Post Tagged with: "Citi"

Source: CNBC

Market bounce is an ‘aftershock’ with ‘pretty horrific’ earnings to come, Citi analyst says

CNBC


Global stock markets have started this week with a bounce, as hopes that the coronavirus pandemic may be peaking drove investors back into risk assets following a historic downturn.

However, Citi strategists have suggested that the rally is nothing …

Source: CNBC

Citi explains why there’s an ‘ultimate cap’ on oil prices

CNBC


The cost of producing electricity from solar energy has in the last two years been lower than that of fossil fuels — and that “permanent change” will limit how high oil prices can climb, according to Citi.

That shift is …

Citi Sees Looming Glut Taking U.S. Oil Discount to 2013 Lows

Citi Sees Looming Glut Taking U.S. Oil Discount to 2013 Lows

From Bloomberg

Citigroup Inc. has a warning for U.S. oil investors: American crude prices may tumble to the steepest discount against global benchmark Brent since 2013.

West Texas Intermediate futures in New York will fall further to become as much …

October 2, 2018 - 1:41 pm Closing Bell Story‎, Commodity Pricing, Energy News