Capital Markets

Source: Reuters

Morgan Stanley sees tighter oil market, raises Brent forecast

Reuters


Morgan Stanley on Tuesday raised its year-end Brent price forecast to $40 per barrel, citing a faster-than-expected balance in global oil demand and supply as countries ease coronavirus restrictions and major producers cut supply.

 

“We expect demand to …

The 360 Digital Closing Bell Look Ahead– 5-25-2020

The 360 Digital Closing Bell Look Ahead– 5-25-2020

VERY SPECIAL Mega Memorial Day 360 Digital Closing Bell episode #19 back for another week ahead in energy!

Show starts with Michael Tanner talking about what ESG might look like post-COVID19 as it relates to the markets (hint: slight history

Coronavirus Threatens to Hobble the U.S. Shale-Oil Boom for Years

Coronavirus Threatens to Hobble the U.S. Shale-Oil Boom for Years

WSJ


American shale drillers helped turn the U.S. into the world’s top oil producer, topping 13 million barrels a day earlier this year. It likely will be years—if ever—before they reach such heights again.

That is the growing view among …

Post-Crisis Recovery: Oil Supply and Demand is Moving Back Towards Equilibrium with China Leading the Way

Post-Crisis Recovery: Oil Supply and Demand is Moving Back Towards Equilibrium with China Leading the Way

Rare Petro


Oil & Gas Publishers Note: This is an outstanding case study from Kevin Olson at Rare Petro. He does a great job covering the global oil demand inflection points. 

Abstract

The dual black swan events of 2020 have …

As boomers hand over the keys to the stock market, sustainability-minded younger investors let their consciences lead

As boomers hand over the keys to the stock market, sustainability-minded younger investors let their consciences lead

Holdings that make up an ESG mutual fund or ETF can vary greatly, including sticky territory like fossil-fuel companies or tech stocks with large carbon footprints. Only 10% of sustainable diversified equity funds exclude all fossil fuels, says Jon Hale,

Citigroup launches new ESG investment banking group

Citigroup launches new ESG investment banking group

Reuters


Oil & Gas 360 Publisher’s Note: The oil industry is strapped for cash. If an oil company does not have a well communicated, and documented, ESG plan in place, gaining access to capital will be increasingly more difficult.

NEW …

The 360 Digital Closing Bell Look Ahead– 5-18-2020

The 360 Digital Closing Bell Look Ahead– 5-18-2020

The gang is back for a WILD SHOW. Show starts by covering some random topics:

 

Show starts with random story time as the crew whips around some of the pressing issues not big enough for their own segment: OK

Source: CNBC

Stocks drop in volatile trading as Wall Street wraps up worst week since late March

CNBC


Stocks fell in volatile trading Friday as Wall Street wrapped up its worst weekly performance since late March. Investors grappled with a slew of economic reports as well as increasing tensions between China and the U.S.

The Dow Jones

May 15, 2020 - 2:00 pm Capital Markets, Closing Bell Story‎, Finance
Source: Reuters

Barclays raises oil price outlook as falling output offsets demand hit

Reuters


Barclays Commodities Research on Friday raised its oil price forecasts for this year and 2021, buoyed by supply cuts to balance the demand erosion caused by conrovirus-led restrictions.

In recent days, several OPEC nations including Saudi Arabia said they …

EIA expects lower natural gas production in 2020

EIA expects lower natural gas production in 2020

EIA


Oil and Gas Publishers Note: While the EIA is looking at prices in the $2.95 range, we have been talking to many experts in the oil and gas space and they look for higher numbers. It is always to

Source: Reuters

Sharp oil price pullback unlikely as demand improves: Goldman

Reuters


The risk of a sharp pull-back in oil prices has decreased as the rebalancing of the crude market gathers pace, Goldman Sachs said, aided by a gradual lifting of coronavirus lockdowns and a faster-than-expected fall in output.

The Wall-Street …

PU: “We think the U.S. gas, even at these low oil prices, will continue to be well advantaged.

PU: “We think the U.S. gas, even at these low oil prices, will continue to be well advantaged.

BIC


The Covid-19 pandemic turned the table for U.S. petrochemical companies that saw cost advantages erode for their ethane crackers in relation to those that use naphtha as feedstock, as reported by Petrochemical Update.

Plunging oil prices in 2020 …

May 14, 2020 - 10:00 am Analytics, Capital Markets, Crude Oil News, Natural Gas News
The 360 Digital Closing Bell Look Ahead– 5-11-2020

The 360 Digital Closing Bell Look Ahead– 5-11-2020

The gang is back for a WILD SHOW. Show starts by covering some random topics:

(1) Green Renewable are not so green (or renewable) according to a new Michael Moore Doc

(2) Hydrogen could be the next energy for front

Source: CNBC

Why the stock market is up even with historic job losses

CNBC


A record number of Americans just lost their job, and yet stocks are moving higher. This seems paradoxical given the economic toll — to say nothing of the emotional toll — on millions of people across the country without

May 8, 2020 - 3:00 pm Capital Markets, Closing Bell Story‎, Economy, Finance
The 360 Digital Closing Bell Look Back – 5-8-2020

The 360 Digital Closing Bell Look Back – 5-8-2020

Another Friday, Another week that was in energy! Short show as Michael begins by over viewing what we know about shuts ins and what to expect moving forward with them! As always the gang checks the levels,

Stu covers everything

Source: CNBC

Markets are getting too excited about the oil price rally too soon, analysts warn

CNBC


Oil prices rallied for five consecutive days this week amid investor optimism over the relaxing of coronavirus lockdowns in the U.S. and around the world, but several energy analysts argue it’s too soon to get carried away.

