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Showing posts with label brent futures. Show all posts
Showing posts with label brent futures. Show all posts
Tuesday, September 10, 2024

$80 is looking like Brent's price ceiling not the floor

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The second day of the fresh trading week has heaped yet more misery on the oil market. Its the same story as the last week - of declines alo...
Friday, March 06, 2020

OPEC+ talks collapse; oil futures tank

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The Oilholic had to leave OPEC HQ prior to the conclusion of a rather fractious OPEC+ meeting which resulted in no agreement being reached ...
Saturday, September 21, 2019

Why drone attacks on Saudi Aramco haven’t sparked sustained oil price spike

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The Oilholic returned from researching enhanced oil recovery in rural Pennsylvania on Friday (September 13), only to wake up to a tumultuou...
Friday, December 08, 2017

Medium term oil forecast unaltered by OPEC & non-OPEC action

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One week on from OPEC and non-OPEC producers' decision, to roll over their ongoing oil production cuts of 1.8 million barrels per day...
Saturday, August 15, 2015

Resisting $40/bbl, Russia & some ‘crude’ ratings

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Following two successive week-on-week declines of 6% or over, last Friday’s close brought some respite for Brent oil futures , although t...
Thursday, November 27, 2014

Internal wrangles see OPEC quota left at 30mbpd

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Some wanted a production quota cut; others didn’t and in the end it all bottled down to what the Saudis wanted – a rollover of the level ...
Friday, June 20, 2014

Final ‘crude’ thoughts from 21 WPC Moscow

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The 21st World Petroleum Congress came to a close last evening at the mammoth Crocus Expo Center in Moscow, and its almost sundown here a...
Saturday, March 30, 2013

End of Q1 2013 trade @ CBOT & hot air on shale

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As trading came to a close for Q1 2013 at the Chicago Board of Trade (CBOT) on Thursday afternoon, the Oilholic saw crude oil futures rise ...