Koffiekamer« Terug naar discussie overzicht

1. [verwijderd] 30 april 2015 20:05

   auteur info

   •    [verwijderd]

     Lid sinds: 01 jan 0001

     Laatste bezoek: 01 jan 0001

   •    Aanbevelingen

     Ontvangen: 0

     Gegeven: 0

   •    Aantal posts: 0

   Waar begint de hoogtevrees??
   
   gr ber
2. voda 30 april 2015 21:53

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 04 jan 2025

   •    Aanbevelingen

     Ontvangen: 91075

     Gegeven: 22475

   •    Aantal posts: 380.335

   Olieprijs sluit hoger
   
   AMSTERDAM (Dow Jones)--De prijs voor een vat ruwe olie is donderdag gestegen, waarbij analisten vraagtekens plaatsen bij de recente rally van de olieprijs.
   
   De markt volgt donderdag nauwgezet het euro - dollar paar, aangezien olie wordt verhandeld in dollars wordt olie duurder voor kopers met andere valuta als de dollar stijgt. De euro noteert omstreeks 21.25 uur ten opzichte van de dollar op $1,1230, versus $1,1081 om circa 08.00 uur donderdagochtend.
   
   Tussentijds steeg de dollar, nadat uit cijfers van het Amerikaanse ministerie van arbeid bleek dat het aantal eerste werkloosheidsuitkering tot het laagste niveau in 15 jaar is gedaald, wat suggereert dat de Amerikaanse arbeidsmarkt gezonder is dan verwacht.
   
   Ruwe olie is vooralsnog e e n van de best presterende grondstoffen in de afgelopen maand, hoewel de olieprijs nog steeds 40% onder zijn piek op juni 2014 noteert.
   
   Sommige analisten stellen dat de rally voorbarig is, omdat sprake blijft van wereldwijd overaanbod.
   
   "Terwijl het heel goed mogelijk is dat de olieprijs het $70-niveau bereikt op speculatieve aankopen, is de vraag of de fundamentals genoeg zijn veranderd om de prijzen op dat niveau vast te houden", aldus JBC Energy. "Op dit moment hebben we daar nog onze twijfels over."
   
   De junifuture voor een vat ruwe olie sloot donderdag op de New York Mercantile $1,05 Exchange hoger op $59,63.
   
   
   - Door Patrick Buis; Dow Jones Nieuwsdienst; +31 20 571 52 00; patrick.buis@wsj.com
   
   
3. voda 1 mei 2015 17:00

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 04 jan 2025

   •    Aanbevelingen

     Ontvangen: 91075

     Gegeven: 22475

   •    Aantal posts: 380.335

   Lower oil prices could destabilize financial system - Report
   
   
   Oilprice.com reported that the collapse in oil prices has forced drillers to turn to debt markets to keep their operations going. According to the Wall Street Journal, there has been USD 86.8 billion in new debt issued so far in 2015, a 10% increase over last year.
   
   But that trend is not necessarily new. The oil industry has relied on debt for quite some time, but the dramatic fall in oil prices has put a bright spotlight on the practice. The Bank for International Settlements concluded in a March 2015 report that outstanding debt in the oil and gas sector has reached USD 2.5 trillion, a massive increase over the USD 1 trillion in debt in 2006. All of that debt could put extra pressure on companies to continue to produce flat out, as cash flows are critical to meet debt payments.
   
   Ironically, however, the incentive to continue to produce as much as possible could merely exacerbate the period of depressed oil prices.
   
   That could prevent oil markets from stabilizing. BIS said that “If the need to service debt delays a pullback in production, a lower price may act more slowly to balance supply and demand.”
   
   What is interesting is the willingness on behalf of Big Finance to lay out the cash for strapped companies. BIS finds that loose monetary policy since 2008 has contributed to the debt-fueled investment boom in oil and gas. Debt issuance in the oil and gas sector has increased by 15% per year since 2006, rising much faster than other sectors.
   
   In the United States, much of the borrowing was done by smaller firms rather than the majors. Some drillers were even cash flow negative, but still heavily tapping the bond market.
   
   Now with oil prices low, banks are cutting their credit lines to the most distressed firms. That could contribute to liquidity problems for drillers that need cash. But it is also indicative of the fact that banks are trying to cut down on the risk to their portfolios. Having heavily lent to oil drillers, some banks are exposed if drillers start to default on debt payments.
   
   Source : Oilprice.com
   
   
4. voda 1 mei 2015 17:01

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 04 jan 2025

   •    Aanbevelingen

     Ontvangen: 91075

     Gegeven: 22475

   •    Aantal posts: 380.335

   OPEC oil output in April climbs to highest since 2012 - Survey
   
   OPEC oil supply in April has jumped to its highest in more than two years, boosted by record or near-record supplies from Iraq and Saudi Arabia, a Reuters survey showed, as key members stand firm in their focus on market share.
   
   The increase from the Organization of the Petroleum Exporting Countries puts output further above forecasts of demand for OPEC oil in the first half of the year, although second-half demand is expected to be stronger.
   
   OPEC supply has risen in April to 31.04 million barrels per day from a revised 30.97 million barrel per day in March, according to the survey, based on shipping data and information from sources at oil companies, OPEC and consultants.
   
