Ny rekord igjen for oljeprisen og dollaren

[B747-8]

Originally Posted by Someone

Snart $83 igjen. Legg til enda høyere gasspriser. Noen fat cats blir feitere nå

Bråk i Kazakhstan og noen nye issues i Libya driver opp prisene. Mangler vel nå bare en storm i Texas…

Gass og strøm prisene i USA har ikke gått opp.

Så det er bare i Europa det blir enda høyere gasspriser.

[Someone]

Originally Posted by Someone

Etter å vært vært en tur under $70 fatet tidligere i desember, er nå oljeprisen nesten passert $80 igjen

Og da ble $85 passert i dag.

€ holder seg såvidt under 10, mens $ står i 8,75.

[OJB]

86.46 USD idag , under sakset fra World Oil idag ;

Key jet fuel market metric surges as flight demand withstands Omicron
Jack Wittels 1/17/2022

(Bloomberg) --The jet fuel market is soaring in Europe as global air traffic withstands the impact of the omicron virus strain.

One of the fuel’s most important market metrics, its differential to diesel, on Friday surged to its highest since September 2019 -- long before Covid-19 decimated the continent’s aviation industry.

“We’re tight supply everywhere,” said Mark Williams, an oil products markets and refining analyst at Wood Mackenzie Ltd. For Europe, “everyone was expecting demand to take a hit because of omicron. That hasn’t emerged -- so jet demand has stayed pretty healthy.”

While flights are still way down on 2019 levels, they’re only slightly below where they were in November, according to data from FlightRadar24, which tracks commercial flights. That’s in stark contrast to the plunge in global air traffic and jet fuel demand in the spring of 2020.

The strong European prices aren’t being reflected everywhere, however.

Asian regrade, as the premium to diesel is known, is still below pre-pandemic levels. China is slashing flights to fight outbreaks and Hong Kong recently banned flights from eight countries, including the U.S. The measure is also below its seasonal norm in the U.S.

When jet fuel prices crashed in 2020, refiners responded by diverting production into other products. But yields have risen in recent months in the U.S., and in Europe were at 6% from June through October, up from a low of 4% during the worst of the pandemic, according to IHS Markit. Before Covid, European yields were about 9%.

Globally, jet fuel demand is forecast to surge about 45% from late January to early July, according to BloombergNEF, with growth particularly strong in North America and Western Europe.

[OJB]

88.86 USD/fat idag , det går kjapt mot 90USD/fat

[OJB]

87.71USD idag , sakset fra World Oil idag ;

Oil prices above $100 are more a matter of when, not if
Andrew Janes and Serene Cheong 1/19/2022

SINGAPORE (Bloomberg) --Surging demand, fading omicron fears, and OPEC+’s inability to ramp up output have underpinned an eye-watering rally in oil prices.

Global benchmark Brent crude has jumped 25% to around $88 a barrel since the end of November. Some in the market now think it’s now a question of when -- not if -- oil hits triple digits, somewhere it hasn’t been since 2014.

Goldman Sachs Group Inc. said this week it sees prices reaching $100 in the third quarter as consumption surprises to the upside. The cost of $100 call options for Brent’s December contract also surged to a record on Wednesday.

Crude at that level would add to the already considerable inflationary pressure in the global economy, causing a headache for central banks and governments. It’s certainly not a fait accompli, however. U.S. shale is coming back and has the potential to restrain the rally, while all eyes are on China to see if omicron can breach Covid-19 defenses that have so far proved mostly impenetrable.

[LN-RTP]

87.71USD idag , sakset fra World Oil idag ;

Oil prices above $100 are more a matter of when, not if
Andrew Janes and Serene Cheong 1/19/2022

Flott, olje aksjene mine bykser oppover hver dag.
Dette må vel være bra for A/S Norge også som lever av oljen i Nordsjøen?

[KnutW]

Originally Posted by LN-RTP

Dette må vel være bra for A/S Norge også som lever av oljen i Nordsjøen?

Joda, butikken går nok rundt ganske greit, men fondet har gått ned et par-tre hundre milliarder siden jul: https://www.nbim.no/

[LN-RTP]

Originally Posted by KnutW

Joda, butikken går nok rundt ganske greit, men fondet har gått ned et par-tre hundre milliarder siden jul: https://www.nbim.no/

Pytt pytt. det er vel lommerusk for det fondet?
Men hvis det blir saftig olje overskudd så blir det vel pumpet
inn i fondet uansett?

