Post Tagged with: "RBC"

Source: CNBC

Oil outlook vastly different than when it plunged into negative territory a month ago

CNBC


The fortunes of the oil market have turned around dramatically in the past month.

This time last month, investors were watching the futures market in disbelief. The May contract for West Texas Intermediate oil was set to expire, and …

Oil Teeters on Edge of Bear Market

Oil Teeters on Edge of Bear Market

From Bloomberg


Supply and demand both falling quickly, says BofA’s Blanch, Energy investors beat sector ‘to death’: RBC Capital Markets

Oil flirted with bear-market territory as Saudi Arabia insisted OPEC will avert a global supply glut after international trade brinkmanship …

Venezuela’s Impact on Oil Markets Could Be Far Worse than Expected: RBC’s Croft

Venezuela’s Impact on Oil Markets Could Be Far Worse than Expected: RBC’s Croft

RBC Capital Markets analysts said while oil production in crisis-plagued Venezuela is poised to “plunge” in 2018, the extent of its losses could be far worse than investors were anticipating

From CNBC

An attendant sits at a closed Petroleos de …

December 18, 2017 - 2:32 pm Closing Bell Story‎, Energy News
RBC Examines 3 Paths to Oil Rebalance

RBC Examines 3 Paths to Oil Rebalance

U.S. crude oil stocks at this point in 2017 have dropped below the record highs of 2016. But inventories are still high. So in the face of predicted increasing oil production from shale in 2017, rebalancing inventories will be difficult, …

Canadian Banks Beat Estimates Despite Oil Exposure

Canadian Banks Beat Estimates Despite Oil Exposure

Canada’s big three banks all beat quarterly estimates

Royal Bank of Canada, Toronto-Dominion Bank and Canadian Imperial Bank of Commerce all topped profit estimates despite their exposure to the embattled oil and gas sector. Gross impaired loans to the oil …

Canadian Banks Comfortable with Energy Exposure

Canadian Banks Comfortable with Energy Exposure

Canadian banks have $80 billion of exposure to oil including untapped loans

Canada’s top banks have a combined exposure of C$107 billion (USD$80 billion) to the oil and gas industry, inclusive of untapped credit lines, reports Bloomberg.

Canadian Imperial …

March 2, 2016 - 6:46 pm Canada, Closing Bell Story‎, Oil and Gas 360 Articles