   Mr Eugen Weinberg, analyst at Commerzbank in Frankfurt, said that "We are in an oversupplied market, and this oversupply is unlikely to disappear any time soon."
   
   If the total remains unrevised, April's supply would be OPEC's highest since 31.06 million barrel per day in November 2012, based on Reuters surveys.
   
   Sources in the survey said that besides Iraq, the main reasons for the rise are higher Nigerian exports and a further small gain in Libyan production despite the unrest there. Top exporter Saudi Arabia has kept output near a record high in April.
   
   Iraq has increased its northern exports further following a deal between Baghdad and the Kurdistan Regional Government, offsetting a slight decline in flows from the south which produces the bulk of Iraq's oil.
   
   Based on this survey, Iraqi exports this month look set to exceed March's record high of 2.98 million barrel per day. Iraq was hoping to reach 3.1 million barrel per day of exports in April.
   
   OPEC's largest African producer Nigeria has shipped more cargoes in April, helped by a return to a more typical export rate from its largest crude steam, Qua Iboe.
   
   Sources in the survey said that Iran increased exports as some buyers who stayed away in March in response to US pressure during negotiations on a preliminary nuclear deal, resumed purchases in April.
   
   They said that there was not a corresponding increase in Iranian production in April, as the extra barrels were shipped from storage.
   
   Saudi Arabian output dipped after a rise in March to a record high, the survey found, but remained above 10 million barrel per day due to increased local requirements in power plants.
   
   Mr Ali al-Naimi, Saudi Oil Minister, said that April output was around 10 million barrel per day.
   
   Riyadh was the driving force behind OPEC's refusal last year to prop up prices by cutting its output target of 30 million barrel per day, in a bid to discourage more costly rival supplies.
   
   Of countries with lower output, the biggest decline was in OPEC's other West African producer, Angola, where outages at BP's Saturno and Plutonio fields contributed to the drop.
   
   OPEC holds its next meeting on June 5th and comments from OPEC officials suggest it will keep output policy unchanged.
   
   Source : Reuters
   
5. voda 4 mei 2015 15:18

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 04 jan 2025

   •    Aanbevelingen

     Ontvangen: 91075

     Gegeven: 22475

   •    Aantal posts: 380.335

   International oil companies disappoint Bangladesh
   
   The Financial Express reported that the American oil giant ConocoPhillips' decision not to get involved with the hydrocarbon exploration in three deepwater blocks in the Bay of Bengal, as reported in this paper last Friday, comes as a disheartening piece of news.
   
   The US company's interest in oil exploration in Bangladesh has been rather erratic. It had earlier closed its operations involving the two separate deepwater blocks after carrying out 2D seismic surveys due to 'poor' fiscal terms. Last year it also had backed out from signing deal on a shallow water block for similar reasons. But the companies in question last week signed production sharing agreements with Myanmar to conduct exploration in a deepsea block off Western Rakhine Coast. They have agreed to invest USD 323 million in exploration activities there.
   
   However, the hope that the ConocoPhillips and its JV partner Statoil would this time take up the deepwater blocks offered to them for exploration early this month was rather strong. There were a few reasons for this. The notable among those was the hike in purchase price of gas, if and when discovered and extracted. Prior to awarding the contract to the JV, the Petrobangla agreed to hike the gas purchase price by 2.0% annually. Now all the allurements are proving useless as the ConocoPhillips finds Bangladesh not 'strategically fit' in their portfolio.
   
   The developments surrounding the international biddings for both shallow and deepwater blocks in the Bay do depict a sorry tale of lack of interest among international oil companies about HC exploration in Bangladesh off-shore territorial waters. High hopes were earlier generated following a couple of verdicts delivered by the relevant international court over maritime disputes with Myanmar and India. The lack of interest now on the part of the IOCs does obviously deal a blow to such hopes. This is more so as India and Myanmar have already hit large deposits of gas in a number of their respective deepwater blocks. It was only natural then to hope that IOCs would also be interested in the Bangladesh offshore territorial waters.
   
   Earlier, a good number of IOCs had cited the disputes over maritime boundary with its immediate neighbours as reasons for not taking part in international bidding. Hence, the lukewarm response on the part of IOCs at this point of time after the removal of that barrier, is otherwise upsetting for a country that badly needs to augment its energy supply immediately. The country is now entirely dependent on the supply of gas from its onshore fields that have been depleting fast. The current supply of gas from the onshore fields is not enough to meet the demand. The demand-supply gap has been a major irritant for the economy.
   
   The Petrobangla, the sole agency responsible for looking after the energy sector affairs, is also partly responsible for the current deplorable situation as far as HC exploration in the deepwater blocks is concerned. It has dragged its feet over conducting seismic survey in the Bay. The circles concerned have now pinned their hope on the results of the seismic survey. The Petrobangla is reportedly about to begin the survey.
   
   In the event of positive results of the survey and also of the reversal of the international oil price situation, there would hopefully then be a change of attitude among the IOCs.
   
