Latest Opinions


Oil Price, DGO, Block Energy, and Finally…

WTI $52.58 +$1.43, Brent $61.45 +1.30, Diff -$8.87 -13c, NG $4.12 -1c Oil Price It looks like the oil price will be roughly even on the week, today it is down a touch on the poor Chinese economic data but the better than expected inventory data from the API, EIA and Genscape have also shown s ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 day agoOpinion > MalcyMalcysMalcy's Blog +5

For One Week in November, the U.S. Was a Net Exporter of Crude Oil and Petroleum Products

Source: U.S. Energy Information Administration, Weekly Petroleum Status Report During the week ending November 30, 2018, the United States exported more crude oil and petroleum products than it imported for the first time in weekly data going back to 1991. From November 24–30, the United S ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > USAUnited StatesExporter +4

EPA Finalizes Renewable Fuel Standard for 2019, Reflecting Cellulosic Biofuel Shortfalls

Source: U.S. Energy Information Administration, based on U.S. Environmental Protection Agency's Renewable Fuel Standard program On November 30, 2018, the U.S. Environmental Protection Agency (EPA) issued a final rule for the 2019 Renewable Fuel Standard (RFS) program , with the total U.S. ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > EPAEIAEnergy Information Administration EIA +2

Brazil’s 2019 Bidding Round on Transfer of Rights Areas Expected to Generate an Exceptional Revenue for the Government, says GlobalData

Following discussions in Brazil's congress and government for agreeing on terms of the planned bidding round, Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the upstream sector: “The issue right now is to hav ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > BrazilBidding RoundGlobalData +2

South Korea Stopped Importing Condensate From Iran Before Receiving Sanctions Waivers

Source: U.S. Energy Information Administration, based on ClipperData, LLC South Korea, the world's leading importer of condensates , has sought alternatives to partially offset declines in imports of Iranian condensates during the past few months, particularly in light of U.S. sanctions on Ir ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > South KoreaEIAEnergy Information Administration EIA +2

Oil Price, Frontera, Solo, Echo, Reabold, RockRose and Finally…

WTI $51.65 +65c, Brent $60.20 +23c, Diff -$8.55 -42c, NG $4.41 -14c Oil Price A small rally yesterday followed by a larger one this morning. Yesterday there was slightly better news on the US/Sino trade front with better vibes from the White House. With Libya now looking to be 400,000 b/d adr ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 days agoOpinion > oil pricefrontera resourcesSolo Oil +7

November U.S. Natural Gas Prices Increased Beyond Previous Market Expectations

Source: U.S. Energy Information Administration, based on Thomson Reuters On November 23, the natural gas spot price at the Henry Hub in Louisiana was $4.70 per million British thermal units (MMBtu), the highest price since a temporary spike in January 2018, and before that, the highest price s ...

OilVoice Press - OilVoice


Posted 3 days agoOpinion > United StatesNatural Gas Pricenatural gas +3

Oil Price, Amerisur, Coro, Range, Aminex, Jadestone, and Finally…

WTI $52.61 +$1.12, Brent $61.67 +$1.61, Diff -$9.06 +49c, NG $4.49 +16c Oil Price Well it was at least a deal and one that markets liked, just about. Closing prices were well off the top showing that even 1.2m b/d off the market is no guaranty of returning to recent price levels. It looks lik ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 days agoOpinion > MalcyMalcysMalcy's +7

Oil Price, President, Sound, Ophir, Premier, Tower and Finally…

WTI $51.49 -$1.40, Brent $60.06 -$1.50, Diff $8.57 -10c, NG $4.33 -14c Oil Price Markets don't like uncertainly and that is what they are getting at the moment. Opec met yesterday and unusually didn't have an agreement ready to go partly as they couldn't agree exactly what to say. Today Opec ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 days agoOpinion > MalcyMalcysMalcy's +7

Rystad Energy: All Eyes on Vienna

The OPEC + countries must cut 2019 supply growth by 1.5 million bpd if they want oil prices back above $70 next year. US production at $50 WTI levels would remove only 0.4 million bpd of the looming 1.5 million bpd surplus in the balances that Rystad Energy forecasts for 2019 in a status quo scena ...

OilVoice Press - OilVoice


Posted 9 days agoOpinion > Rystad EnergyOPECVienna +2

Oil Price, Rose Petroleum, and Finally…

WTI $52.89 -36c, Brent $61.56 -52c, Diff -$8.67 -16c, NG $4.47 +1c Oil Price The day of the Opec+ meeting has arrived with seemingly little consensus but for a general agreement that production cuts are necessary. I suspect that this will be one of those meeting outcomes that will be some sor ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 days agoOpinion > oil priceRose PetroleumMalcy +3

Faroe, Eco Atlantic, Infrastrata

Faroe Petroleum Faroe has announced a Norwegian asset swap with Equinor, it trades out of all interests in the Njord and Hyme redevelopments and the Bauge development assets in return for four production assets on the Norwegian continental shelf being Alve, Marulk, Ringhorne East and Vilge. The ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 days agoOpinion > Faroe PetroleumFaroeEco Atlantic +6

Shell’s Sale of Draugen and Gjøa Fields a Sign of Shifting Times in the Region, says GlobalData

Following the news (Friday 30 November) of Royal Dutch Shell subsidiary A/S Norske Shell completing a deal to exit its operated interest (44.56%) in the Draugen oil field and its non-operated interest (12%) in the Gjøa gas field, offshore Norway, further signifies portfolio rebalancing and divestme ...

OilVoice Press - OilVoice


Posted 11 days agoOpinion > ShellRoyal Dutch ShellDraugen +7

The Saudi Dilemma: To Cut Or Not To Cut

By Irina Slav for Oilprice.com To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year's December OPEC meeting. It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 million barrels d ...

Oilprice Staff


Posted 11 days agoOpinion > oilpriceKingdom of Saudi ArabiaSaudi Arabia +4

Now, where was the turbulence?

  A good flight is the one that is on time and has not been whipped around by turbulence. Here Swedish AVTECH comes into the picture with its advanced technology to predict invisible turbulence and bad weather. It's the only weather service on the market based on the high definition weather data fr ...

INS Industrial News Service - INS Industrial News Service


Posted 11 days agoOpinion > AVTECH
Last fetch 12/16/2018 4:07:06 AM