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Oil price, Tower Resources, UOG/Prospex. And finally

Oil price The oil price fall continued yesterday as Chinese data in particular oil imports disappointed markets. Oil imports were 9.7m b/d in July, the...

Njonji , Sud-ouest , Cameroon , China , Italy , United-states , Hungary , Egypt , Italian , America , Chinese , Podere-gallina

Malcy's Blog - Oil price, Serica, Longboat, Pharos, Hurricane, Zephyr, Lekoil, Decklar. And finally…

Oil price Oil is doing nothing as the reporting agencies come in with their monthly reports, even a decent set of inventory stats seemed to be ignored...

Norway , Nigeria , Abu-roash , Egypt-general , Egypt , Phu-khanh , Khá-hòm , Vietnam , Republic-of , Edgbaston , Birmingham , United-kingdom

Oil price, Challenger, Predator, VOG, Hurricane. And finally

Hurricane has announced that it has resolved not to exercise its option to extend the bareboat charter of the Aoka Mizu FPSO for a period of three...

New-york , United-states , Palo-seco , Saint-patrick , Trinidad-and-tobago , Ram-head , Waterford , Ireland , Azerbaijan , Morocco , Saudi-arabia , Celtic-sea

Savannah Energy


Savannah Energy
Savannah has  announced that, it is in advanced exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon. The RNS came out after the blog was published and to be honest doesn’t give much detail save that Andrew Knott’s ambitions remain undiminished. 
Savannah Energy
Savannah has  announced that, it is in advanced exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon. The RNS came out after the blog was published and to be honest doesn’t give much detail save that Andrew Knott’s ambitions remain undiminished. 

Chad , Cameroon , Andrew-knott , Doba-oil , Exxon , Exxonmobil-corporation , Savannah-energy , Proposed-acquisition , Doba-oil-project , Seven-energy , The-pay-zone , Olumn

Oil price, Predator, San Leon. And finally…


Oil price, Predator, San Leon. And finally…
Predator has announced results for 2020,highlights as follows. Loss from operations of £1,689,521 (2019: Loss of £1,279,243), cash balance at period end of 2020 £1,325,75 (2019: £109,716) with restricted cash of USD1,500,000 (USD1,500,000 for the period ended 31 December 2019).
WTI $66.85 +64c, Brent $69.46 +59c, Diff -$2.61 -5c, NG $2.96 -2c, UKNG (July) 60.51p -3.49p
Oil price
Another up day yesterday and with it up a few pennies this morning it looks like the week, and incidentally likely the month, will be around 3 1/2 bucks higher with the US leading the way. Further good economic data from over the pond includes the recent GDP news with the quarterly 1.6% growth and fall in jobless numbers both indicating that the economy may be running hot after all.

New-york , United-states , Niger , Nigeria , Trinidad-and-tobago , Morocco , Indianapolis-motor-speedway , Indiana , Guercif , Taza-al-hoceima-taounate , Ireland , France

Malcy's Blog - Oil price, Chariot, UJO/Reabold, Serica, Hurricane, Touchstone. And finally…


Malcy's Blog - Oil price, Chariot, UJO/Reabold, Serica, Hurricane, Touchstone. And finally…
Oil price
A rapid about turn from the oil price yesterday, the US seemed to indicate that the Iran deal was ‘not that far down the road yet’ which settled the bulls and also data from them and the UK was more positive. As well as that the US recorded air passenger levels of 2m and reported a big increase in mainly domestic travel although corporate and international numbers were slowly rising.
Oil price, Chariot, UJO/Reabold, Serica, Hurricane, Touchstone. And finally…
WTI $66.05 +$2.47, Brent $68.46 +$2.02, Diff -$2.41 -45c, NG $2.89 -2c, UKNG 63.3p +0.55p

Ortoire , Victoria , Trinidad-and-tobago , West-newton , Northumberland , United-kingdom , Iran , London , City-of , Morocco , Trinidad , Stephen-williams

Oil price, Afentra, Getech. And finally…

Not much is changing to be honest, the US figures continue to impress and the virus problems in India are thought to be transient. Janet Yellen made a...

India , United-kingdom , London , City-of , Gulf-of-mexico , Oceans-general , Oceans , North-sea , Janet-yellen , Jonathan-copus , Jeff-macdonald , Paul-mcdade

Oil price, IOG, United O&G. And finally…


Oil price, IOG, United O&G. And finally…
Oil is very much in the doldrums, last week WTI was down by 99 cents and Brent by 66c, the Opec+ meeting on Wednesday may have not much to do. Overnight India noted another 350,000 Covid cases which is awful and its 12.5% GDP growth maybe for another day.
Having said that in the US many more people are venturing out and without masks and the economy is seriously on the move.
WTI $62.14 +71c, Brent $66.11 +71c, Diff -$3.97 u/c,  NG $2.73 -2c, UKNG 51.25p +0.1p
Oil price
Oil is very much in the doldrums, last week WTI was down by 99 cents and Brent by 66c, the Opec+ meeting on Wednesday may have not much to do. Overnight India noted another 350,000 Covid cases which is awful and its 12.5% GDP growth maybe for another day.

India , Netherlands , Egypt , United-kingdom , Schiedam , Zuid-holland , Italy , Southwark , Jamaica , Libya , Italian , Jamaican

Malcy's Blog - Oil price, Coro Energy, i3 Energy

And finally… In the Prem last night the Seagulls went down 1-2 to the Eagles in the M23 derby, tonight’s fixture is Leeds hosting the Saints. In the...

Ahmedabad , Gujarat , India , United-states , Indonesia , Canada , United-kingdom , Texas , Indonesian , Canadian , British , Jerome-powell