Tag: oil

Morgan Stanley: Oil Is Heading To $70

Morgan Stanley: Oil Is Heading To $70

Oil markets will remain weak until 2017 but should rapidly tighten thereafter; that’s according to analysts at Morgan Stanley who believe that most oil market participants are spending too much time concentrating on the oil markets of the Middle East […]

Which Commodities Will Benefit From Brexit?

Which Commodities Will Benefit From Brexit?

Which Commodities Will Benefit From Brexit? Buy gold but be cautious around oil and copper, that’s the main takeaway from Deutsche Bank’s special commodities report entitled “commodities weathering the Brexit storm”. Most commodity markets remain plagued by oversupply, but the […]

Oil Price: Next Stop $80 A Barrel?

Oil Price: Next Stop $80 A Barrel?

At the beginning of this year, energy analysts at investment bank Raymond James published a report stating that they believed the price of oil could hit $70 a barrel by the end of 2016. At the time, when oil was […]

Oil: The Long-Term Trend Is Clear

Oil: The Long-Term Trend Is Clear

Wednesday was a busy day for oil watchers. Following comments from the International Energy Agency on Tuesday, Goldman Sachs published a report this morning saying about it expects the oil market to return to surplus early next year after moving […]