   Source : The Financial Express
   
6. voda 4 mei 2015 15:19

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 04 jan 2025

   •    Aanbevelingen

     Ontvangen: 91075

     Gegeven: 22475

   •    Aantal posts: 380.335

   Russian oil and gas production remains at post-Soviet high in April
   
   Energy Ministry data showed that Russian oil and gas condensate production, among the world's largest, remained at a post-Soviet record level of 10.71 million barrels per day in April, underpinned by a recent recovery in oil prices.
   
   Global oil prices jumped 21% in April to over USD 66 a barrel due to slowing drilling activity and increasing political tensions in the Middle East, having collapsed from a peak of USD 115 per barrel in June last year.
   
   The price slump has significantly hurt the Russian economy, which relies on oil and natural gas for around half the federal budget revenues. Russia's GDP contracted by 3.4% in March YoY.
   
   The data shows that Russian production of oil and gas condensate, a type of ultra-light oil, stood at 43.830 million tonne in April.
   
   A Russian Energy Ministry delegation will fly to Vienna next month to meet officials from the Organization of the Petroleum Exporting Countries.
   
   So far Russia, which is not an OPEC member, has failed to persuade OPEC to cut oil output in order to prop up prices.
   
   Last month, OPEC oil supply jumped to its highest in more than two years, boosted by record or near-record supplies from Iraq and Saudi Arabia.
   
   Rosneft, Russia's leading oil producer, cut its oil production by 0.1% in April to 3.81 million barrels per day.
   
   Total Russian oil exports via pipeline monopoly Transneft edged up by 0.7% to 4.4 million barrels per day, or 18.021 million tonnes in April.
   
   Russia is aiming to increase its crude oil exports in the coming years and the Energy Ministry expects exports to be 3 million tonne higher this year.
   
   Natural gas output was 52.64 billion cubic metres or 1.75 billion cubic meter per day, down from 1.78 billion cubic meter per day in March. The Energy Ministry did not publish gas output data for Gazprom , the world's top natural gas producer.
   
   Source : Reuters
   
7. voda 4 mei 2015 15:21

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 04 jan 2025

   •    Aanbevelingen

     Ontvangen: 91075

     Gegeven: 22475

   •    Aantal posts: 380.335

   Big oil company revenues and earnings plunge in Q1
   
   USA Today reported that crude oil's prolonged price slide sank Q1 earnings of some of the energy sector's juggernauts. But share prices held up even on a day when the broad market sold off because Wall Street was expecting even steeper losses in the hard-hit sector.
   
   ExxonMobil shares closed down 50 cents at USD 87.37 Thursday after the company reported earnings fell to USD 4.9 billion from USD 9.1 billion in the year-ago quarter, a 46% plunge that was tamer than consensus Wall Street estimates. Revenue sank 36% to USD 67.6 billion from USD 106.3 billion.
   
   Mr Rex Tillerson, CEO of ExxonMobil, said that "ExxonMobil's balanced portfolio delivered solid financial results in the quarter. Regardless of current market conditions, we remain focused on business fundamentals and competitive advantages that create long-term shareholder value."
   
   The company cut capital and exploration expenses by nearly 10% to USD 7.7 billion, although oil production rose 2.3% to 2.3 million barrels a day. ExxonMobil also announced a 9.5% increase in its stock dividend.
   
   ConocoPhillips COP closed down 14 cents at USD 67.92, despite posting a Q1 profit of just USD 272 million, an 87% drop from the USD 2.12 billion the world's largest independent energy exploration and producer earned in the year-ago quarter. But on a per-share basis, the Houston-based company earned about 19 cents a share, slightly above consensus estimates.
   
   Revenue fell 50% to USD 7.7 billion from USD 15.4 billion in the first quarter of 2014. ConocoPhillips said it realized just USD 36.96 a barrel for oil in the quarter, down 48% from USD 71.21 a barrel in the year-ago quarter.
   
   Mr Ryan Lance, CEO of ConocoPhillips, said that "The significant downturn in prices has been a test for the industry."
   
   Still, ConocoPhillips said that it remains on track to meet its previously stated target of 2% to 3% production growth for the year.
   
   Like its US-based rivals, Holland-based Royal Dutch Shell also had a lousy quarter but beat consensus estimates. The company said earnings dropped 56% to USD 3.2 billion from USD 7.3 billion in the year-ago quarter. Revenue fell 40% to USD 65.7 billion from USD 109.6 billion.
   
   Mr Ben van Beurden, CEO of Shell, said that the company continues to reduce operating costs and capital spending in what is clearly a difficult industry environment.
   
   Royal Dutch American Depositary Receipts closed down 7 cents at USD 63.43.
   
   Source : USA Today
   
8. voda 4 mei 2015 15:26

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 04 jan 2025

   •    Aanbevelingen

     Ontvangen: 91075

     Gegeven: 22475

   •    Aantal posts: 380.335

   US oil firms shutting their drill rigs due to low oil prices
   
   German media Deutsche Wirtschafts Nachrichten reported that Many US mcompanies are closing their drill rigs due to a lack of liquidity to fund expensive fracking activities and that US oil production is experiencing a decline, with many drill rigs being closed all across the country
   
   Energy companies are unable to fund expensive fracking activities as the oil price remains at a comparatively low level of about USD 66 per barrel compared to USD 90 per barrel in October 2014.
   
