Independent Oil & Gas


All posts for Independent Oil & Gas

Oil Price, Reabold, Angus, IOG, and Finally…

WTI $46.24 -$3.64, Brent $56.26 -$3.35, Diff -$10.02 +29c, NG $3.84 Oil Price Another very bad day for oil yesterday and whilst news is still not good it is certainly not as bad as this price suggests. Today is Fed decision day and we are led to believe that another rise is on the cards but f ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > oil priceReabold ResourcesAngus Energy +6

Petrofac, President, IOG, Infrastrata, IGas, Cairn/Far, Aminex

Petrofac Trading update from PFC this morning, all in line with expectations, indeed I would venture that this is a pretty good update given where company has come from. The $5bn order intake is impressive giving a backlog of $10.2bn and with over $15bn of tenders out the outlook for 1H 2019 is ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > PetrofacPresident EnergyIOG +10

Oil Price, IOG, Eco Atlantic, Egdon/Europa/Union Jack, and Finally…

WTI $50.29 -$1.27, Brent $58.76 -$1.45, Diff -$8.47 -18c, NG $4.72 +45c Oil Price More grief in the oil markets yesterday as the concerns about the G20 meeting and next week's Opec+ meeting worry the market. Will Putin turn into a low oil price market share bully and will Trump exert so much ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > oil priceIOGIndependent Oil & Gas +9

Oil Price, Independent Oil & Gas, Newco?, and Finally…

WTI $68.59 -$1.78, Brent $78.18 -$1.56, Diff -$9.59 +22c, NG $2.82 -1c Oil Price The wild gyrations in the oil price have been clearly manifested this week as the monthly reports are published and inventory figures show that stocks are still around 3% below five year averages. With crude up a ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 months agoOpinion > oil priceIOGIndependent Oil & Gas +4

Oil Price, SDX Energy, VOG, Faroe, IOG, Upland, and Finally…

WTI $65.46 +45c, Brent $71.43 +67c, Diff -$5.97 +22c, NG $2.91 -3c Oil Price Another up and down day yesterday which finished in the black even though President Trump made another virtue of the strong dollar. News that some Iranian clients such as India, South Korea and Japan are already maki ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 months agoOpinion > oil priceSDX EnergyVOG +8

Oil Price, Range Resources, Solo, Infrastrata, Kosmos, Bahamas Petroleum, IOG, and Finally…

WTI $68.49 -47c, Brent $73.21 -24c, Diff -$4.72 +23c, NG $2.85 +3c Oil Price A touch of drift on Friday ensured that crude was down on the week especially Brent after expiry. The US/China trade wars aren't helping, Unipec has said that it won't buy any more US crude until at least October and ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 months agoOpinion > oil priceRange ResourcesRange Resources Corporation +9

Oil Price, Genel Energy, Independent Oil & Gas, and Finally…

WTI $68.06 -$2.95, Brent $71.84 -$3.49, Diff -$3.78 -54c, NG $2.76 +1c Oil Price Yesterday prices fell sharply with the usual combination of factors, mainly on supply this time weighing down on crude oil. Maybe it was the blog ‘wot did it' as I read this morning that there are worries that th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 10 months agoOpinion > MalcyMalcy'sMalcy's Blog +4

Oil Price, Petro Matad, IOG, and Finally…

WTI $73.85 +5c, Brent $78.07 +96c, Diff -$4.22 +91c, NG $2.83 -3c Oil Price Yesterday it was Brent's time to shine primarily as the Libyan NOC chairman stated that his country's production was ‘falling every day'. With little signs of this impasse being settled it is another blow to world sup ...

Malcolm Graham-Wood - Malcy's Blog


Posted 10 months agoOpinion > oil pricePetro MatadIOG +4

Dr. Daniel Fine: Oil – Before and After the November Election

The Trump Administration is moving towards less royalty rates on Federal land leases, less Bureau of Land Management discretion on Environmental Protection Act obstruction on the Application for Petroleum Drilling process, less coal and nuclear power generation decline, and less oil supply confiden ...

Will Fine


Posted 10 months agoOpinion > Ryan zinkeDonald TrumpPresident Trump +66

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 11 months agoOpinion > MalcyMalcy'sMalcy's Blog +5

Why is Oil Building Up Along China’s Coast?

Crude oil floating storage in China's Shandong province surged by 20 million barrels from late February to early April as an armada of supertankers queued up near the province's coastal refineries to unload their cargoes, satellite images analyzed by Kayrros reveal. A fast-growing energy consumer, ...

Kayrros


Posted 1 year agoOpinion > OilOil and GasChina +9

SDX, ECO Atlantic, IOG

SDX Energy A slight disappointment today for SDX as the KSS-2 well has come in as ‘not a commercial success'. With the well attempting a step out location with directional drilling targeting the upthrown side of the main bounding fault it showed that the fault has isolated the source rock. CEO P ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > SDX EnergyIOGIndependent Oil & Gas +1

Oil Price, VOG, Columbus, Pantheon, IOG, And finally…

  Oil Price As we move towards the end of the year the bulls have the upper hand, marginally. Yesterday it was all about inventories and the numbers were mainly good, crude started well after the API stats, faltered a touch and then rose on the EIA data. For crude the draw was 6.5m b's agains ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > oil priceVictoria Oil & GasVOG +5

Oil price, SDX Energy, President Energy, Savannah Petroleum, Amerisur Resources, Sundry-Petrofac-IOG- And finally…

  Oil price At this rate with crude up modestly this morning the week may end up being flat or even up a touch, news in the market has tugged the price this way and that reflecting diverse sympathies. The downward pressure has come from agencies reporting higher US shale production and today th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > oil priceAmerisur ResourcesPresident Energy +6

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 1 year agoOpinion > oil priceIndependent Oil & GasReabold Resources +1