oil price


All posts for oil price

Oil Charts Showing Extreme Paradoxes

Technical analyst Clive Maund discusses the conflicting signals from oil's price chart and from the COT and Hedgers' charts. It's a good time to take an updated look at oil, because the paradoxes we observed regarding gold and silver, which we looked at in yesterday's new Gold and Silver Ma ...

OilVoice Press - OilVoice


Posted 14 hours agoOpinion > oil priceLight CrudeCOT

Oil price, BP/Cairn/Far, Amerisur, Sound, SDX, Serica And finally…

  Oil price A quiet day in the oil bourses in which the problems being encountered by Mrs Merkel meant that the market ended in a listless and slightly concerned manner. This morning the market is up by around 30c, again on very little news. As we run up to the Opec meeting there will be the us ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 day agoOpinion > BPoil priceAmerisur Resources +7

Oil price, SDX Energy, Zenith Energy, Wood Group, Sundry-Conoco-IR pay?, And finally…

  Oil price With a decent rally on Friday the falls on the week were almost negated, WTI was down 19c and Brent 79c by Friday's close which could have been worse. After all it was the IEA vs Opec reports week, I know who I would hire to write a life saving piece of work and the inventory stats ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 days agoOpinion > oil priceSDX EnergyZenith Energy +5

Oil price, Parkmead, Zenith Energy, Cairn And finally…

  Oil price The end of a bad week for the oil price as a combination of indifferent inventory stats, belligerent Russians an IEA report that didnt square with Opec's and topped off by Saudi Oil Minister Khalid al-Falih suggesting that world inventories wouldn't be below their five year average ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 days agoOpinion > oil priceParkmead GroupParkmead +5

Oil price, President Energy, Wentworth Resources, Premier Oil And finally…

  Oil price More drift yesterday as the Russians play a little politics, odd that…Oil Minister Novak held a meeting with Russian oil companies yesterday and the vibes from the meeting were in some quarters, oil is now $60 do we need to extend the agreement this month? Although they might be ‘ ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 days agoOpinion > oil pricePresident EnergyWentworth Resources +3

Transportation Constraints and Export Costs Widen The Brent-WTI Crude Oil Price Spread

Source: U.S. Energy Information Administration, Short-Term Energy Outlook In its November Short-Term Energy Outlook (STEO), EIA forecasts the price difference between West Texas Intermediate (WTI) crude oil priced at Cushing, Oklahoma, and Brent, the global crude oil price benchmark, to ...

OilVoice Press - OilVoice


Posted 7 days agoOpinion > United StatesEIAEnergy Information Administration EIA +5

Oil price, Savannah Petroleum, Ascent Resources And finally…

  Oil price Oil bears were out in force yesterday waving copies of the IEA monthly report as if the agency rarely got anything wrong. As long term readers know, my view is that this expensive research company should do what the industry has been doing for some time and that is at least halving ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 days agoOpinion > oil priceSavannah PetroleumAscent Resources +4

Oil price, Savannah Petroleum, Ascent Resources And finally…

  Oil price Oil bears were out in force yesterday waving copies of the IEA monthly report as if the agency rarely got anything wrong. As long term readers know, my view is that this expensive research company should do what the industry has been doing for some time and that is at least halving ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 days agoOpinion > oil priceSavannah PetroleumAscent Resources +5

Oil price, Range Resources, Wentworth , Touchstone, Empyrean, Sundry GE-Shell, And finally…

  Oil price The latest Opec report is so bullish that people can hardly believe their eyes, demand for their crude this year is up 200/- b/d and for next year by 400/- b/d. This would give overall demand for 2018 at 33.4m b/d with a second half of as much as 34m b/d, put into context Opec is cu ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 days agoOpinion > oil priceRange ResourcesWentworth Resources +6

Oil price, SDX Energy, Amerisur Resources, Trinity E&P And finally…

  Oil price Despite the EIA inventory stats disappointing slightly and the rig count showing a rise of 9 oil units, the oil price acquitted itself fairly honourably last week. WTI gained $1.10 and Brent $1.45 which we can probably put down to geopolitical events. With the MbS round up continuin ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 days agoOpinion > oil priceSDX EnergyAmerisur Resources +2

Oil price, Independent Oil & Gas, Reabold Resources And finally…

  Oil price Oil news yesterday was again mainly concentrated on Saudi Arabia who started giving details about the round up over the last few days. Apparently over 200 people have been brought in and over $100bn of missing public funds are being investigated. It looks like there is a link to th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 12 days agoOpinion > oil priceIndependent Oil & GasReabold Resources +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 13 days agoOpinion > oil priceHurricane EnergyGenel Energy +3

Oil price, Amerisur, Aminex, Union Jack/Egdon And finally…

  Oil price Oil was up over a dollar on friday making the best part of two on the week, another 50c rise this morning is getting people worked up about new highs and even big figures. My year end target of $60 for Brent was looking pretty sorry for itself back in June but I didnt change it th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 16 days agoOpinion > oil priceAmerisur ResourcesAminex +3

Oil Poised to Break Key Resistance

Technical analyst Clive Maund describes the ways in which oil is positioned to rally. In the last Oil Market update posted on Oct. 23, we observed oil's intrinsic strength, and how it looked like it was building up to break out of its giant, complex, Head-and-Shoulders (H & S) bottom. We were ...

OilVoice Press - OilVoice


Posted 16 days agoOpinion > oil priceSW Reports

Oil price, President Energy, Ascent Resources, Far Limited, And finally…

  Oil price A sluggish start yesterday for the oil price, the inventory stats were fine but the API had taken the kudos the day before so it was a bit like after the Lord Mayor's Show. Having said that both the KSA and Russia talked the talk in comments and interviews and there is clearly serio ...

Malcolm Graham-Wood - Malcy's Blog


Posted 19 days agoOpinion > oil priceAscent ResourcesPresident Energy +1