Post Tagged with: "barclays"

Source: Reuters

Barclays lifts 2021 oil price outlook on tighter U.S. supply view

Reuters


Barclays raised its 2021 oil price forecast on Thursday, citing weaker than expected supply response from U.S. producers to higher prices and normalizing inventories after last week’s cold storm in Texas.

The bank increased its 2021 Brent crude oil

Source: Reuters

Barclays keeps 2021 oil price outlook, supported by vaccine boost

Reuters


Barclays kept its “above consensus” 2021 oil price forecasts on Monday, predicting Brent at $53 a barrel based on output discipline by OPEC and its allies, and based on a potential COVID-19 vaccine boosting demand in the second half.…

Source: Forbes

Barclays sees near-tem oil price correction if demand recovery slows

Reuters


Barclays Commodities Research said on Thursday oil prices could see a correction in the near-term if a recovery in fuel demand slows further, especially in the United States.

While a recent rally has been supported by faster-than-expected rebalancing of …

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 …

Source: Oryx Midstream Services

Oryx Midstream Lands $550 Million from Qatar Investment Authority

By Tyler Losier, Energy Reporter, Oil & Gas 360

Qatar Investment Authority acquires significant stake in Oryx Midstream Services from an affiliate of Stonepeak Infrastructure Partners
Qatar Investment Authority (QIA), the country’s sovereign wealth fund, will be acquiring a significant

Barclays Initiates Coverage on Oilservice Sector with “Neutral” Outlook

Barclays Initiates Coverage on Oilservice Sector with “Neutral” Outlook

Barclays’ coverage initiation on the oilservice sector last week could very well be summed up in two words: budget cuts.

The London-based banking company says approximately 90% of the oilservice group is historically correlated to oil prices, and the dropping …