Bloomberg
Oil Falls Most in a Year Amid Demand Outlook Concerns
Oil trading higher after plunging the most in more than a year in New York trading. West Texas Intermediate slumped 5.6% to settle below $85 a barrel. Su Keenan reports on Bloomberg Television.
Bloomberg
Why Citi's Morse Sees Oil Falling to Low $70s in 2024
Ed Morse, global head of commodities research at Citigroup, explains his bearish call for Brent crude in 2024 on "Bloomberg Markets: The Close."
Bloomberg
Markets in 3 Minutes: Oil Won't Hold $100, Cooler German Inflation
Eddie van der Walt, Anna Edwards and Tom Mackenzie break down today's key themes for analysts and investors on "Bloomberg Markets Today."
Bloomberg
Continental Resources CEO Says Oil 'Absolutely' Headed to $100
Continental Resources CEO Doug Lawler says the price of crude oil will "absolutely" rise to $100 a barrel. "I think we're going to continue to see volatility in the $80 to $100 oil price environment right now. But I think the higher...
Bloomberg
Brent Crude May Surpass $100 Amid 'Strong' Momentum: ANZ
Daniel Hynes, senior commodity strategist at ANZ Group Holdings Ltd., discusses the outlook for oil. Global benchmark Brent futures neared $96 a barrel for the first time since November before paring gains and settling at $94.34 on...
Bloomberg
BP CEO Looney to Step Down
BP CEO Bernard Looney has resigned with immediate effect over the failure to fully disclose past relationships with colleagues. Alix Steel reports on "Bloomberg Markets."
Bloomberg
How the Saudi Oil Output Cut Impacts Markets
Saudi Arabia prolonged its unilateral oil production cut by another three months. Julia Fanzeres has more on what this could mean for markets on "Bloomberg Markets: The Close."
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Bloomberg
Construction Materials Really Weak in China: Zhao
"Construction materials are really weak." Matty Zhao, co-head of APAC basic materials, oil & gas research at BofA Securities, discusses commodities demand in China and her outlook for the sector. She speaks on Bloomberg Television.
Bloomberg
Oil Hits High for the Year as Supply Risks Grow
Oil is little changed after climbing to the highest in almost nine months. There are concerns a possible escalation of the conflict between Russia and Ukraine may choke off more supplies. Su Keenan reports on Bloomberg Television.
Bloomberg
Goldman Sachs' Jeff Currie Set to Leave Bank
Jeff Currie, Goldman Sachs' global head of commodities research, is leaving the bank after 27 years. The departure was announced in a memo to staff on Monday. Bloomberg's Jonathan Ferro has the latest on "Bloomberg Surveillance."
Bloomberg
BofA's Blanch Sees Inflection Point in Oil Market
Francisco Blanch, Bank of America's head of commodities research, discusses the outlook for the oil market with Romaine Bostick and Katie Greifeld on "Bloomberg Markets: The Close."
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Citigroup's Ed Morse Sees $90 Ceiling for Crude
Ed Morse, global head of commodities research at Citigroup, says without "wild card" weather-related disruptions he expects crude oil to remain below $90 on "Bloomberg Surveillance."
Bloomberg
Oil Market Latest: Russian Crude Output Drops
Oil is little changed after rising in Tuesday's trading in New York. West Texas Intermediate rose above $74 a barrel, surpassing its 100-day moving average, which has been a key resistance level in past months. Su Keenan reports on...
Bloomberg
UAE Won't Join Oil Production Cuts For Now
The United Arab Emirates won't be making further voluntary OPEC+ oil production cuts at the present time, said the country's energy minister. Saudi Arabia and Russia say they're keeping their fresh cuts in place. Bloomberg's Manus Cranny...
Bloomberg
Magellan Midstream CEO on 'Compelling' Oneok Deal
Magellan Midstream Partners President and CEO Aaron Milford discusses the rationale for combining with Oneok, the tax implications of the deal and the outlook for industry consolidation with Romaine Bostick and Scarlet Fu on "Bloomberg...
Bloomberg
Oil Rebounds as China's Stimulus Stokes Hopes for Demand
Oil is holding on to most of its big rebound. China has weighed measures to kickstart the world's second-largest economy, and that's raising speculation energy demand will increase. Su Keenan reports on Bloomberg Television.
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Bloomberg
Saudi Arabia Shouldn't Worry About Oil Speculators, Sankey Says
Russia is a bigger threat to Saudi Arabia when it comes to oil prices and not oil speculators, says Paul Sankey, a veteran industry analyst. He's on "Bloomberg Surveillance."
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Bloomberg
Saudi Arabia: Fiscal Expansion to Balance Out Fed Hikes
Saudi Arabia says it will rely on fiscal loosening to balance out the tight monetary policy imported from the US Federal Reserve. Minister of Economy and Planning Faisal bin Fadhil Alibrahim told Bloomberg's Matthew Martin that the...
Bloomberg
Oil Could Hit $100 in Second Quarter, Amrita Sen Says
Amrita Sen, the chief oil analyst at Energy Aspects, says that the second half of the year was going to "very bullish," pushing oil to $100 as long as the global economy was resilient. She speaks on "Bloomberg Markets."
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Bloomberg
Citi's Morse Says Oil 'Nowhere Near' $100 Scenario
Ed Morse, global head of commodities research at Citigroup, says US supply and less than predicted demand from China will keep the price of oil below $100 despite OPEC+ production cuts. "There is a scenario for $100 a barrel oil. But I...
Bloomberg
MineLife's Wendt On Gold Market Outlook
MineLife Founding Director & Senior Resource Analyst Gavin Wendt discusses his outlook and strategy for the gold market. He speaks with Yvonne Man and David Ingles on "Bloomberg Markets: Asia".
Bloomberg
OPEC Should Be Very Careful About Raising Prices, Says IEA's Birol
International Energy Agency Executive Director Fatih Birol wans that OPEC+ should be "very careful" about raising oil prices, saying this will provide an "additional boost" to the global energy transition away from fossil fuels. He...
Bloomberg
Pioneer's Dealy Sees WTI in $80-$100 Range Later This Year
Pioneer Natural Resources President Rich Dealy discusses first-quarter performance, acquisition strategy, and the outlook for oil prices on "Bloomberg Markets."