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- Exodus replied Oct 2, 2018
The Brent chart is also interesting, holding above $80 ... at least temporarily image
- Exodus replied May 31, 2018
It is interesting how the Brent:WTI spread has widened. Rising price and WTI tracked Brent minus 2 or 3 dollars. Now that there is a hint of an increase in supply the Brent:WTI spread is $9 more-or-less.
- Exodus replied Apr 27, 2018
Venezuela output has been cut by half, I heard. I suspect this is more to do with political strife than anything else .... so unlikely to be fixed for a while.
- Exodus replied Apr 6, 2018
It is difficult to call at the moment. Oil storage draw-down on this week's figures, you might expect price to rise. Trump opens his mouth and the price goes down.
- Exodus replied Apr 4, 2018
Amerisur sells oil to Shell for $60/bbl "Amerisur made its first complete tanker loading from Esmeraldas on 22 March, loading 350,000 bo aboard M/T Kerala, which was sold to Shell for approximately US$21mm. This revenue has been received by the ...
- Exodus replied Apr 3, 2018
Snatched from the latest finals from Premier Oil.... · Opex of US$16.4/boe, maintaining low cost base
- Exodus replied Mar 14, 2018
In a couple of years UK will be generating 75% power from wind/solar/hydro, and the rest from nuclear and locally sourced gas. However in the past week UK industry was put under a gas consumption warning during a harsh cold weather spell, so any ...
- Exodus replied Mar 14, 2018
The Yen is strong at the moment. That it either risk-off or something that hasn't hit the news wires yet. ....or maybe just some bill-paying for machine tools or whatever.
- Exodus replied Mar 14, 2018
The scenario is: Britain rattles the Russian cage; Ruskis are pissed-off and shut off the gas supply; British power companies dive into spot gas market to keep the lights on. Not necessarily
- Exodus replied Mar 14, 2018
natural Gas: Watch the scuffle over the poisoning in the UK of the Russian double-agent and his daughter. If it gets nasty Putin could meddle and the result might be stronger Gas prices.
- Exodus replied Jan 31, 2018
Right.... if this continues oil is heading down, at least the WTI flavor is url (courtesy FF news ... it is good for something occasionally)
- Exodus replied Jan 26, 2018
Rule 1: know the market Global economy is ticking up, especially Euro-Zone. Oil demand seen rising in India and China. Saudis have finally persuaded the other major producers to stop flooding the market.
- Exodus replied Jan 17, 2018
Brent is heading up again .... may be WTI will follow
- Exodus replied Jan 11, 2018
Oh goody! That will continue to drive my oil company stock holdings, some of which are looking a bit sorry.....
- Exodus replied Jan 10, 2018
Oil price may correct but not by much. First we have to remove the aspects which are driving up the price. - war in the Yemen - discontent in Iran - the loss of that VLCC ship with 1mmbbl now gone up in smoke - Norks being diplomatic with South ...
- Exodus replied Jan 3, 2018
You could be right. I realised this morning why the sudden lift in barrel prices. This thing in Iran is unlikely to go away before some months have passed, and if it gets really ugly then Iran could lose most of its output.
- Exodus replied Nov 20, 2017
There is a view that shale production will turn 'up' as price gets close to $60, so let's see if that clamps the price.
- Exodus replied Nov 6, 2017
This is the correct bull emoji ==>
- Exodus replied Oct 31, 2017
There was a doji yesterday (daily), so it could go either way. Definitely one would not be surprised if it turned down from here..... edit: Brent has already broken above recent highs.