Deutsche Bank keeps BP and Shell at 'buy'
(Sharecast News) - Analysts at Deutsche Bank lowered its target prices for most European oil and gas firms, although Shell and BP fared better.
Read moreSun, 08th Mar 2020 22:46
(Sharecast News) - Analysts at Deutsche Bank lowered its target prices for most European oil and gas firms, although Shell and BP fared better.
Read more(Sharecast News) - It's unlikely that Brussels will impose an immediate embargo on Russian oil, European Union officials said.
Read more(Sharecast News) - Russia and Ukraine were nearing agreement on "critical" matters and a ceasefire is possible if neither side backtracks, Turkey's foreign minister said.
Read more(Sharecast News) - Foreign ministers from European Union member countries were set to discuss a ban on Russian oil imports when they met on 24 March.
Read more(Sharecast News) - "Some progress" had been made in negotiations to stop the war, a senior lawmaker in Moscow said.
Read more(Sharecast News) - There were "certain positive shifts" in the talks that were undertaken the day before between Moscow and Kyiv, the Russian President said.
Read more(Sharecast News) - Analysts at JP Morgan told clients to "stay bullish" on European Big Oil, arguing that valuations were attractive and the Oil&Gas upcycle would trump companies' exposure to Russia and or periphery risks such as Kazhakstan.
Read more(Sharecast News) - Foreign ministers from the Russian Federation and Ukraine have confirmed that they will meet on Thursday in Antalya, Turkey.
Read more(Sharecast News) - Their was growing speculation that the Biden administration would announce a ban on imports of Russian crude oil as soon as Tuesday.
Read more(Sharecast News) - The Organisation of Petroleum Exporting Countries and its non-member allies approved a further increase in their combined production and said that the recent oil price surge was not the result of market fundamentals but of "geopolitical developments".
Read more(Sharecast News) - The exposure of most European companies' sales and profits to Russia is "not material" but the same cannot be said of their sensitivity to higher energy costs.
Read more(Sharecast News) - Morgan Stanley marked up its target prices across the European Oil&Gas space after updating its commodity price assumptions.
Read more(Sharecast News) - Oil supplies from OPEC+ over the course of 2022 could undershoot the producer alliance's own goals by 1.0bn barrels unless those member countries who have spare capacity on hand increase their output, the world's oil watchdog said.
Read more(Sharecast News) - The Organisation of the Petroleum Exporting Countries and its main allies, or OPEC+ as they are collectively known, will raise their combined output of crude oil in March as expected.
Read more(Sharecast News) - Analysts at Morgan Stanley sounded a 'bullish' note on the outlook for the FTSE 100, highlighting its greater 'defensive' properties relative to rivals, higher dividend yields versus global peers, exposure to energy and record low expectations for growth in the profits of its constituent companies.
Read more