A Rare Week Of Optimism For Oil

07:00pm, Friday, 01'st May 2020
Oil markets are on course to see their first weekly gain in over a month as the OPEC+ production cut comes into effect and a wave of shut-ins hit the shale patch
Royal Bank of Canada reiterated their underperform rating on shares of ENI (NYSE:E) in a research note released on Monday, The Fly reports. Several other analysts have also recently issued reports on
BASRA, Iraq/BAGHDAD, April 30 (Reuters) - Iraq will struggle to cut crude output a record 1 million barrels per day (bpd) or 23 % from May under OPEC's deal with Russia and other producers, and Baghda
(Bloomberg Opinion) -- The anti-politics Five Star Movement may be part of Italy’s ruling coalition, but recent nominations to the boards of Italy’s state-backed companies look as pro-politics a
While oil majors have a much better ability to survive the current crisis than smaller independent drillers, they will likely have to take on much more debt or shrink the size of their operations

This Rebound Is Only Temporary

07:00pm, Friday, 24'th Apr 2020
While oil prices have rebounded from the record lows they hit last week, the rebound is likely to only be temporary as more bearish news piles up
ENI (NYSE:E) was downgraded by stock analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a report issued on Monday, Marketbeat.com reports. A number of other resear
This current oil price is unsustainable, thus there is a high probability it will bounce back in the next two years. Occidental Petroleum can raise enough liqui

ENI (NYSE:E) Upgraded at Morgan Stanley

06:40am, Sunday, 19'th Apr 2020
ENI (NYSE:E) was upgraded by equities researchers at Morgan Stanley from an “underweight” rating to an “equal weight” rating in a report released on Friday, Marketbeat reports. A number of oth

Saudi Arabia’s Oil Stock Gambit

10:00pm, Friday, 17'th Apr 2020
Saudi Arabia’s sovereign wealth fund has been on a rampage, buying up stocks in European oil majors while crude prices remain low
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