   In January, oil production declined in the fracking formations of Eagle Ford, Bakken and Permian companies by about 110,000 barrels per day. This decline is a part of a systematic reduction in the number of fracking systems that have been previously used, oilprice.com reported.
   
   Low oil prices have led to a reduced "cash flow", with many oil companies reporting a liquidity loss.
   
   Source : Sputnik
   
9. voda 4 mei 2015 15:27

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 04 jan 2025

   •    Aanbevelingen

     Ontvangen: 91075

     Gegeven: 22475

   •    Aantal posts: 380.335

   United States weekly oil rig count decline slows - Baker Hughes
   
   Reuters reported that the fall in the US oil rig count slowed this week, data showed on Friday, suggesting the collapse in drilling may be coming to an end as prices recover after falling 60% from June to March.
   
   The oil rig count fell by 24 this week to 679 active rigs, the smallest drop since early April, after the loss of 31 and 26 rigs in the prior two weeks, oil services firm Baker Hughes Inc said in its closely-watched report.
   
   With the oil rig decline this week, the number of active rigs has fallen for a record 21 weeks in a row to the fewest since September 2010, according to Baker Hughes data going back to 1987.
   
   Since the number of oil rigs peaked at 1,609 in October, producers have cut spending, eliminated jobs and idled more than half of the country's rigs.
   
   The US oil rig count, however, is nearing a pivotal level that experts say is bolstering prices and trimming production, and will eventually coax oil companies back to the well pad in coming months.
   
   US crude futures this week climbed to near USD 60 a barrel, the highest level this year, helped by a weaker dollar and bets that the supply glut would ease as the falling rig count starts to reduce oil output.
   
   That was a 43% price rebound from the near USD 42 six-year low set in March on oversupply concerns and lackluster demand.
   
   According to government data, after rising mostly steadily since 2009, US oil production has stalled near 9.4 million barrels a day since early March, the highest level since the early 1970s.
   
   According to data going back to 2011, the Permian in West Texas and eastern New Mexico and the Eagle Ford in South Texas both lost 7 oil rigs, leaving the number of active rigs in both basins at the lowest since at least 2011.
   
   The Williston basin in North Dakota, meanwhile, gained one rig, its first increase since early January.
   
   Texas was again the state with the biggest decline in rigs, down 13 to 379, the least since 2009.
   
   In Canada, drillers added one oil rig, bringing the total up to 17, just above its lowest levels since 2009, set last week.
   
   US natural gas rigs, meanwhile, fell by 3 to 222, the least since mid April.
   
   Source : Reuters
   
10. voda 4 mei 2015 21:05

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 04 jan 2025

    •    Aanbevelingen

      Ontvangen: 91075

      Gegeven: 22475

    •    Aantal posts: 380.335

    Olieprijs sluit lager
    
    AMSTERDAM (Dow Jones)--De olieprijs is maandag lager gesloten, waarbij tegenvallende Chinese inkoopmanagersindices de zorg aanwakkerden over de wereldwijde vraag naar olie, terwijl onderliggend ook de zorgen over de torenhoge voorraden blijven bestaan. Verder sterkte de dollar wat aan na de dip van vorige week.
    
    De junifuture voor een vat ruwe olie sloot op de New York Mercantile Exchange 22 dollarcent, of 0,4%, lager op $58,93.
    
    Aanvankelijk gingen de oliefutures tijdens de Europese handel omhoog, met name dankzij een solide inkoopmanagersindex voor de eurozone, die een groei van de bedrijvigheid liet zien.
    
    Dat gold niet voor de HSBC-inkoopmanagersindices voor de industrie in China. Die data verschenen maandagnacht maar hadden een verlaat effect op de oliefutures. In april was sprake van krimp.
    
    "Dat is een negatief signaal uit China, wat tot nu toe de bron was van een groot deel van de stijging van het olieverbruik in de laatste tien jaar", aldus econoom James Williams van WTRG Economics. "Elke vorm van negatief economisch nieuws uit China is slecht voor olie."
    
    De tegenvallende data betekenen een onderbreking van een rally in april, een maand waarin de Nymex-olieprijs met 25% steeg, met name door de waardedaling van de dollar en een daling van het aantal actieve boorplatforms in de Verenigde Staten.
    
    Analisten van Morgan Stanley wijzen erop dat de markt onderliggend ook bezorgd blijft over een toename van de wereldwijde olievoorraden en productie wanneer er bijvoorbeeld weer meer olie komt uit Iran, Irak en Libie.
    
    Daarnaast bleek maandag uit een rapport van onderzoeksbureau Genscape dat de voorraden bij de Nymex-hub in Cushing Oklahoma vorige week maar licht zijn gedaald, waardoor de Amerikaanse olievoorraden dicht bij recordniveaus blijven.
    
    Woensdag verschijnt het wekelijkse olievoorradenrapport.
    
    
    Door Marleen Groen; Dow Jones Nieuwsdienst; +31 20 5715 200; marleen.groen@wsj.com
    
    
11. voda 5 mei 2015 12:48

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 04 jan 2025

    •    Aanbevelingen

      Ontvangen: 91075

      Gegeven: 22475

    •    Aantal posts: 380.335

    'Alleen Allah weet wat olieprijzen gaan doen'
    
    DINSDAG 5 MEI 2015, 11:30 uur | 487 keer gelezen
    
    Nu volop gespeculeerd wordt over de vraag hoe lang Saoedi-Arabië nog blijft toezien hoe de olieprijzen dalen, verklaart de Saoedische olieminister tegenover CNBC dat alleen Allah weet hoe de olieprijzen zich zullen gaan ontwikkelen.
    
