Glencore’s Post

The North Sea was brutal today. The Dated Donkey got killed and went subterranean. In yet another instance of Dated Brent and components acting wildly this year, Forties traded below the zero line, after bidding went as high as +$2.20 in early August. The instrument needs a proper think-through before too many producers and consumers buffeted by the volatility shout out words starting with F or M, which we could take for Fiddling and Manipulation. Maybe there are other nouns. Diffs got smashed as Shell kept offering a mid-Nov Forties down to -5c below Dated. It dangled for a while before Glencore lifted it. They had to think before going for the bargain. The differential collapse contrasted with a Brent flat price that only moved upwards by 25c. There was one other trade in the window: Equinor lifted an early Nov CIF Ekofisk at +$1.55 over Dated from BP. What’s driving Shell to send the physical diff down? We don't know, but it worked! #Derivatives #OOTT

Drilling is a specilaised profession, extracting data for our clients is what it's all about.

After facing years of delays and scrutiny from safety regulators, the #JohanCastberg Field is set to launch strengthening #Norway’s position as Western #Europe's largest oil producer. The light sweet Castberg crude is anticipated to have a high demand, likely pricing above Dated Brent. #OOTT Herman Wang

Our long-standing partnership with Pacific Basin Shipping Limited, a leading player in the dry bulk shipping sector, is rooted in a shared drive to advance the industry and address the unique challenges of global trade. In a recent visit to Pacific Basin’s Vancouver office, Senior Customer Success Manager Raj Sodhi had an unexpected opportunity to board one of their handy-size vessels discharging 20,000 metric tons of sugar. In our latest blog, Raj details his experience witnessing firsthand the hard work that keeps global trade moving, along with seeing Veson and Pacific Basin’s collaborative efforts come to life. Read about Raj’s full experience here: https://hubs.ly/Q031NzPD0 #PacificBasin #Partnership #Maritime #ShippingIndustry #Shipfix #IMOSPlatform

Veeral Mehta, S&P Global, and Nicholas Worme, Carib LPG Trading, are discussing the growth of #LPG in the Caribbean. Globally, the market is quite large with a lot of the production from North America following the shale boom #SPCaribbean

Union Jack Oil to significantly de-risk Oklahoma opportunity, if next well tests impress @UnionJackOilplc #AIM #OTCQB #UJO #UJOGF. Success with Union Jack Oil PLC's (AIM:UJO, OTCQB:UJOGF) latest wells has the potential to derisk a growth story that could, according to house broker Shore Capital, see the AIM-quoted share more than double in value. At 10.82p today, Union Jack shares are up close to 24% in 2025 so far, and the small-cap has now put investors on notice that a pair of potentially significant well results will be reported in the coming weeks. Union Jack this morning announced that the Moccasin 1-13 well, in Oklahoma, was successfully drilled down to... http://ow.ly/J2uZ105YbvG

No more fuel worries with Pacific Petroleum bulk supply services. Keep your operations running smoothly and efficiently with reliable, on-time deliveries. Your business deserves the be. #BulkFuelSavings #BusinessGrowth #PacificPetroleumCares

Knightsbridge oil on paper 65 x 50 cm

The unstoppable Prudy Bennett of Home Oil Company shared her thoughts on running a successful petroleum distribution company. Read here for her valuable insights: https://lnkd.in/gr6seint

construction of a thickener being finalized on the TRI-K GOLD Guinea project.