Page 53 - Dated Brent News Today

Ben Romney / Kelsey Traynor / James Husband Forward Looking Statements This document includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this document that address activities, events, plans, expectations, objectives or developments that VAALCO expects, believes or anticipates will or may o...

WTI Oil US$64.3/bbl vs US$65.3/bbl yesterday Natural Gas US$2.91/mmbtu vs US$2.93/mmbtu yesterday   Oil Price News  Money managers continue to take a bullish stance in oil futures and options contracts, estimating that oil prices will increase later this year as economies reopen and travel and fuel demand rise In the week to 4 May, hedge funds bought the equivalent of 40MMbbls in both Brent and WTI according to Reuters This was the fourth week in a row in which portfolio managers have added l...

  HOUSTON - May 11, 2021 - VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") today announced that it has entered into crude oil commodity swap agreements for a total of 672,533 barrels at a Dated Brent weighted average price of $66.51 per barrel for the period from and including May 2021 through   The Company is hedging a majority of its 2021 production volumes to protect cash flows which are expected to be used to fund the 2021/2022 drilling program of up to four well...

  This document includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  All statements, other than statements of historical facts, included in this document that address activities, events, plans, expectations, objectives or developments that VAALCO expects, believes or anticipates will or may occur in the future are forward-looking statements.  These st...

Brent Oil Surge Draws Flood of Crude Cargoes Toward Europe May 10 2021, 8:50 PM May 10 2021, 4:31 AM May 10 2021, 8:50 PM (Bloomberg) -- Soaring premiums for North Sea oil have led to an influx of crude cargoes into Europe from exporters throughout the Atlantic Basin. (Bloomberg) -- Soaring premiums for North Sea oil have led to an influx of crude cargoes into Europe from exporters throughout the Atlantic Basin. Producers from countries including Nigeria, Brazil and the U.S. loaded almost 1 mil...

(May 10): Soaring premiums for North Sea oil have led to an influx of crude cargoes into Europe from exporters throughout the Atlantic Basin. Producers from countries including Nigeria, Brazil and the U.S. loaded almost 1 million barrels a day more crude for European buyers last month than they did in March, according to tanker tracking data compiled by Bloomberg. That included a late-April jump in cargoes from terminals in the U.S. Gulf of Mexico. North Sea oil prices have fetched hefty premiu...

  This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR"). Upon the publication of this Announcement, this inside information is now considered to be in the public domain.   TRANSGLOBE ENERGY CORPORATION ANNOUNCES FIRST QUARTER 2021 FINANCIAL AND OPERATING RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2021     Calgary, Alberta, May 7, 2021 - TransGlobe Energy Corporation ("TransGlobe" or the...

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by S&P Global Platts May 6. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now With the Dated Brent benchmark averaging $64.70/b in April, Minas alpha -- or differential -- for the month is minus $2.03/b. For Indonesias other main grades, the April Indonesian Crude Price for Senipah condensate was lowered $2.37/b month on month to $62.88/b, while the April ICP for Belida was down $1.24/b to $62.73/b, according to the notice. The mo...

By Viktor Katona Although it is a very rare occurrence to see Nigerian grades trade at levels stipulated by the Nigerian National Petroleum Company (NNPC) every month, the issuance of its official selling prices generally reflects the market’s current sentiment. Today’s current feeling about Nigerian crudes (and Western African ones generally) is that of weakness. Attesting to the difficulty of placing West African cargoes recently it should be noted that up until mid-April roughly...