    De invloedrijke minister, Ali Al-Naimi, zei dat niemand de olieprijzen kan bepalen; ‘Dat is aan Allah’. De minister doet zijn uitspraak te midden van allerlei speculaties over de vraag of Saoedi-Arabië bij de beslissing blijft om de olieproductie niet terug te schroeven. Het verminderen van de productie kan zorgen voor hogere prijzen.
    
    Verder gaf Al-Naimi aan dat hij zich ‘helemaal geen zorgen maakt’ over het feit dat Iraanse olie weer op de markt zal komen, als de internationale sancties tegen het land worden opgeheven.
    
    Licht herstel
    
    De olieprijzen zijn de afgelopen weken iets hersteld, na de sluiting van verschillende booreilanden in de VS en de spanningen in het Midden-Oosten, wat een vermindering van het aanbod als gevolg had. Maandag noteerde een vat Brent ruwe olie op 67,10 dollar, het hoogste niveau van 2015.
    
    Dinsdag zakte de prijs weer iets in, nadat bekend werd dat Saoedi-Arabië overweegt te stoppen met het bombarderen van rebellen in buurland Jemen en hulporganisaties toe te laten.
    
    Het afgelopen jaar werd de neerwaartse druk op de prijzen verergerd, doordat de Organisatie van Olie-exporterende Landen (OPEC) besloot de productie van 30 miljoen vaten per dag op peil te houden, met als doel het behouden van marktaandeel.
    
    Door Lucia Rodenburg
    
    www.belegger.nl/nieuws/2664679/alleen...
12. voda 5 mei 2015 16:35

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 04 jan 2025

    •    Aanbevelingen

      Ontvangen: 91075

      Gegeven: 22475

    •    Aantal posts: 380.335

    EOG Resources to resume fracking if oil prices stabilize
    
    Published on Tue, 05 May 2015 35 times viewed
    
    Reuters reported that oil and natural gas producer EOG Resources Inc plans to begin fracking hundreds of wells in North Dakota and Texas later this year if oil prices stabilize around USD 65 per barrel, executives said on Monday after reporting a better-than-expected adjusted profit.
    
    EOG was the latest major US shale oil producer to peg increased operations to a specific dollar amount, a positive sign for an industry worried that last year's price drop would permanently cripple growth.
    
    Whiting Petroleum Corporation said last week it would add drilling rigs to its portfolio if crude prices rise to USD 70 per barrel, and Pioneer Natural Resources Company said that last month it was considering adding new rigs this year as West Texas Intermediate prices rebound.
    
    EOG, considered a leader in the US shale oil industry, has for months drilled new wells only to keep them idle by delaying fracking, part of a strategy to hold back pumping some crude after a roughly 40% drop in prices since last summer.
    
    Crude prices have inched up in the past month.
    
    EOG executives said that Wall Street should expect the company's 2015 production to resemble the letter 'U' falling in the first half of the year, then rebounding in the second half and hitting double-digits by next year.
    
    EOG posted a Q1 net loss of USD 169.7 million, or 31 cents per share, in the first quarter compared with net income of USD 660.9 million, or USD 1.21 per share, in the year-ago period.
    
    Factoring in hedging gains and other one-time items, EOG earned 3 cents per share.
    
    It was the continuation of a theme for US shale oil producers, including Whiting and Hess Corp, who have aggressively curtailed spending and relied in varying degrees on hedges all quarter.
    
    Production volumes rose 5% to 589,500 barrels of oil equivalent per day.
    
    EOG shares fell about 0.8% to USD 98.65 in after-hours trading.
    
    Elsewhere on Monday, EOG rival Anadarko Petroleum Co reported record quarterly production, and Concho Resources Inc raised its 2015 production outlook by 18% to 22%, citing technological improvements, after a 50% cut to its rig fleet.
    
    Source : Reuters
    
13. voda 5 mei 2015 16:42

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 04 jan 2025

    •    Aanbevelingen

      Ontvangen: 91075

      Gegeven: 22475

    •    Aantal posts: 380.335

    Brent crude oil hits 2015 high as China data spur stimulus bets
    
    Published on Tue, 05 May 2015 69 times viewed
    
    The Financial Express reported that brent crude oil touched USD 67 a barrel in intraday trade on Monday, its highest in 2015, as dismal Chinese factory activity enhanced expectations the world’s second-largest economy would roll out stimulus measures to arrest a slowdown.
    
    The North Sea crude variety rose 39 cents to USD 66.85 a barrel by 1046 GMT, having scaled the 2015 peak of USD 67 earlier in the session. US crude, which had hit its highest this year at USD 59.90 per barrel on Friday, inched up by 22 cents to USD 59.37 a barrel. Brent crude oil has surged by over 40% from an almost 6 year low of USD 45.19 in January on expectations of a tighter demand-supply balance and tension in West Asia.
    
