Spain will not ask for a bailout until it has confirmation of the terms and conditions. Dow down 106. (Accessible only for subscribers before 10:15 AEDT)
ROC Oil delivered a solid interim earnings result and brokers continue to see value as the company develops projects such as Beibu Gulf and Balai Cluster.
BHP has blamed its shale asset write-down on low US gas prices. What lies in store for gas production investment across the globe? (First published August 8)
The ECB president has publicly argued the case for bond purchases via a German newspaper while the US economy appears decidedly beige. Dow up 4. (Accessible only for subscribers before 10:15 AEDT)
This week ATW’s Jerry Simmons talks Aussie, Euro and USD, also seeing a downward possibility for natural gas and some support for oil.
Draghi has cancelled his appearance at the Fed symposium to concentrate on the mission ahead. Dow down 21. (Accessible only for subscribers before 10:15 AEDT)
An upswing in demand suggests the global oil market is tightening and China remains a major driver for energy markets.
No new news, no volume, no incentives ahead of central bank meetings. Dow down 33. (Accessible only for subscribers before 10:15 AEDT)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Oil Search’s gas-feed options read like an embarrassment of riches, making a third PNG train all but a given, while as Woodside abandons yet another dry exploration well, a second Pluto train looks a long way off and growth seems illusory.