US crude oil points to mixed trade in Asia ahead of US industry weekly inventory estimates
U.S. crude oil prices pointed to a mixed open in Asia on Tuesday ahead of weekly U.S. inventory estimates and industrial production figures from China….
Crude oil
Crude oil prices may start week on back foot on emerging market currency concerns
Crude oil prices could start the week on the back foot in Asia on Monday as concerns over emerging market currencies, sparked by sharp falls…
Nomura: Go short the ruble as crude oil longs near highs
Nomura tipped going short Russia’s ruble, citing country-specific factors as well as the rise in crude oil positioning. “Long ruble positioning is crowded, with the…
Morgan Stanley upgrades SembMarine to Overweight, turns positive on Singapore O&M
Morgan Stanley pointed to signs “green shoots” in Singapore’s offshore and marine sector were accelerating, with the order book recovery becoming more pronounced. “Potential FPSO…
Goldman Sachs: Get ready for a new golden age for Big Oil
Oil producers perform best in the “restraint” phase of the cycle, with Big Oil about to see a new golden age, Goldman Sachs said in…