    The latest data showing that activity at Chinese factories declined at its fastest pace in a year in April bolstered the case for policy stimulus by the communist government, which has been facing a tough challenge to bring the economy back into shape from its worst slowdown since 1990.
    
    However, analysts awaiting a cut in oil supplies by OPEC to pronounce a sustained uptick in the prices. That the supply in the global market is still robust can be gauged from higher Libyan exports, record outbound shipments by Iraq in April and OPEC oil output at its highest in two-and-a-half years.
    
    Crude oil prices dropped sharply last year as a spike in US shell drilling resulted in the largest inventory at least in three decades, especially in view of poor demand, while the OPEC showed reluctance to cut output, effectively declaring a price war not to cede market share to those outside the West Asian oil cartel. Brent crude dropped 48% to end the year at USD 57.33 per barrel, while the WTI crude also lost by around a half.
    
    China-focussed commodities, including copper, rubber, iron ore and nickel, rallied in intraday trade on Monday by up to 6%, thanks to the buzz about fresh stimulus.
    
    In China, copper inched up by nearly 4%, rubber rallied by as much as 6%, iron ore by 3.8% and nickel by 3.4% intraday. The board-based commodity rally in the wolrd’s largest consumer of base metals was also aided by a return of investors from a holiday weekend. Chinese markets were closed on Friday for a public holiday.
    
    A statement by Vale late last week that it could cut iron ore production by up to 30 million tonne over the next 2 years helped drive up the prices. BHP Billiton also recently announced that it could delay an Australian port project that would have raised its production by 20 million tonne, in increasing signs that producers may cut output or hold expansion plans to shore up the commodity prices.
    
    Source : The Financial Express
    
14. voda 6 mei 2015 17:10

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 04 jan 2025

    •    Aanbevelingen

      Ontvangen: 91075

      Gegeven: 22475

    •    Aantal posts: 380.335

    Onverwachte daling Amerikaanse olievoorraden
    
    AMSTERDAM (Dow Jones)--De olievoorraden in de Verenigde Staten zijn vorige week voor het eerst sinds begin dit jaar gedaald, blijkt woensdagmiddag uit cijfers van de Amerikaanse Energy Information Administration. Met uitzondering van de eerste week van januari, waren de olievoorraden in de VS dit jaar alleen maar verder gestegen.
    
    De daling, met ongeveer 3,9 miljoen vaten was ook nog eens onverwacht. Het totaal kwam in de week eindigend op 1 mei uit op 487,03 miljoen vaten. Analisten rekenden op een toename met 1,1 miljoen vaten.
    
    De benzinevoorraden stegen met 401.000 miljoen vaten, waar een stijging met 500.000 vaten was voorzien. Het totaal kwam uit op 227,852 miljoen.
    
    De voorraden stookolie en diesel kwamen uit op een totaal van 130,773 miljoen. De stijging van 1,5 miljoen vaten was onverwacht want er was een daling van 200.000 vaten voorzien.
    
    De capaciteitsbenutting kwam uit op 93,0%, van 91,3% een week eerder. Gerekend werd op een capaciteitsbenutting van 91,9%.
    
    
    Door Marleen Groen; Dow Jones Nieuwsdienst; +31 20 5715 200; marleen.groen@wsj.com
    
    
15. voda 6 mei 2015 18:59

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 04 jan 2025

    •    Aanbevelingen

      Ontvangen: 91075

      Gegeven: 22475

    •    Aantal posts: 380.335

    Strong oil may support Gulf markets - Report
    
    Published on Wed, 06 May 2015 36 times viewed
    
    Reuters reported that Gulf stock markets may rise on Wednesday after Brent oil hit a fresh 2015 high above USD 68 per barrel, although global equities are suffering as major sovereign bond yields jumped.
    
    Brent rose 1.2% to USD 68.31 per barrel in Asian trade on Wednesday morning, continuing a month-long rally that has been supported by a weaker US dollar and disruption to crude exports from Libya.
    
    A report from industry group American Petroleum Institute suggested that US crude inventories fell by 1.5 million barrels last week. The US Energy Information Administration will issue official stockpiles data at 1430 GMT on Wednesday.
    
    In the Gulf, however, corporate news flow has been slow. Shares in Dubai builder Arabtec dropped 2.5% on Tuesday ahead of a board meeting which was due to elect a new chairman following the departure of Khadem Abdulla al-Qubaisi, who had not been nominated for renewed board membership.
    
    On Wednesday morning, the company said that its board had elected prominent Abu Dhabi businessman Mr Mohamed Thani Murshed Ghannam al-Rumaithi as its new chairman. Another potentially positive factor for Arabtec shares is that Wednesday is the last day when the shares entitle investors to a 5% bonus share issue.
    
    Dubai's index , which slipped 0.4% to 4,069 points on Monday, is nearing strong technical support around 4,000 points, where it peaked repeatedly between December and February.
    
    Saudi Arabia's index also closed just above technical support at its March peak of 9,745 points on Tuesday. With its heavily weighted petrochemicals sector, the bourse stands to gain more than other Gulf markets from oil's rebound.
    
