The volatility 'nightmare' in the oil market is not over yet, Citi analyst says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Citi's Ed Morse says the volatility that has rocked oil prices will continue as several potentially bullish geopolitical dramas play out.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

February's Market: Volatility, Geopolitics And Earnings Are On WatchFebruary’s market seems poised for more possible volatility as investors watch how geopolitical issues like Brexit and U.S.-China tariff tensions unfold. Meanwhile, Q4 earnings season, now underway, is presenting a mixed bag.
Source: Forbes - 🏆 394. / 53 Read more »

While there are now less 401(k) millionaires, investors did make smart moves during market volatilityThough the markets have mostly recovered from their year-end rout, that probably won't show up in your latest account statement. Just got the report on my personal taxes. Not seeing much benefit from that sweeping reform. Not really surprised either. I'll be fine because I'm as careful and frugal as possible, but others might not be so lucky. Buddy, can you spare a million? (I kid, of course) Um, Ms. Konish, the market has recovered its losses . . .
Source: CNBC - 🏆 12. / 72 Read more »

Top GE analyst Tusa was not impressed by earnings: 'Scratching our heads at the stock reaction'I'm scratching my head at Facebooks. Costs rising faster than revenue growth. Margins being squeezed. And their own guidance even predicted more of it. My theory is a lot of money is sitting in cash and people are jumping at putting it somewhere after reading one positive line. UTC aerospace will buy or merge with generalelectric aerospace after they both break up. Maybe within 5 years. Institutions got a heads up Culp was going to lie and they pumped it =collusion and corruption
Source: CNBC - 🏆 12. / 72 Read more »

Sanctions on Venezuela’s Crude Hit Oil Market in Vulnerable SpotThe deepening turmoil in Venezuela is exacerbating a shortfall of dense crude oil, leaving fuel makers in the lurch and underscoring the limitations of U.S. shale. Turmoil? Coup! HandsOffVenezuela There is no shortfall. FAKE NEWS Will get worse...we need to support until everything can get up and running under a true Venezuelan democracy! VenezuelaLibre
Source: WSJ - 🏆 98. / 63 Read more »

Here’s why the U.S. oil market has little to fear from Venezuela turmoilVenezuela is home to the world’s largest crude-oil reserves, but the sorry state of its oil industry means that U.S. sanctions on the country may have only a limited impact on the global crude market.
Source: MarketWatch - 🏆 3. / 97 Read more »