Brent jumps as OPEC+ surprises, stands pat on output
(Sharecast News) - Crude oil futures hit seven-year highs after OPEC+ nixed talks of a supply increase at their ministerial meeting.
Read moreThu, 02nd Apr 2020 15:52
(Sharecast News) - Crude oil futures hit seven-year highs after OPEC+ nixed talks of a supply increase at their ministerial meeting.
Read more(Sharecast News) - Benchmark oil prices have pushed past $80 a barrel for the first time in three years, as concerns about possible shortages grow.
Read more(Sharecast News) - The global push towards "net-zero" emissions could have significant implications for the inflation outlook depending on how quickly those changes are implemented, economists said.
Read more(Sharecast News) - Royal Dutch Shell is to exit the Permian Basin after striking a $9.5bn deal with US major ConocoPhillips.
Read more(Sharecast News) - London's top-flight index outperformed on Wednesday, buoyed by gains for index heavyweights BP and Royal Dutch Shell on the back of fast-rising energy prices globally.
Read more(Sharecast News) - Ryanair boss Michael O'Leary has warned that airfares will be "dramatically higher" next summer as passengers rush to return to Europe for their holidays. The outspoken airline chief executive said huge demand for holidays would coincide with fewer flights, which would mean a spike in prices for holidaymakers - not just for flights, but also for hotels. - Sunday Times
Read more(Sharecast News) - Equity strategists at Morgan Stanley downgraded their recommendation for US stocks ahead of the final stages of what they termed a mid-cycle transition.
Read more(Sharecast News) - Strategists at Berenberg recommended clients buy energy stocks, pointing to their attractions as 'value' plays, "strong" balance sheets and surplus free cash flow to back up their thesis.
Read more(Sharecast News) - The Biden administration is set to call on OPEC+ to raise crude oil production further in order to lower prices at the pump.
Read more(Sharecast News) - Analysts at Berenberg reiterated their 'buy' recommendation for shares of Royal Dutch Shell following the outfit's second quarter numbers.
Read more(Sharecast News) - Royal Dutch Shell: Berenberg keeps at'buy' but raises target price from 1,570.0p to 1,720.0p.
Read more(Sharecast News) - All of Royal Dutch Shell's key financial metrics headed in the right direction over the second quarter, with the company announcing a dividend increase and share buyback programme as a result.
Read more(Sharecast News) - Strategists at JP Morgan raised their year-end target for the S&P 500 and told clients that they did not anticipate that the Delta Covid-19 variant would derail the reopening of economies.
Read more(Sharecast News) - BP: Morgan Stanley stays at 'underweight' and revises target price from 285.0p to 305.0p.
Read more(Sharecast News) - Analysts at Morgan Stanley reiterated their 'overweight' stance on shares of Royal Dutch Shell in anticipation of share buyback announcements and higher dividend payouts from the oil major.
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