DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:
& $ - 1

Search resuls for: "Commodities Research"


25 mentions found


☆ Oil steadies as tighter supply balances growth concerns
  + stars: | 2023-04-10 | by ( Alex Lawler | ) www.reuters.com   time to read: +2 min
Brent crude slipped 3 cents to $85.09 a barrel by 0816 GMT, while U.S. West Texas Intermediate crude gained 8 cents to $80.78. "I am in the latter camp and still see prices moving higher from here as we go through the year." Adding to tightness in supply has been a shutdown of Iraq's northern exports. Oil also drew support from a steeper-than-expected drop in U.S. crude inventories last week, as well as a decline in gasoline and distillate stocks, hinting at rising demand. In global financial markets, a U.S. inflation report to be released on Wednesday could help investors gauge the near-term trajectory for interest rates.
☆ Oil stable as investors assess tighter supply vs. growth outlook
  + stars: | 2023-04-10 | by ( Florence Tan Mohi Narayan | Florence Tan | Mohi Narayan | ) www.reuters.com   time to read: +3 min
Companies Baker Hughes Co FollowApril 10 (Reuters) - Oil prices were roughly unchanged on Monday as investors weighed the prospect of tighter supplies from OPEC+ producers from May against concerns about weakening global growth that may dampen fuel demand. The group known as OPEC+ will be cutting mostly sour crude supplies from Middle East producers led by Saudi Arabia. Following the announcement, the world's top oil exporter raised its May crude prices to term customers in Asia and the United States. Separately, investors are watching the progress of talks between Iraq and Kurdistan to restart northern oil exports which could bring more sour crude to the global market. Sharp rate hikes have boosted the greenback, making dollar-denominated commodities such as oil more expensive for investors holding other currencies.
☆ Oil steady as investors weigh tighter supply vs. growth outlook
  + stars: | 2023-04-10 | by ( Florence Tan | ) www.reuters.com   time to read: +3 min
Companies Baker Hughes Co FollowSINGAPORE, April 10 (Reuters) - Oil prices were roughly unchanged on Monday as investors weighed the prospect of tighter supplies from OPEC+ producers from May against concerns about weakening global growth that may dampen fuel demand. The group known as OPEC+ will be cutting mostly sour crude supplies from Middle East producers led by Saudi Arabia. Following the announcement, the world's top oil exporter raised its May crude prices to term customers in Asia and the United States. Separately, investors are watching the progress of talks between Iraq and Kurdistan to restart northern oil exports which could bring more sour crude to the global market. Sharp rate hikes have boosted the greenback, making dollar-denominated commodities such as oil more expensive for investors holding other currencies.
☆ Oil steady as investors weigh tighter supply versus growth outlook
  + stars: | 2023-04-10 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices were roughly unchanged on Monday as investors weighed the prospect of tighter supplies from OPEC+ producers from May against concerns about weakening global growth that may dampen fuel demand. The group known as OPEC+ will be cutting mostly sour crude supplies from Middle East producers led by Saudi Arabia. Following the announcement, the world's top oil exporter raised its May crude prices to term customers in Asia and the United States. Separately, investors are watching the progress of talks between Iraq and Kurdistan to restart northern oil exports which could bring more sour crude to the global market. Sharp rate hikes have boosted the greenback, making dollar-denominated commodities such as oil more expensive for investors holding other currencies.
☆ The prospect for oil prices will be on the downside rather than the up, says Citi's Ed Morse
  + stars: | 2023-04-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe prospect for oil prices will be on the downside rather than the up, says Citi's Ed MorseEd Morse, Citi global head of commodities research and managing director, joins 'Power Lunch' to discuss services leading China's recovery, declining U.S. demand for oil, and the global natural gas export market.
☆ OPEC's pricing power is higher than it has ever been, says Goldman Sach's Jeff Currie
  + stars: | 2023-04-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPEC's pricing power is higher than it has ever been, says Goldman Sach's Jeff CurrieJeffrey Currie, Goldman Sachs global head of commodities research, joins 'Squawk Box' to discuss whether OPEC's production cut is related to the recent bank failures, how much the production cut will filter through the commodities complex, and more.
☆ Here's how high Goldman sees oil going after OPEC's surprise production cut
  + stars: | 2023-04-03 | by ( Michelle Fox | ) www.cnbc.com   time to read: +1 min
Brent crude could reach $95 a barrel after OPEC's surprise production cut, according to Goldman Sachs. Oil prices surged in response. @LCO.1 1D mountain Brent crude futures (June '23) Goldman also raised its forecast for December 2024 to $100 per barrel from $97 per barrel. "OPEC's pricing power is higher than it has ever been," Jeffrey Currie, Goldman Sachs' global head of commodities research, said Monday in a CNBC " Squawk Box " interview. Goldman lowered its OPEC+ production end-2023 forecast by 1.1 million barrels per day.
