Post Tagged with: "MUFG"

Oil price spike could prompt demand slump, MUFG analysis suggests

Oil price spike could prompt demand slump, MUFG analysis suggests

Investing


NEW YORK  -Oil prices surged over 7% on Tuesday to their highest since 2014, as a global agreement to release crude reserves failed to calm fears about supply disruptions from Russia’s invasion of Ukraine.

Members of the International Energy

Source: Reuters

Morgan Stanley not given advisory role on Aramco pipeline sale: sources

Reuters


LONDON/DUBAI  – Morgan Stanley (MS.N) has not been given an advisory role on the potential sale of a stake in Saudi Aramco’s pipeline business, a deal worth over $10 billion, two sources told Reuters.

The U.S. investment …

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 …