The commodity …

Source: Reuters

Oil outlook for this year and next turning brighter: UBS

Reuters


UBS expects a pick-up in oil demand as virus-hit economies relax lockdowns and travel restrictions ease this month, with production to be subdued on the backdrop of current low prices and aggressive capital spending cuts by oil and gas …

Source: Reuters

Funds buy WTI in bet worst is over for oil: Kemp

Reuters


LONDON – Hedge funds and other money managers bought petroleum derivatives last week in the cautious hope the industry may have passed the worst point of the coronavirus-induced lockdowns.

Money managers purchased the equivalent of 41 million barrels in …

Source: Reuters

Goldman Sachs says it remains bullish on oil prices in 2021

Reuters


Lower crude production due to reduced activity and OPEC+ cuts, coupled with a partial recovery in oil demand, should drive prices higher next year, Goldman Sachs Equity Research said in a note.

The Wall Street bank raised its 2021 …

Source: CNBC

Oil falls on renewed US-China tensions, global glut

CNBC


Oil prices fell on Monday on worries that a global oil glut may persist even as coronavirus pandemic lockdowns start to ease and amid a fresh spat between the United States and China over the origin of the virus.…

The 360 Digital Closing Bell Look Ahead– 5-4-2020

The 360 Digital Closing Bell Look Ahead– 5-4-2020

The gang is back for another wild episode of the 360 DCB! Michael and Stu start by over-viewing earnings season so far and see if their are any clues for the rest of the earnings calls this season. They then

The 360 Digital Closing Bell Look Back – 5-1-2020

The 360 Digital Closing Bell Look Back – 5-1-2020

The duo is LIVE for Episode #12 for the 360 Digital Closing Bell for another wild week in energy. Michael starts by overview the big news that the Trump Administration is considering multiple lending methods to help struggling OG companies

Source: Reuters

U.S. Oil Fund sitting on $726 million in unrealized losses before April

Reuters


BOSTON  – The United States Oil Fund(USO), the share price of which has been crushed this month by big bets on front-month oil contracts, revealed on Tuesday that it was sitting on more than $700 million in unrealized losses …

Source: CNBC

Oil prices could go negative again for reasons beyond just storage

CNBC


It’s not all about storage.

Yes, the world is watching the available amount of oil storage to try to figure out when the ‘tank tops’ and there’s simply no more space to fill with unneeded crude. There are, however, …

Source: CNBC

A lot of negativity has already been priced into energy stocks, traders say

CNBC


Call it an S&P bright spot.

Energy was the only S&P 500 sector to end last week in the green, capping off a wild five trading days in the space.

The Energy Select Sector SPDR Fund (XLE) was down …

The 360 Digital Closing Bell Look Ahead– 4-27-2020

The 360 Digital Closing Bell Look Ahead– 4-27-2020

Stu and Michael back out it for another week head in oil!! Wild show starts with a rant from Michael about negative pricing and the huge unintended consequences from this contango market. The duo then shifts to the top stories

Historic plunge in oil to NEGATIVE $37, WTI!?!?

Historic plunge in oil to NEGATIVE $37, WTI!?!?

Oil & Gas 360


Historic plunge in oil to NEGATIVE $37, WTI!?!?
A Red Herring… For Most, For Now.

How Can Prices Go Negative? That doesn’t make sense.

You’re correct- it doesn’t make a whole lot of sense unless you …

Source: Reuters

Big Oil investors to look past earnings pain and focus on dividends

Reuters


LONDON/HOUSTON – Investors already braced for poor first-quarter earnings from major oil and gas companies next week will focus on how executives plan to save cash and whether they will cut dividends following the collapse in oil prices.

The …

Source: CNBC

Since 2000, here’s where Dow, S&P 500 trade one month after wild moves in energy

CNBC


It may seem like ancient market history already, but last Friday the S&P 500 energy sector surged by more than 10%. By Monday the unprecedented drop in oil futures had sent a barrel of crude into negative territory, which …

The 360 Digital Closing Bell Look Back – 4-24-2020

The 360 Digital Closing Bell Look Back – 4-24-2020

Episode #10. The 360 Digital Bell Look Back Report. Michael Tanner, the Host of the closing bell, covers what happen for during this week; the good the bad and the homely. We cover the article by David Forsberg on the