Neueste Heute 26.04.2024 25.04.2024
Largest Oil ETF Hit With Record Outflow On Subsiding Geopolitical Risk Premium
25.04.2024, 20:04 Uhr. ZeroHedge News - https: - Largest Oil ETF Hit With Record Outflow On Subsiding Geopolitical Risk Premium A reduced geopolitical risk premium for Brent crude this week is likely one of the main drivers resulting in the largest daily outflows for the US Oil Fund ETF. Tensions between Iran and Israel have subsided in recent days, and it's entirely possible the White House is...
Soaring Russian Oil Imports Drag OPEC's Market Share In India To Record Low
20.04.2024, 01:22 Uhr. ZeroHedge News - https: - Soaring Russian Oil Imports Drag OPEC's Market Share In India To Record Low Authored by Tsvetana Paraskova via OilPrice.com, Russia was India’s single largest oil supplier for a second consecutive fiscal year, as surging imports of Russian crude dragged down the share of OPEC and Middle East supply to India to a record low, Reuters reported on Friday...
BRICS - The Project Of The Century
19.04.2024, 08:01 Uhr. ZeroHedge News - https: - BRICS - The Project Of The Century Authored by Peter Hanseler via VoiceOfRussia.com, The Western media are prioritizing the Ukraine conflict, the green revolution and the woke revolution. In the shadow of this media coverage, BRICS is changing the world. We bring you the latest figures and place them in the current geopolitical environment. – An analysis...
Javier Blas Outlines Ten Takeaways For Crude Market Following Iran's Direct Attack On Israel
14.04.2024, 21:47 Uhr. ZeroHedge News - https: - Javier Blas Outlines Ten Takeaways For Crude Market Following Iran's Direct Attack On Israel Iran's direct attack on Israel on Saturday evening is viewed certainly as an escalation in the Middle East conflict. Tehran's missile and drone attack (widely unsuccessful) has been well-telegraphed (read: here & here) for the last two weeks, pushing up...
The Case For Oil Gains Into A Weekend Wins Again Amid $100 Brent Call Frenzy
12.04.2024, 20:40 Uhr. ZeroHedge News - https: - The Case For Oil Gains Into A Weekend Wins Again Amid $100 Brent Call Frenzy A few weeks ago, Bloomberg commodity expert Alex Longley,wrote - correctly - that given the geopolitical risk in the world, there’s hardly any reason for traders to brace for oil declines on a Friday. Fast forward to today, when that statement is even more true now than...
Russia Bombards Ukraine With Hypersonic Missiles & Drones, Damaging Power Plants, NatGas Facilities
11.04.2024, 12:55 Uhr. ZeroHedge News - https: - Russia Bombards Ukraine With Hypersonic Missiles & Drones, Damaging Power Plants, NatGas Facilities Russia launched a major missile and suicide drone offensive on Thursday, bombarding Ukraine's power grid and underground natural gas storage sites. Bloomberg reports Russia air-launched six hypersonic Kinzhal missiles that hit critical infrastructure...
Pump-Prices Continue To Surge, Gasoline Inventories See Small Build
10.04.2024, 16:40 Uhr. ZeroHedge News - https: - Pump-Prices Continue To Surge, Gasoline Inventories See Small Build Crude prices slid back to unchanged this morning - from some overnight gains - after a hotter than expected CPI print took demand-seducing rate-cuts off the table. However, as Bloomberg reports, oil is still up 19% this year as OPEC+ cuts supply and geopolitical tensions across the...
Here's What Will Push Oil Above $100/Bbl
08.04.2024, 21:46 Uhr. ZeroHedge News - https: - Here's What Will Push Oil Above $100/Bbl Back in early December, just after Powell's dovish pivot shocked everyone, many closet oil bulls like BofA's energy strategist Francisco Blanch, predicted that a dovish Fed would send oil back to $100. Unfortunately for him, oil did nothing and just one month later, as no oil buying had materialized, Blanch threw...
