/- barrels when the scribblers had forecast a draw of 2.6m barrels. Gasoline built too, by 1.4m barrels so tod ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > Malcy's BlogVictoria Oil & GasProvidence Resources +8

Oil price, Victoria Oil & Gas, Trinity, Sundry-Thalassa-EnQuest/Cairn-Touchstone-UKOG- And finally…

Oil price Those strange bedfellows of the USA, Nigeria and Libya continue to combine and spook the market and their increased production is making investors wobble. The rig count showed another 11 units on last week and the CFTC data showed a huge cut of 55m barrels to 160m barrels by the ‘money m ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > Malcy's BlogVictoria Oil & GasTrinity Exploration & Production +5

Oil price, Trinity, Sundry-VOG-FOG-EOG-NOP-Gulfsands- And finally…

Oil price A very mixed market at the moment as shown by movements yesterday. Do they ever learn is the watchword as yet again the teenage scribblers on the Strasse completely missed the point. I read one report that suggested that it was difficult to understand why there was a build in product sto ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 months agoOpinion > Malcy's BlogTrinity Exploration & ProductionVictoria Oil & Gas +4

Oil price, Victoria Oil & Gas, Range Resources, Ascent Resources, And finally...

Oil price Definitely a pre-holiday sort of day in crude markets yesterday, marked down from the start as traders were unwilling to carry too many long positions over the weekend, even the better than expected inventory stats couldnt revive the patient. An increase in US production started it all b ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 months agoOpinion > Malcy's BlogVictoria Oil & GasRange Resources +1

Oil price, Amerisur, Sundry delayed comment-Sound-VOG-Premier-BLVN-Faroe-Cape-Savannah-Pantheon-President-And finally…

Oil price Yesterday was the first up day for over a week as inventories came to the rescue and various reports were a tad more bullish about the market stocks position. The EIA reported a small draw of 237/- barrels in crude oil against market guesses of a build of 3.3m or more, and the position ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 months agoOpinion > Malcy's BlogAmerisur ResourcesSound Energy +7