[Someone]

Originally Posted by KnutW

Joda, butikken går nok rundt ganske greit, men fondet har gått ned et par-tre hundre milliarder siden jul: https://www.nbim.no/

Mye av det skyldes at kronen har styrket seg (litt)

Hvilket på en måte er «meningen» og gjør at fondet styrker seg i NOK i dårlige tider

[OJB]

Prisene trender rundt 88USD/fat og forventes å stige opp mot 90USD/fat i løpet av neste uke. Det er ikke bare strøm Staten tjener penger på!

[OJB]

88,05USD/fat idag. Sakset fra World Oil idag under.

Er det noen som tror på billigere flybilletter i tiden fremover?!
Her litt lesestoff som setter dagens utfordringer i et visst perspektiv.

"Four ways the Iranian nuclear talks could upend oil markets
Paul Wallace and Grant Smith 1/25/2022

LONDON (Bloomberg) --The Iranian nuclear talks could hardly be more critical for oil traders. Crude prices have surged 10% this year to around $85 a barrel, with many analysts predicting it’s only a matter of time before they hit triple digits for the first time in eight years.

Whether they rush to that level or retreat hinges in large part on Iran’s return to global energy markets. The Islamic Republic is locked in negotiations in Vienna with world powers including the U.S. Their diplomats are trying to revive a 2015 accord that limited Tehran’s atomic activities in return for an easing of sanctions.

If they strike a deal, Iran may be able to raise exports enough that crude prices fall.

Iran is this year’s “wildcard” as far as oil production’s concerned, according to Bank of America strategists including Francisco Blanch. It’s “the largest risk looming over oil markets.”

Here’s how the market will react to different outcomes.

Comprehensive Deal

A new pact that’s similar to the 2015 agreement, which the U.S. pulled out of in 2018, would be the most bearish outcome for oil traders.

Tehran could sell some of the roughly 80 to 90 million barrels it holds in storage, many of them located in its main market of Asia. It would increase production at oil fields at the same time. Output might climb from around 2.5 million barrels a day -- mostly consumed by local businesses -- to 3.8 million within six months, according to the International Energy Agency, an adviser to rich countries.

Refiners in China, which last week disclosed its first imports from Iran in more than a year, would probably be among the first buyers of extra shipments.

They are already the main customers for what oil is exported, much of it disguised as coming from other countries to get around U.S. sanctions. Iranian foreign sales of crude and a light form of oil known as condensate averaged roughly 641,000 barrels a day last year, Kpler Ltd. estimates.

Bank of America says Iran’s exports in the year after any comprehensive deal would add up to 400 million barrels, enough to tilt global oil balances into a surplus. The lender sees oil soaring to $120 a barrel by mid-year but then falling to an average of $71 in the fourth quarter, in part because of additional Iranian supplies.

Partial Deal

There’s increasing talk of an interim agreement that falls short of restoring the so-called Joint Comprehensive Plan of Action.

It’s unclear if Tehran, which has said it only wants a full deal, would get any relief on oil sanctions in such a scenario. If not, that would be a bullish signal for markets. Still, it could at least cool geopolitical tension in the Persian Gulf and reduce some of the many shipping and drone attacks that have been blamed on Iran or its allies.

FGE, a London-based consultancy, is among those predicting Iran will get significant concessions on energy exports even under a partial deal. It sees one being struck in the second quarter and Tehran boosting crude sales to around 1.3 million barrels a day by the end of the year.

Status Quo

Deep divisions continue to plague the negotiations, which have dragged on since April 2021. That’s lead diplomats to contemplate a state of limbo setting in over the next several months.

“So much still has to be worked out,” said Helima Croft, chief commodities strategist at RBC Capital Markets LLC.

Goldman Sachs Group Inc. says the most likely scenario is that an agreement isn’t reached until the end of this year, with Iran only increasing oil production in 2023. Even then, its return is “unlikely to be rapid,” according to the bank, because fields, pipelines and other infrastructure probably haven’t been properly maintained since 2018.

