Afren is an independent oil and gas exploration and production company listed on the Main Board of the London Stock Exchange.
Focused on Africa – Afren has operations in several African countries encompassing the full-cycle E&P value chain of production, development, appraisal and exploration. Today, Africa is the fastest-growing source of natural resources and a major supplier to the world’s leading markets.
Afren holds a unique position on this continent and not only has close relationships with indigenous companies and suppliers – but also a strong African representation on the Board and management teams. Afren firmly adheres to a strong ethical policy that channels significant resources back into local economies.
Latest Afren PLC News
Oil price A quiet end to the week as the crude price holds around these levels even marginally up this morning. Although the bulls are saying that we are making quite a base here I am still concerned that we might have one more tilt at the lower levels, fundamentals still make for over supply. We a... Friday, January 30, 2015
Oil price After falling modestly yesterday the oil price has again 'stabilised' at around these levels after a speech in London given by el-Badri the Opec Secretary General. He must have been reading the blog as I have been suggesting that the more cuts that happen down here the higher the ... Tuesday, January 27, 2015
Oil price With the US closed yesterday it was pretty quiet according to traders I have contacted this morning, prices above are what I think are about right consensus. Either way crude fell in that light trading and various stats are having an effect on the market. The most important number was of... Tuesday, January 20, 2015
Oil price-Martin Luther King day, USA markets shut. After a topsy turvey week the oil price is almost as it was last Monday morning and that is after all three reporting agencies released their monthly reports. The IEA on Friday reduced their forecasts for non-Opec supply by 350/- b/d following the... Monday, January 19, 2015
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Oil price As is often the case on a Monday morning the prices above can be different following weekend movements and today has seen further weakness with WTI now at $47.25 and Brent changing big figure at $48.81. In no particular order here are a few factors influencing oil markets at the moment. ... Monday, January 12, 2015