Monday, January 22, 2018

Part 1Two things are certain in 2018 in the oil markets. In June, OPEC will convene in Vienna where it will announce that the global oil markets are almost in balance,...

“Concerns still remain with respect to the response of U.S. shale oil to higher oil prices.  However, the shale hype seems to be over, with CEO's and management teams being held...

 Oil PriceOil continued its rally yesterday but not before a shaky start when Ineos announced that the Forties pipeline would be repaired by Christmas and restarted in full in January. The...

There have been four major modern oil price collapses: 1986, 1998, 2008, and the most recent in 2014. Most market watchers agree that prices will fall in January 2018, but could...

 Oil PriceAs we move towards the end of the year the bulls have the upper hand, marginally. Yesterday it was all about inventories and the numbers were mainly good, crude started...

Market WatchHeadline crude prices for the week beginning 18 December 2017 – Brent: US$63/b; WTI: US$57/b- Suspension of a planned strike of Nigeria's Pengassan oil union eased prices back, although talks...

A Guest Post by David Archibald The views expressed in this post are those of the author alone. This assessment is based on the data in the 2017 BP Statistical Review of World...

Ron’s a little hard headed in his old age, just like me, lol, and not apt to change his mind about human nature. Neither am I , although I’m a...

 Oil priceAs the market quiets down ahead of the holiday a couple of bullish factors emerge, on the geopolitical front the stakes are rising in the Yemen as yesterday the KSA...

 Oil priceMixed fortunes yesterday, Brent rallied when the Nigerian strike was announced and even when it appeared to be off, still gained on the day. I expect more strike action into...
- Advertisement -