Oil Price, SDX, Faroe, Frontera, and Finally…
WTI $50.42 -$4.21, Brent $58.80 -$4.68, Diff -$8.38 -36c, NG $4.31 -14c Oil Price Another bad day on the oil market as investors worried about a number of things. In addition to a growing supply imbalance which is (correctly) perceived to be running into 2019 the concerns about Chinese demand ...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, Egdon, Europa, Union Jack, and Finally…
WTI $54.63 +$1.20, Brent $63.48 +95c, Diff -$8.85 -25c, NG $4.45 -7c Oil Price Oil rallied yesterday but still feels like a weak market. With the Thanksgiving holiday today and ‘Black Friday' tomorrow trade will be slim and may accentuate unusual price movements ahead of the Opec+ meeting, no ...Malcolm Graham-Wood - Malcy's Blog
Malcolm Graham-Wood - Malcy's Blog
Oil Price, Ineos, Sound Energy, and Finally…
WTI $56.46 n/c, Brent $66.76 +14c, Diff -$10.30 +14c, NG $4.27 +23c Oil Price Not much more to add really, after the crashing falls earlier in the week the modest rally at the end still left WTI down $3.73 on the week and Brent down $3.42. Markets are poor and with a strong dollar providing h ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Empyrean Energy, and Finally…
WTI $56.46 +21c, Brent $66.62 +50c, Diff -$10.16 +29c, NG $4.04 -80c Oil Price Hardly a word to say this morning after eight companies in the blog yesterday, the and finally might be the longest part! Interestingly the oil price was up yesterday in spite of what looked like awful EIA invento ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Sound, Echo, Zenith, Faroe/Cairn, Premier, Wentworth, Enteq, and Finally…
WTI $56.25 +56c, Brent $66.12 +65c, Diff -$9.87 +9c, NG $4.84 +74c Oil Price A modest rally in crude yesterday but at one stage it was way better, a two dollar rise was eaten into and although today is better again there is little trust in the commodity at the moment. Having said that, word c ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Faroe Petroleum, Jersey Oil & Gas, and Finally…
WTI $55.69 -$4.24, Brent $65.47 -$4.65, Diff -$9.78 -41c, NG $4.10 +31c Oil Price Another bad day at the office, primarily led by the Opec monthly report which cut demand forecasts, even the much touted 100m b/d demand figure has been pushed back to 3Q 2019. The Opec meeting is 3 weeks tomorr ...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, Rockhopper, Jersey Oil & Gas, Zenith Energy, and Finally…
WTI $60.19 -48c, Brent $70.18 -47c, Diff -$9.99 +1c, NG $3.72 +18c Oil Price Another poor week for oil, after what was intended to be a good start with sanctions coming into place on Monday there were more waivers than expected from the US who weren't as brutal as they had threatened to be. W ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Far, Infrastrata, Empyrean, and Finally…
WTI $60.67 -$1.00, Brent $70.65 -$1.42, Diff -$9.98 -6c, NG $3.54 -1c Oil Price Sometimes its the b obvious that doesnt sink in as quickly as it should….Way before November 5th the Iran situation was in the price and when the US were a touch more generous to buyers of their crude this week fu ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Africa Oil Week, Plexus, and Finally…
WTI $61.67 -54c, Brent $72.07 -6c, Diff -$10.04 +48c, NG $3.56 n/c Oil Price Oil prices diverged a touch yesterday, WTI was hit by a combination of higher domestic production numbers and an inventory number that showed stocks rising by 5.8m, well above expectations. Brent performed better and ...Malcolm Graham-Wood - Malcy's Blog
Oil Price, Africa Oil Week, Tower Resources, and Finally…
WTI $62.21 -89c, Brent $72.13 -$1.04, Diff -$9.92 -15c, NG $3.56 Africa Oil Week Blog Africa Oil Week continues with an excellent turn out of companies and good speakers at the rostrum. Indeed whilst yesterday concentrated on country presentations, new ventures and over 15 NOC's appearing, to ...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
Rose Petroleum Rose has announced that it has received approval from the US BLM to drill the GV22-1 well within the company's Paradox acreage in Utah. The well is located on the new leases acquired in March 2018 and where 3D seismic was completed in December 2017. Rose plans to drill this well ...Malcolm Graham-Wood - Malcy's Blog
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