The Wall Street lender forecasts that Brent crude will rise to $100 a barrel in the third quarter and average $96 for the year as a whole.

Talks Collapse

The most bullish outcome for oil is if the Vienna talks breakdown, with Iran or one of the other powers walking out.

“So much has changed since 2015,” said Croft. “Iran is now a nuclear-threshold state. Would they be willing to relinquish that status? It’s not guaranteed.”

A failure could cause an uptick in shipping and drone strikes in the region. Some might target oil facilities in a similar way to last week’s assault by Houthi rebels on an Abu Dhabi fuel depot or the 2019 bombardment of Saudi Arabia’s critical Abqaiq crude-processing plant. With markets increasingly nervous about the dwindling spare production capacity available to cover disruptions, such an attack could easily trigger a price spike.

If Israel or the U.S. launches air strikes against Iran to try and demolish its nuclear sites, crude could jump by as much as 15%, according to Eurasia Group. At today’s prices, that would take it close to or above $100 a barrel."

[WF789]

Rundet akkurat $90, og er for første gang over 800 kr.

[Someone]

Originally Posted by WF789

Rundet akkurat $90, og er for første gang over 800 kr.

Solid pris i NOK. Da oljeprisen var på $140 for noen år siden var jo USD/NOK langt nede på 5-tallet

[WF789]

Laveste dollar våren 08 var 4,97 om jeg husker rett.

[LN-MOW]

Originally Posted by WF789

Laveste dollar våren 08 var 4,97 om jeg husker rett.

Tar gjerne tilbake den, ja .......

Fortsatt under $3 per gallon her hos meg i Georgia ... men det fyker vel snart oppover.

[OJB]

Originally Posted by LN-MOW

Tar gjerne tilbake den, ja .......

Fortsatt under $3 per gallon her hos meg i Georgia ... men det fyker vel snart oppover.

Jeg er redd for det.
Neste vinter ser vi 120-130USD/fat slik jeg ser det nå.

[OJB]

89,92 USD/fat idag

[Twin Otter]

I følge DN har Brent Spot passert 90 dollar.

https://investor.dn.no/#!/Ravare/C1/BrentSpot

[OJB]

Det går oppover ; dagens er på 90,02USD/fat så langt. Ikke lenge igjen til 100USD/fat i følge World Oil og Chevron ;

Chevron CEO says $100 oil may be just months away
Kevin Crowley 1/28/2022

HOUSTON (Bloomberg) --Triple-digit oil prices are possible in the next few months as geopolitical risks and “struggling” supply hit global crude markets, said Chevron Corp.’s top executive.

Demand for petroleum is growing faster than production as the world transitions away from the worst of the pandemic, Chief Executive Officer Mike Wirth said Friday on Bloomberg TV. But in contrast to recent years, international politics, such as Russia’s military build-up near Ukraine, are also starting to spook markets, he said.

“A few years ago these types of events didn’t seem to really impact commodity markets, and today they seem to be doing so,” he said. Oil priced at “$100 is certainly within the realm of what we could see in the next few months.”

Brent crude traded up 1.7% to $90.83 a barrel at 10:58 a.m. in New York, close to a seven-year high.

But sky-high oil prices won’t last indefinitely, Wirth said after the company reported fourth-quarter earnings. “Longer term we think markets rebalance and prices will moderate.”

[OJB]

Dagens er 90,88 USD/fat , dagens World Oil under . Super majors er snart tilbake til gamle høyder;

Shell boosts buyback as profit soars on high oil, gas prices
Laura Hurst 2/3/2022

(Bloomberg) — Shell Plc expanded its share buybacks after reporting profit that blew past analyst estimates on the back of surging energy prices.


The positive fourth-quarter earnings cap a tumultuous year in which Shell was targeted by activist investor Dan Loeb, relocated its headquarters to London and dropped “Royal Dutch” from its name. Yet the company has also been buoyed by surging oil and gas prices, causing the biggest annual share-price gain in five years.

“We delivered very strong financial performance in 2021, and our financial strength and discipline underpin the transformation of our company,” Chief Executive Officer Ben van Beurden said in a statement on Thursday. “Today we are stepping up our distributions with the announcement of an $8.5 billion share buyback program.”