☆ Leon Cooperman is bullish on oil and has 20% of his portfolio in energy stocks
  + stars: | 2023-04-03 | by ( Yun Li | ) www.cnbc.com   time to read: +2 min
Leon Cooperman said Monday oil prices are headed higher on the back of a demand comeback, boosting his energy stock picks. He said he has 20% of his portfolio in energy stocks. The widely followed investor said his two favorite stocks in the sector are Canadian oil and gas producers Paramount Resources and Tourmaline Oil . "It's growing production at 15%," Cooperman said on Tourmaline Oil. Paramount Resources shares are up more than 3% this year, while Tourmaline Oil saw its stock fall more than 17%.
☆ There's more oil than people think, and demand is significantly weaker: Citi's Ed Morse
  + stars: | 2023-03-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's more oil than people think, and demand is significantly weaker: Citi's Ed MorseEd Morse, Citi global head of commodities research and managing director, joins 'Squawk Box' to discuss if Morse ties the move in oil to the Federal Reserve, why a bump in global oil demand hasn't driven prices higher, and more.
☆ Watch CNBC's full interview with Goldman Sachs' Jeff Currie on energy outlook
  + stars: | 2023-03-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Goldman Sachs' Jeff Currie on energy outlookJeffrey Currie, Goldman Sachs global head of commodities research, joins CNBC's 'Squawk on the Street' to discuss his outlook on energy markets.
☆ Financial contagion hitting oil markets, not physical contagion, says Goldman's Jeff Currie
  + stars: | 2023-03-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinancial contagion hitting oil markets, not physical contagion, says Goldman's Jeff CurrieJeffrey Currie, Goldman Sachs global head of commodities research, joins CNBC's 'Squawk on the Street' to discuss his outlook on energy markets.
☆ This is one metal investors can consider buying on dip 'at any chance' they get, according to an analyst
  + stars: | 2023-03-02 | by ( Lee Ying Shan | ) www.cnbc.com   time to read: +3 min
The benchmark 62%-grade iron ore last traded at $126.80 per ton. Vincent Mundy | Bloomberg | Getty ImagesFalling prices for global crude steel output could also contribute to lower iron ore prices. "Global crude steel output fell modestly in year-on-year terms last month ... The result was driven by a fall in steel output amongst most of the world's largest steel producers." World crude steel output recorded a 3.3% drop in January compared to the same period last year, according to the World Steel Association.
☆ Oil rises on China demand hopes and supply concerns
  + stars: | 2023-02-20 | by ( Noah Browning | ) www.reuters.com   time to read: +2 min
LONDON, Feb 20 (Reuters) - Oil prices rose on Monday, buoyed by optimism over Chinese demand, continued production curbs by major producers and Russia's plans to rein in supply. Separately Russia plans to cut oil production by 500,000 bpd, equating to about 5% of its output, in March after the West imposed price caps on Russian oil and oil products. China and India have become major buyers of Russian crude since the European Union embargo. At the same time, future oil supply shortages are likely to drive prices toward $100 a barrel by the end of the year, Goldman Sachs analysts said in a Feb. 19 note. Prices will move higher "as the market pivots back to deficit with underinvestment, shale constraints and OPEC discipline ensuring supply does not meet demand", they wrote.
☆ Oil rises on China demand hopes, concerns on supply outlook
  + stars: | 2023-02-20 | by ( Emily Chow | ) www.reuters.com   time to read: +2 min
SINGAPORE, Feb 20 (Reuters) - Oil prices rose on Monday amid optimism over China's demand recovery, concerns that underinvestment will crimp future oil supply and as major producers keep output limits in place. U.S. West Texas Intermediate (WTI) crude for March, which expires on Tuesday, was at $76.78 a barrel, up 44 cents or 0.6%. Russia plans to cut oil production by 500,000 bpd, or around 5% of output, in March after the West imposed price caps on Russian oil and oil products. China is the world's largest crude oil importer. Prices will move higher "as the market pivots back to deficit with underinvestment, shale constraints and OPEC discipline ensuring supply does not meet demand," they wrote.
☆ Oil rises for 4th day as supply disruptions, China demand supports
  + stars: | 2023-02-09 | by ( ) www.cnbc.com   time to read: +1 min
Freight wagons carrying oil and fuel at a petroleum products terminal in Riga, Latvia, on Feb. 2, 2023. Oil edged up in early trade on Thursday, extending gains for a fourth consecutive day, as crude loading disruptions in Turkey and optimism over China's recovering demand continued to buoy sentiment. Brent crude futures rose 14 cents, or 0.2% to $85.26 a barrel by 0239 GMT, while U.S. West Texas Intermediate (WTI) crude futures firmed 11 cents, or 0.2% higher, to $78.58 a barrel. The disaster had halted operations at Ceyhan and disrupted crude oil flows from Iraq and Azerbaijan. However, increasing crude inventories in the United States put pressure on oil gains.
☆ Goldman Sachs' Jeffrey Currie's bullish outlook for commodities in 2023
  + stars: | 2023-01-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs' Jeffrey Currie's bullish outlook for commodities in 2023Jeffrey Currie, Goldman Sachs global head of commodities research, joins 'The Exchange' to discuss his bullish call on energy and oil commodities.
