Capital Markets

The 360 Digital Closing Bell Look Ahead– 6-15-2020

The 360 Digital Closing Bell Look Ahead– 6-15-2020

​Another Week Ahead in Energy from the duo at Oil and Gas 360!! 

 

Another Monday, Another 360 Digital Closing Bell Podcast, brought to you by www.oilandgas360.com. This episode has the duo talking verbiage, specifically recovery vs. rebound and

Source: Reuters

United States Oil Fund receives green light to issue new shares

Reuters


NEW YORK – The United States Oil Fund LP, the largest U.S. oil-focused exchange-traded product, stated on Friday in a regulatory filing www.sec.gov/ix?doc=/Archives/edgar/data/1327068/000117120020000430/i20391_uso-8k.htm that it has gained approval to resume offering new shares.

USO’s registration of 1 billion …

Unprecedented: AEGIS Named Top Hedge Advisor Globally for Fourth Consecutive Year

Unprecedented: AEGIS Named Top Hedge Advisor Globally for Fourth Consecutive Year

AEGIS Energy Risk, the leading fintech and advisory solutions provider for commodity and rate hedging, was recently recognized as the 2020 Hedging Advisory Firm of the Year by Energy Risk Magazine. This …

Source: CNBC

Ex-Citigroup CEO Sandy Weill calls Morgan Stanley and Charles Schwab ‘very good buys’

CNBC


Sandy Weill, the former Citigroup CEO and chairman who helped create the megabank model in the 1990s, said Friday that Morgan Stanley and Charles Schwab were “really very good buys.”

Bank stocks have been hammered this week, giving …

June 12, 2020 - 12:30 pm Capital Markets, Closing Bell Story‎, Energy News, Finance
Differential Price Recovery: How Regional Forces Are Bringing Benchmark Prices Back Towards Equilibrium

Differential Price Recovery: How Regional Forces Are Bringing Benchmark Prices Back Towards Equilibrium

RarePetro


Oil & Gas Publishers Note: Another great industry insight article from Kevin Olson at RarePetro. 

Abstract

Financial markets attempted to buoy benchmark prices as oil and gas markets became volatile in Q1 2020. This created a disconnect in the …

Source: Reuters

Goldman traders gain $1 billion in commodities revenue after oil slump

Reuters


Goldman Sachs Group Inc (GS.N) commodities unit generated more than $1 billion in revenue this year through May as traders positioned their bets for the collapse in oil prices, a source familiar with the group’s finances said …

Source Reuters

S&P 500, Dow retreat after rally; Nasdaq gains further

Reuters


Wall Street’s S&P 500 and Dow Jones indexes fell on Tuesday, while the tech-heavy Nasdaq hit a record high for the third straight session, as investors eyed this week’s Federal Reserve meeting for signs on how it views a …

Source: CNBC

Goldman Sachs says an oil price correction as deep as 20% ‘may already be underway’

CNBC


Goldman Sachs sees a correction in oil prices on the horizon even amid a significant recovery in the last month and the recent decision by OPEC and its allies to extend historically large production cuts through July.

“With oil …

“Chesapeake Energy Shares Halted By NYSE Amid Reports of Chapter 11 Bankruptcy Plans” (CHK)

“Chesapeake Energy Shares Halted By NYSE Amid Reports of Chapter 11 Bankruptcy Plans” (CHK)

The Street


Shale gas pioneer Chesapeake Energy, once worth $37.5 billion, has warned of a possible Chapter 11 bankruptcy filing in order to restructure some $9 billion in debts.
Chesapeake Energy Corp.  (CHK) – Get Report shares plunged
The 360 Digital Closing Bell Look Ahead– 6-8-2020

The 360 Digital Closing Bell Look Ahead– 6-8-2020

​Another Week Ahead in Energy from the duo at Oil and Gas 360!! 

 

Michael Tanner and Stuart Turley cover everything you need to know about the upcoming week in energy Show starts diving into the story-behind-the-story on last

Source: CNBC

This is the greatest 50-day rally in the history of the S&P 500

CNBC


The S&P 500 has returned 37.7% over the last 50 trading days, making it the benchmark index’s largest 50-day rally in history, according to LPL Financial.

And if history is any indication, there could be more gains ahead.

Looking …

June 3, 2020 - 2:30 pm Capital Markets, Closing Bell Story‎, Finance
Peabody to cut staff at NSW’s Metropolitan coal mine -a symptom of larger problems

Peabody to cut staff at NSW’s Metropolitan coal mine -a symptom of larger problems

Argus


Oil & Gas Publishers Note: These layoffs and the weaker demand in the coking coal are just another example of the world wide slowdown. Coking coal is used in steal production. The domino effect of the world Covid-19 pandemic

Source: Reuters

Column: Hedge funds turn bullish on crude, remain cautious on fuels

Reuters


LONDON – Hedge funds continue to bet on a recovery in oil prices, but their bullishness is concentrated on crude, especially U.S. crude, while refined fuel markets are expected to take longer to tighten.

Hedge funds and other money …

Source: CNBC

Morgan Stanley is planning to bring traders back to New York headquarters next month, sources say

CNBC


Morgan Stanley is planning to kick off the return of trading personnel to its New York headquarters in mid to late June, according to people with knowledge of the situation.

The firm expects that, at least at first, only …

May 29, 2020 - 3:00 pm Capital Markets, Closing Bell Story‎, Finance
The Incoming Glut: Excessive Levels of Heavy Crude Supply in a Saturated Market

The Incoming Glut: Excessive Levels of Heavy Crude Supply in a Saturated Market

RarePetro


Oil & Gas 360 Publishers Note:  Kevin Olson has assembled great data points about the influx of fifty million barrels of foreign crude oil to the United States, and may offset most of the production cuts. Pushing out any

The Incoming Glut: Excessive Levels of Heavy Crude Supply in a Saturated Market

The Incoming Glut: Excessive Levels of Heavy Crude Supply in a Saturated Market

RarePetro

Oil & Gas 360 Publishers Note:  Kevin Olson has assembled great data points about the influx of fifty million barrels of foreign crude oil to the United States, and may offset most of the production cuts. Pushing out any

May 29, 2020 - 11:25 am Capital Markets, Crude Oil Storage, OPEC
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