    Source : Reuters
    
16. voda 6 mei 2015 19:01

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 04 jan 2025

    •    Aanbevelingen

      Ontvangen: 91075

      Gegeven: 22475

    •    Aantal posts: 380.335

    Russian gas fields key to crude output as sanctions hit Arctic
    
    Bloomberg reported that with Siberia's aging oil fields slowly running dry, Russia is turning to a natural gas by-product to help maintain crude production and meet President Mr Vladimir Putin's target of 10 million barrels a day.
    
    As companies including OAO Gazprom, OAO Novatek and OAO Rosneft get new Siberian gas fields up and running, they're also boosting output of condensate, a prized, ultra-light form of crude that’s a common component of underground gas reserves.
    
    Mr Alexander Nazarov, an analyst at the country’s third biggest lender, said that condensate is especially important now because it’s not covered by sanctions on Russia’s oil industry that have targeted Arctic drilling and shale projects. Production of the ultra-light crude will swell as much as 17% this year, according to estimates by Gazprombank. That makes it a key factor driving growth.
    
    Mr Nazarov said that “We are witnessing a unique situation this year, as so many gas and condensate projects are being launched.”
    
    He said that condensate production may reach about 600,000 barrels a day or 5% of the total annual oil output. That may help the country post another record high for oil production in 2015 and maintain its position as the world’s second-largest producer.
    
    Russia produced 526.3 million tonne of oil and condensate in 2014, an average of 10.57 million barrels per day. It’s on track to beat that this year. Production in January reached a historic post-Soviet record of 10.7 million barrels per day, and output in March remained close to that level.
    
    According to the Oklahoma Historical Society, gas condensate is more valuable than other types of crude because when it’s refined it produces a very high proportion of high-value gasoline. It’s so high-octane that in the early days of the U.S. petroleum industry people filled their car tanks with it.
    
    Mr Dmitry Loukashov, oil and gas analyst at VTB Capital in Moscow, said that “In modern Russia, condensate producers are putting it to better use: they derive as much as 50% of their profitability from sales of condensate and products made from it.”
    
    Mr Loukashov said that “The profitability of condensate has been the main driver of the increase in total output. Profitability starts at the wellhead and continues all the way to customs, as extraction tax and export duties for condensate are lower than for conventional oil.”
    
    He said that export duties are calculated per ton. While Russia’s Urals blend averages about 7.3 barrels per ton, condensate can be 8.6 or even 9 barrels. So if the export tax rate for Urals works out to USD 25 a barrel, for example, it may be USD 20 for condensate.
    
    The price of condensate products, net of taxes, is also higher. Novatek, one of the key Russian condensate exporters, estimated its average 2014 export price of condensate products at USD 488.50 to USD 538.60 a ton, net of duties, while its net crude export price was USD 317.10 a tonne.
    
    Mr Loukashov said that “Work at existing West Siberian projects guarantees that Russia’s condensate output will grow in the next several years.”
    
    Gazprombank’s Mr Nazarov estimated that about 80% of new condensate output in 2015 is likely to come from West Siberian projects run by OAO SeverEnergia, a 50-50 JV between Novatek and Gazprom’s oil arm OAO Gazprom Neft.
    
    SeverEnergia started three gas fields in West Siberia from September to April, expecting to increase its output to about 7 million tonne this year, a quarter of Russia’s total condensate output.
    
    Mr Nazarov said that Gazprom, Russia’s largest gas company, will probably remain the country’s dominant condensate producer, with an output of about 15 million tonne in the near future.
    
    According to the company’s presentation for investors made in February, Gazprom plans to raise its condensate production to 17 million tonne a year from 2017.
    
    Russia's total gas condensate production is set to rise to about 50 million tonne per year by 2030, the country’s largest petrochemical producer PAO Sibur said in an April presentation, citing estimates from the market research company IHS Inc.
    
    Source : Bloomberg
    
17. voda 7 mei 2015 21:59

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 04 jan 2025

    •    Aanbevelingen

      Ontvangen: 91075

      Gegeven: 22475

    •    Aantal posts: 380.335

    Olieprijs weer onder $60
    
    AMSTERDAM (Dow Jones)--De olieprijs is donderdag weer gedaald, na een aantal dagen van stijgingen. Met name de sterke dollar zette druk op de futures nadat de wekelijkse aanvragen voor een werkloosheidsuitkering in de Verenigde Staten minder stegen dan verwacht. Daarnaast was er sprake van wat winstnemingen.
    
    De junifuture voor een vat ruwe olie sloot op de New York Mercantile Exchange $1,99, of 3,3%, lager op $58,94.
    
    De afgelopen dagen steeg de olieprijs juist boven de $60, ondermeer doordat de olievoorraden in de VS vorige week onverwacht zijn gedaald. Dit zou erop duiden dat de torenhoge voorraden langzaam slinken, omdat er minder wordt geproduceerd, iets waar de markt al een tijdje op wacht na de sterke daling van de olieprijzen sinds de zomer van vorig jaar.
    
    "De meest recente stijging zorgt voor wat winstnemingen omdat er even geen nieuwe 'bullish' katalysatoren zijn", legt analist Martin King van FirstEnergy Capital Corp uit.
    
