Malcys


All posts for Malcys

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

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

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

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

Oil Price, Reabold, DGO, Lekoil, and Finally…

WTI $50.93 -52c, Brent $58.71 -80c, Diff -$7.78 -28c, NG $4.61 -3c Oil Price Friday was listless, no news had started to come out of G20 so no positions were taken as a result. All is different this morning though as risk is being taken off in most markets. This is for two reasons, firstly th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 12 days agoOpinion > oil priceReabold ResourcesDGO +6

Oil Price, Tullow/Eco, Providence Resources, and Finally…

WTI $51.45 +$1.16, Brent $59.51 +75c, Diff -$8.06 -41c, NG $4.65 -5c Oil Price A better day yesterday although my trading friends say that to start with it looked like another melt, WTI traded sub $50 and looked dead and buried until someone found a quote from a sundry Russian saying that the ...

Malcolm Graham-Wood - Malcy's Blog


Posted 15 days agoOpinion > MalcyMalcysMalcy's Blog +6

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 16 days agoOpinion > oil priceIOGIndependent Oil & Gas +9

President Energy, Pantheon Resources, Eco Atlantic

President Energy President has announced the completion of the acquisition of interests in the Rio Negro Province in Argentina. The purchase price is $9.9m of which $8.7m was paid yesterday the rest to be paid in 12 months time from operational cash flow. This has been financed partly through an ...

Malcolm Graham-Wood - Malcy's Blog


Posted 17 days agoOpinion > President EnergyPantheon ResourcesEco Atlantic +5

Oil Price, Rose, President, IGas, Faroe, Petro Matad, Lamprell, and Finally…

WTI $51.63 +$1.21, Brent $60.48 +$1.68, Diff -$8.85 +47c, NG $4.25 -6c Oil Price Seems like a long blog but some comments are just well spuds and a couple that didn't get in yesterday due to time constraints. The oil price rallied yesterday for the usual host of reasons. It was rumoured that ...

Malcolm Graham-Wood - Malcy's Blog


Posted 18 days agoOpinion > oil priceRose PetroleumPresident Energy +8

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


Posted 19 days agoOpinion > MalcyMalcysMalcy's +6

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


Posted 22 days agoOpinion > MalcyMalcy'sMalcys +6

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


Posted 23 days agoOpinion > MalcyMalcysMalcy's +6

Amerisur, Aminex, Solo

Amerisur A corporate and operational update from AMER today in which the company announces the acquisition of the outstanding WI in the Mecaya contract bringing the company to 100% and operator. A much more sensible set of obligations mean that AMER no longer have random payments but more aligne ...

Malcolm Graham-Wood - Malcy's Blog


Posted 23 days agoOpinion > MalcyMalcysMalcy's +4