Tullow Oil Share Discussion Threads

[thomstar] 29/9/2021 17:06

Saw off the bears today

[waldron] 29/9/2021 16:24

U.S. Crude-Oil and Fuel Inventories Unexpectedly Rise

29 September 2021 - 05:20PM

Dow Jones News



By Dan Molinski

U.S. oil inventories surprisingly increased last week, while stockpiles of gasoline and other fuels also rose, according to data released Wednesday by the Energy Information Administration.

Benchmark U.S. oil prices that were slightly lower before the mostly bearish report drifted slightly higher afterward. The Nymex front-month crude contract for November delivery was recently up 0.4% at $75.63 a barrel.

Crude-oil stockpiles rose by 4.6 million barrels to 418.5 million barrels, and are now about 7% below the five-year average, the EIA said. Analysts surveyed by The Wall Street Journal had predicted crude stockpiles would fall by 2.5 million barrels from the prior week.

Oil stored at Cushing, the delivery point for U.S. stocks, rose by 131,000 barrels from the previous week, to 34 million barrels, the EIA said in its weekly report.

U.S. crude-oil production rose by 500,000 barrels a day last week to 11.1 million barrels a day, according to EIA, as offshore output continued to recover from Hurricane Ida-caused shutdowns.

Gasoline stockpiles climbed by 193,000 barrels to 221.8 million barrels, compared with analysts' expectations for inventories to increase by 900,000 barrels from the previous week.

Distillate stocks, which include heating oil and diesel fuel, rose by 384,000 barrels to 129.7 million barrels, and are now about 12% below the five-year average, the EIA said. Analysts were forecasting a 1.3-million-barrel decline from the previous week.

The refining capacity utilization rate rose by 0.6 percentage points from the previous week to 88.1%, which was close to analysts' forecasts for a 0.8 percentage-point increase from the previous week.

U.S. oil inventories for the week ended Sept. 24:


Crude Gasoline Distillates Refinery Use
EIA data: +4.6 +0.2 +0.4 +0.6
Forecast: -2.5 +0.9 -1.3 +0.8


Note: Numbers in millions of barrels, with the exception of refinery use, which is in percentage points.

Write to Dan Molinski at [e-mail]



(END) Dow Jones Newswires

September 29, 2021 11:05 ET (15:05 GMT)

[xxnjr] 29/9/2021 14:31

Kes-2 a big step-out on B58 was non-commercial for Apache.
Haven't listened to the Q&A yet but noticed that Total Energies Strategy Update pres for Analysts yesterday failed to mention Suriname.... Although it only went up to 2025. And todays Apache announcement may have been timed to avoid awkward Q's on TE's update call?

[fizzmiss] 29/9/2021 08:38

Holding up very well considering

[john09] 29/9/2021 07:49

Here he is 👍

[waldron] 29/9/2021 07:45

European markets head for mixed open after U.S. sees rate-induced sell-off

Published Wed, Sep 29 20211:15 AM EDT

Holly Ellyatt
@HollyEllyatt
cnbc


Key Points

European stocks are expected to open in mixed territory on Wednesday as markets become nervous after a rate induced sell-off in the U.S. in the previous session.

The U.K.’s FTSE index is seen opening 2 points lower at 7,031, Germany’s DAX 14 points higher at 15,285 and France’s CAC 40 14 points higher at 6,425, according to IG data.

[john09] 29/9/2021 07:44

Waldron is late this morning with our oil and markets preview !

[subsurface] 29/9/2021 02:04

Guyana: Frontera Energy provides operational update on Kawa-1 well, offshore Guyana



interesting location between Kanuku/Block 58 and Stabrok

[fizzmiss] 28/9/2021 21:59

Scumbag MM will pull a few pants down tomorrow for their sewer rat shorter mates for sure.

Corrupt as you like whilst the FSA plays the 3 wise monkeys!

Remember it took a $2 rise in oil to move TLW up by 1p; just watch the blatant scumbag MM crash the share price lower now its fallen back by $2.

[fizzmiss] 28/9/2021 17:14

These sewer rat shorters ramp Oil as follows:

Goldman Sachs Launches Bullish Battlecry. US investment bank Goldman Sachs (NYSE:GS) indicated it expects Brent crude prices to add another $10 per barrel over Q4 and trade around the 90 per barrel mark by year-end 2021, primarily led by the ongoing supply deficit.

RUN FOR THE HILLS, SELL SELL SELL imho.

[fizzmiss] 28/9/2021 13:59

Can you imagine what the Scum MM will do to the share price if the oil price drops back to $70? wow wow wow.

It's taken a $2 OIL PRICE RISE TO MOVE THE SHARE PRICE 1P.

[fizzmiss] 28/9/2021 13:55

Lol that will be a sell signal then,

[stevieweebie2] 28/9/2021 08:58

GS forecast $90 Oil by Y/E

[john09] 28/9/2021 08:02

Up she goes

[waldron] 28/9/2021 06:56

you might glean from the RNS THAT IT BE ONLY OIL

John09
28 Sep '21 - 01:31 - 3212 of 3214
0 0 0
Does anyone know what % of Tullow revenue is from gas v oil?

[waldron] 28/9/2021 06:43

Europe heads for positive open as region continues to digest German election fallout

Published Tue, Sep 28 202112:18 AM EDT

Holly Ellyatt
@HollyEllyatt
cnbc

Key Points

European stocks are expected to open tentatively higher on Tuesday as markets in the region continue to monitor the latest developments after Germany’s inconclusive federal election.

The U.K.’s FTSE is seen opening 8 points higher at 7,071, Germany’s DAX 21 points higher at 15,603, France’s CAC up 7 points at 6,654 and Italy’s FTSE MIB 30 points higher at 25,824, according to IG.

[waldron] 28/9/2021 06:41

Europe heads for positive open as region continues to digest German election fallout

Published Tue, Sep 28 202112:18 AM EDT

Holly Ellyatt
@HollyEllyatt
cnbc

Key Points

European stocks are expected to open tentatively higher on Tuesday as markets in the region continue to monitor the latest developments after Germany’s inconclusive federal election.

The U.K.’s FTSE is seen opening 8 points higher at 7,071, Germany’s DAX 21 points higher at 15,603, France’s CAC up 7 points at 6,654 and Italy’s FTSE MIB 30 points higher at 25,824, according to IG.

[awise355] 28/9/2021 06:27

Can't disagree there

[deanroberthunt] 28/9/2021 06:21

back over 60p soon and new highs, as everything hits the fan and Brent heads for infinity and beyond

[john09] 28/9/2021 01:31

Does anyone know what % of Tullow revenue is from gas v oil?