oil price


All posts for oil price

What Brexit means for Nigeria

Speaking in Nigeria last week, the British High Commissioner to Nigeria, Paul Thomas Arkwright , was very keen to remind us of what Britain had done – and continues to do – with Nigeria. As Britain begins to negotiate a messy exit from the European Union, what seemed in part as a sales pitch to the ...

Bayo Okoya - Delta Analytics Lagos


Posted 17 days agoOpinion > BrexitNigeriaEmbassy +4

How are Upstream Oil & Gas companies succeeding in this volatile and highly competitive environment?

The ‘lower for longer' oil price has forced upstream Oil & Gas companies to look hard at their costs. Every industry faces pressure to transform and we all know that transformation begins by aligning an organisation for greater effectiveness. We also know that this can largely be achieved by pla ...

Marcus Kelly - TouchstoneEnergy


Posted 17 days agoOpinion > TouchstoneSOCO Internationaloil price +6

Why Oil & Gas Companies should be conducting yearly process reviews

Don't let another year go by without taking action to improve your existing financial and business processes During the initial stages of many software implementations and software review projects, TouchstoneEnergy frequently recommends that our clients & prospects engage in a Business & Systems ...

Marcus Kelly - TouchstoneEnergy


Posted 23 days agoPress > TouchstoneExploration and ProductionBusiness Process +7

Seven Energy International streamlines their process controls with the help of TouchstoneEnergy

Manual Business Processes Slowing Business Expansion Less than half of all international Oil & Gas companies are using automated business processes. Why..? Because most Finance and IT leaders are unable to deliver automation due to a lack of investment in enterprise systems and a reluctance to ...

Marcus Kelly - TouchstoneEnergy


Posted 1 month agoPress > TouchstoneexplorationProduction +7

Oil price, Rockhopper, Sound Energy, And finally…

Oil price A mixed day yesterday, it might have been worse as the EIA inventory stats were worse than forecast at a build of 4.95m barrels against expectations of +1.77m. Crude did stage a late comeback which saved the day to a certain extent. More on the OGA licences later when I have looked at th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > Malcy's BlogRockhopper ExplorationSound Energy +1

An OPEC Deal Extension Isn't As Simple As It Sounds

It's been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by OPEC to rebalance the market. The deal--initially aired as ‘an agreement to agree on a deal' in September and signed at the end of Nove ...

Oilprice Staff


Posted 1 month agoOpinion > oil priceOPEC

Oil price, Tullow, IGas, Range Resources, Sundry-BP/Ineos- And finally…

Oil price All quiet on the oil price front although the IEA report was marginally positive suggesting that Opec were at 98% 0f quotas and although they cut their world oil demand growth for this year a touch. The main supporter of the Opec output fall is the KSA who are leading by example having r ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceMalcy's BlogIGas +3

Bridging the gap between ETRM (Energy Trading Risk Management) and back office accounting, tax, reporting and financial controls

Providing efficient and reliable back office accounting for the commodity trading industry. TouchstoneEnergy bridges the gap between ETRM (Energy Trading Risk Management) and back office accounting, tax, reporting and financial controls. By providing multi-dimensional analytics, multi-currency a ...

Marcus Kelly - TouchstoneEnergy


Posted 1 month agoPress > Commoditiescommodity tradingTouchstone +9

Oil Prices Plunge: Over-Reaction or Turning Point?

Oil prices plunged yesterday. Is this an over-reaction or a turning point? WTI futures fell $2.86 from $53.14 to $50.28 per barrel, and Brent futures dropped $3.81 from $55.92 to $52.11 per barrel. WTI is trading below $49 and Brent, below $52 per barrel at this writing. The apparent cause was a ...

Art Berman - The Petroleum Truth Report


Posted 1 month agoOpinion > Art Bermanoil price

Oil price, Cairn, Sound Energy, Providence, Sundry-EOG-Aminex-Northern Petroleum- And finally...

Oil price Still not much going on, the Saudi Oil Minister said that he sees the oil market ‘improving' but then he would, wouldn't he? The market is waiting on more Chinese data today and on the subject of data the API inventory stats showed a substantial build of 11.6m barrels which should that b ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceCairn EnergySound Energy +4

Is A Second OPEC Cut On The Cards?

OPEC's coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. But resurging U.S. shale has been capping the upside, and Brent has not breached US$58 pe ...

Oilprice Staff


Posted 1 month agoOpinion > oil priceOPEC

Oil price, AMEC/FW, Cairn/Far, And finally…

Oil price Markets are quieter than normal, not sure why, cant see that lot at CERA week can you? The Iraqi Oil Minister said yesterday that if there was a 2H rollover of the Opec agreement, and there probably would be, then his country would participate. Elsewhere the IEA suggested that US shale p ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > Malcy's Blogoil priceAMEC +3

The Secret Wealth Of The World's Richest Oil Billionaires

A policy of nationalizing chunks of an economy inevitably creates oligarchs who skim profits off the country's natural resources. As such, you won't be surprised to learn that the largest energy companies in the world are owned and operated by governments, and they include: Saudi Aramco, Russia ...

Oilprice Staff


Posted 1 month agoOpinion > oil pricewealthbillionaire

Oil Majors' Costs Have Risen 66% Since 2011

The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. Oil prices have stabilized and the cost cutting measures implemented over the past three years should allow companies to turn a profit even though crud ...

Oilprice Staff


Posted 1 month agoOpinion > oil priceCosts

Webinar: Automating your supplier onboarding process

EnergyFlow allows organisations in the Energy Sector to streamline their operational processes by automating, executing, and monitoring business processes from beginning to end, with a simple, easy to use web interface.  Integrated analytics also increases visibility by delivering extensive reporti ...

Marcus Kelly - TouchstoneEnergy


    GB 23 Mar 2017


Posted 1 month agoEvent > Touchstonefree webinarwebinar +7