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Top related persons:
Brent - 2 Amarpreet Singh - 2 Singh - 1 Tamas Varga - 1 Kospi - 1 JPMorgan Chase - 1
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New Mexico China BANGKOK Gaza Hong Kong Australia Bangkok China's
Top related orgs:
Barclays - 2 Demand - 1 Wall - 1 Nikkei - 1 Federal Reserve - 1 Fed - 1 Dow Jones Industrial - 1 Nasdaq - 1

Search resuls for: "Amarpreet Singh"


4 mentions found


☆ U.S. crude oil falls 3.2% in May, on pace for worst month of the year
  + stars: | 2024-05-30 | by ( Spencer Kimball | ) www.cnbc.com   time to read: +1 min
An oil pumpjack is pictured in the Permian Basin in the Loco Hills regions, New Mexico, on April 6, 2023. U.S. crude oil was little changed Thursday but is on pace for its worst month of the year and a second consecutive monthly loss. U.S. crude oil is down 3.2% in May, its worst performance since December. Brent has lost nearly 5% this month, putting the global benchmark on pace for its first negative month in five. Demand in China appears to have softened in the first quarter, Singh told clients in a note.
Persons: Brent, Amarpreet Singh, Singh, Tamas Varga Organizations: Barclays, Demand Locations: New Mexico, China
☆ Stock Market Today: Rate Hopes Push Asian Shares Higher While Oil Prices Edge Lower
  + stars: | 2023-10-10 | by ( Associated Press | Oct. | At A.M. | ) www.usnews.com   time to read: +4 min
BANGKOK (AP) — Asian shares have climbed after Wall Street advanced on potentially encouraging news about interest rates, which have been dragging markets lower since the summer. Oil prices, which had climbed Monday on worries about the violence in the Middle East, fell back. Oil prices already were volatile. Interest rates, and expectations for where they will go, have been driving Wall Street's swings more than anything since the start of last year. Investors dislike higher interest rates because they knock down prices for stocks and other investments.
Persons: Kospi, Brent, Amarpreet Singh, JPMorgan Chase Organizations: Wall, Nikkei, Federal Reserve, Fed, Dow Jones Industrial, Nasdaq, New York Mercantile Exchange, Brent, Barclays, Wall Street's, Halliburton, U.S . Treasury, Delta Air Lines, JPMorgan, UnitedHealth Group, U.S . Locations: BANGKOK, Gaza, Hong Kong, Australia, Bangkok, China's, Israel, Saudi Arabia, Wall, U.S
☆ Oil prices lower as outlook grows bearish. Traders fear weak China demand more than impact of Russian sanctions
  + stars: | 2022-11-21 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +4 min
Oil prices were volatile Monday as traders considered the possibility of weakening Chinese demand and a growing view that world could have sufficient supplies even with a European ban on Russian oil. The firm cited China's Covid restrictions and a lack of clarity on G-7 price caps on Russian crude for the new outlook. The European Union's ban on seaborne Russian oil starts Dec. 5. "Every fundamental signal in the crude market right now is bearish," she said. At least for now, the market expects there will be sufficient supplies even with Russian sanctions, Babin said.
☆ Oil volatility could get more intense as Europe's December deadline approaches
  + stars: | 2022-10-26 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +9 min
Singh notes there could be a significant drop in Russian oil in coming months as European restrictions on imports of oil and refined products, like diesel, take hold. Barclays expects about 1 million barrels of Russian oil to come off the market, but Singh said his estimate is low compared with others. He noted that China and India have increased their purchases of Russian oil, but so have other countries, like Turkey. We also believed the government in the U.S. was going to put a floor under oil prices by refilling the SPR," said Blanch. There's going to be a very large spread between European energy prices and U.S. energy prices."
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