oil price


All posts for oil price

Oil Price, Genel, Lamprell, Empyrean, and Finally…

WTI $65.07 -78c, Brent $75.08 -26c, Diff -$10.01 +52c, NG $2.90 -5c Oil Price What can I say that hasn't already been said ahead of Friday, and possibly Saturday's Opec meeting? For the first time in a while this will be an ‘unfriendly' meeting as those who can't increase production oppose in ...

Malcolm Graham-Wood - Malcy's Blog


Posted 20 hours agoOpinion > oil priceGenel EnergyLamprell +4

Counting Down to Vienna

  Almost everyone seems to agree that US$80/b – at least in this current environment – is not conducive for the oil business. While oil producing countries are reaping benefits right now, they are also worried that prices sustaining at this level will cause demand destruction in key markets like ...

Easwaran Kanason


Posted 1 day agoOpinion > oil priceViennaDemand +7

EIA Expects Brent Crude Prices Will Average $71 Per Barrel in 2018, $68 Per Barrel in 2019

Source: U.S. Energy Information Administration, Short-Term Energy Outlook In the June 2018 update of its Short-Term Energy Outlook (STEO), EIA forecasts Brent crude oil prices will average $71 per barrel (b) in 2018 and $68/b in 2019. The updated 2019 forecast price is $2/b higher than ...

OilVoice Press - OilVoice


Posted 5 days agoOpinion > EIAEnergy Information Administration EIABrent Crude +3

Oil Price, Sound Energy, Echo Energy, Jersey Oil & Gas, and Finally…

WTI $66.89 +25c, Brent $75.94 -80c, Diff $9.05 -$1.05, NG $2.96 n/c Oil Price Once again prices were very mixed yesterday, even the differential is back into single figures after Brent fell and WTI strengthened. Another very strong day for the dollar didn't help but the terrorist attacks in L ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 days agoOpinion > oil priceSound EnergyEcho Energy +5

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


Posted 6 days agoOpinion > oil priceVictoria Oil & GasVOG +6

Oil Price, Enteq Upstream, Upland Resources, Block Energy, and Finally…

WTI $66.36 +26c, Brent $75.88 -58c, Diff -$9.52 -84c, NG $2.94 -1c Oil Price Well, you can as they used to say, you pays your money and takes your choice with regard to what might happen in the oil market in the run up too and after, the Opec meeting next Friday. Pretty much all options are s ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 days agoOpinion > oil priceEnteq UpstreamUpland Resources +4

Oil Price, Echo Energy, Touchstone Exploration, and Finally…

WTI $66.10 +36c, Brent $76.46 n/c, Diff -$10.36 -36c, NG $2.95 +6c Oil Price The usual pre-Opec cat and mouse position taking kept oil prices virtually unchanged yesterday. The Iraqi Oil Minister reaffirmed the comments I recently published, this time saying that ‘prices need support and stab ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 days agoOpinion > oil priceEcho EnergyTouchstone Exploration +4

Oil Price, Echo Energy, Block Energy, and Finally…

WTI $65.74 -21c, Brent $76.46 -86c, Diff -$10.72 -65c, NG $2.89 -4c Oil Price Oil was down modestly on Friday and pushed it into negative territory for the week, WTI lost just 7c and Brent 33c after the usual ups and downs. There are still opposing forces operating which will likely keep thin ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 days agoOpinion > oil priceEcho EnergyBlock Energy +3

Oil Price, Amerisur, Sound, Ascent, Zenith, Empyrean, and Finally…

WTI $65.95 +$1.22, Brent $77.32 +$1.96, Diff -$11.37 +74c, NG $2.93 +3c Oil Price Oil prices got back down to $65 and $75 so it was time to rally and apart from the strong greenback most of the news was positive. Firstly, news gets worse in Venezuela where PDVSA are apparently not meeting the ...

Malcolm Graham-Wood - Malcy's Blog


Posted 12 days agoOpinion > oil priceAmerisur ResourcesSound Energy +6

Oil Price, Sound Energy, Frontera, SOCO, Echo, Hurricane, Savannah, President, Rose, and Finally…

WTI $64.73 -79c, Brent $75.36 -2c, Diff -$10.63 +77c, NG $2.90 +1c Oil Price Who would be an oil trader with such odd moves that propel WTI and Brent in differing directions even on published data? Yesterday's EIA inventory stats were much worse than the teenage scribblers had predicted with ...

Malcolm Graham-Wood - Malcy's Blog


Posted 13 days agoOpinion > MalcyMalcy'sMalcy's Blog +8

Oil Price, Sound Energy, IOG, Europa Oil & Gas, and Finally...

WTI $64.75 -$1.06, Brent $75.29 -$1.50, Diff -$10.54 -44c, NG $2.93 -3c Oil Price The run in to the Opec meeting on June 22nd has, as I mentioned recently started remarkably early but with 24 seats around the table now and ‘pre-meetings' needed 'twas ever going to be so. The usual five dollar ...

Malcolm Graham-Wood - Malcy's Blog


Posted 15 days agoOpinion > MalcyMalcy'sMalcy's Blog +5

Oil Price, Sound Energy, VOG, SDX, Reabold, Pantheon, Chariot, and Finally…

WTI $65.81 -$1.23, Brent $76.79 -77c, Diff -$10.98 +46c, NG $2.96 +1c Oil Price The greenback was probably as much of an influence on the oil price on Friday as anything else as the economic data all provided ammunition for a rate rise soon and another before the year end. The CFTC data shows ...

Malcolm Graham-Wood - Malcy's Blog


Posted 16 days agoOpinion > oil priceSound EnergyVOG +9

Maduro Wins, PDVSA Loses

Despite presiding over a period when the Venezuelan economy has been imploding – with skyrocketing inflation, rampant corruption and massive food shortages – Nicolas Maduro was re-elected as President last week. In an election branded as a ‘sham' by many in the international community, the result d ...

Hui Shan


Posted 21 days agoOpinion > Oil and Gasoil priceVenezuela +1

Temporary North Sea Shut-ins Increased Disruptions in Global Crude Supply

Kayrros global oil field activity monitoring using advanced data analytics revealed a number of changes in the number of barrels of production lost to disruption during the period from April 30 to May 3: Disruptions in Libya dipped slightly to 118 kb/d. The Elephant field (El-Feel field) remain ...

Kayrros


Posted 1 month agoOpinion > North SeaKayrrosOil +5

The State of the Industry: Q1 2018

  The first quarter of 2018 has proven to be a continuation of an upswing that settled in over 2017, at least according to the financial results of the supermajors. Aggressive cost-cutting from the past paired with a consistent rise in crude prices over the first quarter has contributed to reven ...

Easwaran Kanason


Posted 1 month agoOpinion > Nrgedge articleOil and Gasoil industry +8