oil price


All posts for oil price

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 1 day 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 3 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 3 days agoOpinion > oil priceRose PetroleumMalcy +3

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 5 days agoOpinion > oilpriceKingdom of Saudi ArabiaSaudi Arabia +4

Pipeline Constraints, Refinery Maintenance Push Western Canadian Crude Oil Prices Lower

Source: U.S. Energy Information Administration, based on Bloomberg L.P. Planned maintenance at several large refineries in the Midwest has decreased the volume of crude oil processed in the region, which has resulted in lower prices of Western Canadian Select (WCS), a crude oil typically pro ...

OilVoice Press - OilVoice


Posted 6 days agoOpinion > EIAEnergy Information Administration EIApipeline +8

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 6 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 9 days agoOpinion > MalcyMalcysMalcy's Blog +6

Stronger Oil and Natural Gas Prices Combined with Development of Shales and Low Permeability Formations Lift U.S. Crude Oil and Natural Gas Proved Reserves to Record Levels in 2017

Stronger oil and natural gas prices combined with development of shales and low permeability formations lift U.S. crude oil and natural gas proved reserves to record levels in 2017 Proved reserves of crude oil in the United States increased 19.5% from year-end 2016, rising to 39.2 billion barre ...

OilVoice Press - OilVoice


Posted 10 days agoOpinion > Oilnatural gasoil price +5

Oil & Gas - A Glitch in the Matrix

Oil & Gas A Glitch in the Matrix Bottom Line: Crude oil prices have plummeted over the last month due to concerns of oversupply and deteriorating demand. We believe that crude oil prices have overshot to the downside and that supply and demand concerns are somewhat overdone; that said, it ...

OilVoice Press - OilVoice


Posted 10 days agoOpinion > BMO Capital MarketsOilCrude oil +1

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 10 days agoOpinion > oil priceIOGIndependent Oil & Gas +9

Low Oil Prices: An Indication of Major Problems Ahead?

Many people, including most Peak Oilers, expect that oil prices will rise endlessly. They expect rising oil prices because, over time, companies find it necessary to access more difficult-to-extract oil. Accessing such oil tends to be increasingly expensive because it tends to require the use of gr ...

Gail Tverberg


Posted 11 days agoOpinion > oil priceOur Finite WorldGail Tverberg +1

Analysis: Trump and Saudi Collision on Oil, and Bingaman’s Return to Santa Fe

In an earlier column, readers overseas benefited from this writer's forecast that crude oil prices would fall dramatically because most commodity traders got it wrong. Simply, this column's analysis was the buying of oil assumed a shortage would result once the sanctions against Iran would be activ ...

Will Fine


Posted 11 days agoOpinion > Senator BingamanBingamanSanta Fe +71

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 12 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 13 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 16 days agoOpinion > MalcyMalcy'sMalcys +6