Post Tagged with: "Analysts"
Brazil greenlights study of Petrobras privatization, analysts remain skeptical
SAO PAULO – Brazil President Jair Bolsonaro’s government said it aims to include state oil company Petrobras in its privatization program on Thursday, despite analysts calling it a long-shot for the far-right leader seeking reelection.
Rather than triggering
Analysts sharply raise EU carbon price forecasts on tougher climate goals
LONDON – Analysts have significantly increased their European carbon market price forecasts on expectations tougher climate targets for greenhouse gas reductions in the bloc will drive up the cost of permits.
EU Allowances (EUAs) are expected to average 37.86 …
Traders thought Apple had ‘the holy grail’ of oil data, but the quest continues
NEW YORK – Every day, energy merchants collect and scrutinize whatever information they can find on fuel demand to get a trading edge: from satellite data tracking oil tankers worldwide to thermal images from cameras on pipelines and storage …
Oil analysts see prices edging up but still capped below $40/bbl: Reuters poll
Oil prices will gradually gain this year with demand improving and supply falling, although tensions between the United States and China are hanging over the coronavirus-hit market, a Reuters poll showed on Friday.
The survey of 43 analysts forecast …
Markets are getting too excited about the oil price rally too soon, analysts warn
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 …
Oil prices ‘could make a run at $80’ if US-Iran conflict intensifies, analysts say
Oil prices could surge toward $80 a barrel if escalating geopolitical tensions disrupt Middle East crude supplies, analysts told CNBC on Friday, with energy market participants “on tenterhooks” after a U.S. airstrike killed key Iranian and Iraqi military personnel.…
Oil Steadies as Saudi, Kuwait Signals Offset Demand Fears
From Reuters
Oil prices were little changed on Monday as expectations that major producers would continue to reduce global supplies ran into worries about sluggish growth in crude demand due to the U.S.-China trade war.
International benchmark Brent crude settled …
Exxon Mobil Profit Sinks, Chevron Rises as Both Boost Output
From Reuters
Weaker second-quarter refining and chemicals profits offset surging U.S. shale production at U.S. oil majors Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), the two reported on Friday.
Exxon’s topped analysts’ reduced estimates for the quarter but net …