    Opmerkingen van de Iraanse minister van olie zorgden donderdag voor aanvullende prijsdruk. Bijan Namdar Zangeneh zei in een toespraak dat wanneer de sancties op het land zijn opgeheven, de olieproductie van Iran binnen 8 maanden kan stijgen naar 4 miljoen vaten per dag van de huidige 2,7 miljoen.
    
    Volgende richtpunt voor de olieprijs is het banenrapport van het Amerikaanse ministerie van arbeid dat vrijdag wordt gepubliceerd.
    
    
    Door Marleen Groen; Dow Jones Nieuwsdienst; +31 20 5715 200; marleen.groen@wsj.com
    
    
18. [verwijderd] 8 mei 2015 09:52

    auteur info

    •    [verwijderd]

      Lid sinds: 01 jan 0001

      Laatste bezoek: 01 jan 0001

    •    Aanbevelingen

      Ontvangen: 0

      Gegeven: 0

    •    Aantal posts: 0

    De olieprijs zakt niet en de benzine wordt steeds duurder enkele weken geleden koste de benzine in
    belgie nog 1,30 nu al 1,42 dat wijst erop dat de olieprijs niet wegzakt,,,, en bovendien blijft olie nodig
    Shell stijgt aan koers op de beurs, sbmo worstelt met zichzelf, en fugro weet niet welke kant op te gaan...berichten die sbmo nu de wereld inzendt is voor veel beleggers onduidelijk en vaag, en brengt de belegger in twijfel,,,, maar een ding is zeker olie blijft gevraagd!!!
19. voda 8 mei 2015 15:38

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 04 jan 2025

    •    Aanbevelingen

      Ontvangen: 91075

      Gegeven: 22475

    •    Aantal posts: 380.335

    BG winst sterk gedaald door lagere olieprijs
    
    AMSTERDAM (Dow Jones)--BG Group Plc (BG.LN) zag de kwartaalwinst sterk afnemen als gevolg van de gedaalde olie- en gasprijzen, blijkt vrijdag uit de kwartaalrapportage van het Britse gas- en oliebedrijf, waarop Royal Dutch Shell Plc (RDSA) recent een bod van GBP47 miljard (EUR64 mrd) heeft uitgebracht.
    
    De nettowinst over het eerste kwartaal daalde met 78% naar $240 miljoen, tegen $1,11 miljard een jaar geleden. De omzet daalde tegelijk met 23% naar $3,82 miljard van $4,98 miljard.
    
    De gestegen productie van gas en olie kon de lagere olie- en gasprijzen niet compenseren.
    
    De overname door Shell zal naar verwachting begin volgend jaar worden voltooid, zegt de nieuwe CEO van BG, Helge Lund. Tot dan zal BG zelfstandig opereren.
    
    De productie van BG steeg in het eerste kwartaal met 1% tot 638.000 vaten olie-equivalenten door gestegen productie in Australie en Brazilie, bij een gedaalde productie in het Verenigd Koninkrijk.
    
    BG voorspelt een gemiddelde productie voor het hele jaar van 650.000-690.000 vaten per dag.
    
    
    Door Selina Williams, vertaald en samengevat door Bart Koster; Dow Jones Nieuwsdienst; +31 20 571 5201; bart.koster@wsj.com
    
    
    
20. voda 8 mei 2015 21:40

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 04 jan 2025

    •    Aanbevelingen

      Ontvangen: 91075

      Gegeven: 22475

    •    Aantal posts: 380.335

    Olieprijs sluit hoger
    
    AMSTERDAM (Dow Jones)--De olieprijs is vrijdag gestegen en sluit ook op weekbasis hoger, dankzij een optimistisch Amerikaans banenrapport en een rapport van Baker Hughes waarin een verdere daling van het aantal actieve boorplatforms in de Verenigde Staten werd gemeld.
    
    De junifuture voor een vat ruwe olie sloot op de New York Mercantile Exchange 0,8% hoger op $59,39. Op weekbasis was sprake van een winst van 0,4%.
    
    Het was een volatiele week voor de olieprijzen. Na een onverwachte daling van de Amerikaanse olievoorraden en productie-onderbrekingen in Libie, wist de Nymex-future te stijgen tot boven de $60: het hoogste niveau dit jaar.
    
    "Het was deze week een les in volatiliteit, waarbij Libie ons eraan herinnerde dat hun productie nog steeds onzeker is, en de Amerikaanse voorraden daalden vanwege de lagere import", vat Michael Lynch van Strategic Energy & Economic Research, samen.
    
    Donderdag trad verval in en die trend zette vrijdag aanvankelijk door, totdat Baker Hughes bekendmaakte dat het aantal actieve boorplatforms in de VS vorige week met 11 is gedaald tot 668. Daarnaast konden de oliefutures profiteren van een opleving van de groei van de werkgelegenheid in de VS in april, na een zwakke maand in maart.
    
    Of de olieprijs de opwaartse trend echt vast weet te houden, valt nog te bezien, waarschuwt vermogensbeheerder Tariq Zahir van Tyche Capital Advisors. "De conclusie is dat we eigenlijk nog steeds niet verwachten dat de Amerikaanse olieproductie echt fors zal dalen."
    
    
    Door Marleen Groen; Dow Jones Nieuwsdienst; +31 20 5715 200; marleen.groen@wsj.com