☆ Oil expected to stay volatile in 2023, but the price could depend on China reopening
  + stars: | 2022-12-28 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +10 min
Keeping a lid on prices Oil futures fell Wednesday amid signs that China is moving ahead to normalize its economy, with the removal of border and travel restrictions. Russia's invasion of Ukraine was the biggest shock to the oil market in the past year, sending prices spiking in the first quarter. Under some scenarios, a strong reopening in China could drive oil close to about $120 if supply is short. The latest efforts to penalize Russia were Europe's ban on seaborne oil, as of Dec. 5, as well as a G-7 price cap on the price Russia can receive for its oil. Morse said more oil supply is coming on line from the U.S. and other Western Hemisphere producers in 2023.
☆ Oil supply will outpace demand going into 2023, says Citi's Ed Morse
  + stars: | 2022-12-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOil supply will outpace demand going into 2023, says Citi's Ed MorseEd Morse, Citi global head of commodities research and managing director, joins 'Squawk on the Street' to discuss Morse's 2023 forecast for oil, what happens to the price of oil if the war in Ukraine ends and more.
☆ Brent crude prices will be higher in Q3 next year, targeting $110 per barrel, says BofA's Blanch
  + stars: | 2022-12-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBrent crude prices will be higher in Q3 next year, targeting $110 per barrel, says BofA's BlanchFrancisco Blanch, BofA Securities head of global commodities research, joins 'Power Lunch' to discuss what he sees ahead for the oil market, why he doesn't believe oil prices will stay at current levels and more.
☆ We expect Chinese oil demand to grow next year, says Citi's Ed Morse
  + stars: | 2022-12-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe expect Chinese oil demand to grow next year, says Citi's Ed MorseEd Morse, Citi global head of commodities research, joins 'Power Lunch' to discuss what happened with today's oil markets, if he's bearish on WTI crude and more.
☆ Goldman Sachs' Currie says oil stocks are trading 'far below' their long-term trend
  + stars: | 2022-11-30 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +2 min
Shares of energy companies could surprise markets and continue to rise, according to Goldman Sachs' head of commodities research, despite a recent fall in crude prices. Jeff Currie told CNBC that historically, stocks in the sector have traded at a higher premium to crude oil prices compared to current price levels . "There is a catch-up game going on between oil prices and ... equities," Currie said Tuesday. Spot oil prices and energy stocks tend to move in tandem. OPEC+ has recently hinted it could impose deeper output cuts to spur a recovery in crude prices .
Organizations: & $
☆ Defying forecasts, crude oil prices have wiped out most of this year's gains and could head lower
  + stars: | 2022-11-28 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +6 min
Aimee Dilger | ReutersOil prices are defying expectations and are barely higher on the year, as the outlook for oil demand continues to deteriorate for now. Higher oil prices next year? Analysts expect oil prices to increase next year. Morse said market dynamics have changed and oil demand growth will be smaller as a percentage of gross domestic product. "We are also looking for the peak of oil demand in this decade.
☆ The G-7 may cap Russia's oil price — but it won't dent Moscow's war chest, analysts say
  + stars: | 2022-11-25 | by ( Lee Ying Shan | ) www.cnbc.com   time to read: +1 min
(Photo by JOE KLAMAR / AFP)The Group of 7 nations are in talks to cap Russian oil at $65 and $70 a barrel — but analysts say it likely won't have a significant impact on Moscow's oil revenues even if it's approved. Russia has threatened to it will not supply oil to countries setting and endorsing the price cap. In a note on Thursday, he said that current Russian oil shipments face minimal disruption from the European Union denying shipping and insurance services. He agreed that the discussed price cap won't make much of a dent or deter Moscow in its war against Ukraine. "Russia's seaborne oil exports have increased to China, India and Turkey at the expense of advanced economies following the Ukraine war," he added.
☆ We have a bunch of bullish news that the oil market hasn't responded to, says Citi's Morse
  + stars: | 2022-11-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe have a bunch of bullish news that the oil market hasn't responded to, says Citi's MorseEdward Morse, Citi global head of commodities research, joins 'The Exchange' to discuss what he sees in the energy sector that gives him an outlier view, how the global oil market is faring and more.
☆ Goldman's Jeff Currie reveals 'the best' hedge against inflation, rate hikes and geopolitical risks
  + stars: | 2022-11-02 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +2 min
Oil and commodities are "the best bet" when it comes to hedging against inflation, rising interest rates and geopolitical risk, according to Goldman Sachs' Jeff Currie. "Oil and commodities are the best hedge for the environment that we're in right now," Currie said. "They're the best hedge against inflation, as well as the best hedge against rising interest rates. And they're also the best hedge against geopolitical risk. "I think the key point here is, if you're looking to hedge those risks, oil and commodities are your best bet."
<< prev 2 next >>
Total: 25