Woodside Profit Trebled in 2022, Boosted by BHP Petroleum Merger and Oil and Gas Prices

Australia’s Woodside Energy, who merged with BHP Petroleum in June posted stellar full-year net profit more than trebled to a record in 2022 as oil and gas prices soared. The merger saw almost double production. The company also took control of Exxon Mobil’s 50 percent interest in the Scarborough gas field off Western Australia doubling their gas production. Woodside’s core net profit, jumped to $US5.23 billion in the year ended December 31, up 223 per cent from 2021, though less … Continue reading “Woodside Profit Trebled in 2022, Boosted by BHP Petroleum Merger and Oil and Gas Prices”

Woodside Moving on Developing Greater Sunrise Natural Gas Project in Timor Sea

Australia’s Woodside Energy Group is moving quickly to choose the best option for developing the Greater Sunrise natural gas field near East Timor. Last year East Timor’s president warned a continued impasse could open the door to investment from China. The project is a joint venture between East Timor’s state-owned energy company with 56.56% of the project, operator Woodside (WDS) holds 33.44% and Osaka Gas (OSGSF) owns 10%. It has been stalled for decades. China has been active in trying … Continue reading “Woodside Moving on Developing Greater Sunrise Natural Gas Project in Timor Sea”

Wake Up Call – The Day Ahead Jan 19, 2021

Some life in the markets after Earnings beats from Procter & Gamble (PG) UnitedHealth (UNH) Bank of America (BAC) Morgan Stanley (MS) Fastenal (FAST). Oil again supported by geopolitical threatss. The markets wait for a 20 year bond market and more earnings. A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates. Enjoy live commentary from Our Trading Room at youtube as … Continue reading “Wake Up Call – The Day Ahead Jan 19, 2021”

Wake Up Call – The Day Ahead Jan 12, 2021

The bounce continues in stock markets as US bonds weaken further. Oil again supported by geopolitical threats such as Kazakhstan. The markets wait for CPI after yesterday’s Fed Chair Powell inquisition. A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates, Open Interest Gamma levels on the S&P 500 and mega stocks like Apple and Tesla. … Continue reading “Wake Up Call – The Day Ahead Jan 12, 2021”

Wake Up Call – The Day Ahead Jan 11, 2021

The bounce continues in stock markets as US bonds weaken further. Oil again supported by geopolitical threats such as Kazakhstan. The markets wait for Fed Chair’s Powell inquisition today. A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates, Open Interest Gamma levels on the S&P 500 and mega stocks like Apple and Tesla. Enjoy live … Continue reading “Wake Up Call – The Day Ahead Jan 11, 2021”

Wake Up Call – The Day Ahead Jan 10, 2021

The meltdown continues in stock markets as US bonds weaken further with the different paths of Oil and stock markets after the FOMC minutes. Oil supported by geopolitical threats such as Kazakhstan impact A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates, Open Interest Gamma levels on the S&P 500 and mega stocks like Apple … Continue reading “Wake Up Call – The Day Ahead Jan 10, 2021”

Wake Up Call – The Day Ahead Jan 7, 2021

Ahead of NFP we look at the different paths of Oil and stock markets after the FOMC minutes. Oil higher overnight as geopolitical threats such as Kazakhstan impact A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates, Open Interest Gamma levels on the S&P 500 and mega stocks like Apple and Tesla on the jobs … Continue reading “Wake Up Call – The Day Ahead Jan 7, 2021”

Wake Up Call – The Day Ahead Jan 6, 2021

Oil and stock markets diverged after the FOMC minutes. Oil higher overnight as geopolitical threats such as Kazakhstan impact A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates, Open Interest Gamma levels on the S&P 500 and mega stocks like Apple and Tesla. Enjoy live commentary from Our Trading Room at youtube as the day … Continue reading “Wake Up Call – The Day Ahead Jan 6, 2021”

Wake Up Call – The Day Ahead Jan 5, 2021

Welcome to 2022. Oil and stock markets in same pattern of value v growth as ADP drops. Oil higher overnight ahead of EIA and solid moves overseas. A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates, Open Interest Gamma levels on the S&P 500 and mega stocks like Apple and Tesla ahead of Fed Minutes. … Continue reading “Wake Up Call – The Day Ahead Jan 5, 2021”

Wake Up Call – The Day Ahead Jan 4, 2021

Welcome to 2022. Oil and stock markets gapped up overnight ahead of OPEC+ and solid moves overseas. A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, Nasdaq, Russell, Oil and Natural gas. Markets again have eyes on Rates, Open Interest Gamma levels on the S&P 500 and mega stocks like Apple and Tesla. Welcome back the UK, Happy New Year! Enjoy live commentary from Our Trading Room … Continue reading “Wake Up Call – The Day Ahead Jan 4, 2021”