Saudi Arabia Hikes Oil Prices In Increasingly Tight Market
06.04.2024, 15:26 Uhr. ZeroHedge News - https: - Saudi Arabia Hikes Oil Prices In Increasingly Tight Market Authored by Tsvetana Paraskova via OilPrice.com, Saudi oil giant Aramco, the world’s top crude oil exporter, hiked on Friday the prices of most of its crude grades for May, as Middle Eastern benchmarks are strengthening in a market that looks increasingly tight. For a second consecutive...
Europe's South Takes The Lead
06.04.2024, 14:11 Uhr. ZeroHedge News - https: - Europe's South Takes The Lead By Maartje Wijffelaars, Senior Economist at Rabobank Brent crude oil extended its gains and broke through the 90 dollars a barrel threshold yesterday, for the first time since end-October last year. The commodity continues its ascend this morning and at the time of writing it’ll cost you 91.2 dollars to buy a barrel....
"Central Banks Are Obviously Determined To Cut... Or Make You Think They Are Going To Cut"
04.04.2024, 17:05 Uhr. ZeroHedge News - https: - "Central Banks Are Obviously Determined To Cut... Or Make You Think They Are Going To Cut" By Michael Every of Rabobank The bigger 'Bigger Picture' Fed Chair Powell noted the FOMC will wait for a clearer signal from the data before starting rate cuts, which he continues to expect to begin “at some point this year.” In particular, he said that recent...
Futures Rebound After Powell Reassures On Rate Cuts
04.04.2024, 14:16 Uhr. ZeroHedge News - https: - Futures Rebound After Powell Reassures On Rate Cuts US equity futures are higher with both Tech and small-caps outperforming, while the dollar is lower even as yields are higher from Wednesday's close. As of 7:50am, S&P futures were 0.3% higher and Nasdaq futs rose 0.4%, boosted by Powell’s comments that recent inflation figures did not “materially...
What Will The Fed Do When Trump Wins And Slams China With 60% Tariffs
03.04.2024, 18:07 Uhr. ZeroHedge News - https: - What Will The Fed Do When Trump Wins And Slams China With 60% Tariffs By Michael Every of Rabobank Have you got the energy? Yesterday, Bloomberg noted ‘Fears of 5% Yields Are Back, Thanks to Oil’s Surge’. We are over a quarter into a year in which we were promised rapid, wall-to-wall rate cuts, but so far only the Swiss have proved punctual: now...
WTI Dips After Surprise Crude Inventory Build
03.04.2024, 16:40 Uhr. ZeroHedge News - https: - WTI Dips After Surprise Crude Inventory Build Oil prices are extending gains to new cycle highs (WTI $86) ahead of the official inventory data (after API reported across the board draws). The move followed reports that OPEC+ chose to stick with oil supply cuts for the first half of the year, keeping global markets tight and potentially sending prices...
WTI Extends Gains After API Reports Inventory Draws Across The Board
02.04.2024, 22:41 Uhr. ZeroHedge News - https: - WTI Extends Gains After API Reports Inventory Draws Across The Board US crude futures pierced $85 for the first time since October, the latest milestone in a rally driven by OPEC+ production cuts, strong demand and heightened geopolitical risks. As Bloomberg reports, oil has jumped this week as tensions rise in the Middle East, with Iran vowing revenge on...
US Assures Iran It "Had No Involvement" In Embassy Strike As IDF Claims Only A 'Military Building' Hit
02.04.2024, 17:42 Uhr. ZeroHedge News - https: - US Assures Iran It "Had No Involvement" In Embassy Strike As IDF Claims Only A 'Military Building' Hit The Biden administration was notified just minutes before the major Israeli airstrikes on the Iranian Embassy complex in Damascus on Monday, US and Israeli officials have told Axios; however, the Israeli side wasn't asking for a greenlight, the report...
Key Events This Week: Payrolls, Powell, ISM And Fed Speakers Galore
01.04.2024, 17:11 Uhr. ZeroHedge News - https: - Key Events This Week: Payrolls, Powell, ISM And Fed Speakers Galore With the first quarter officially in the books, and just days until we start getting Q1 earnings (it sure does feel like we now live in one extra long earnings season), we have quite a few events this busy week starting with today's March manufacturing ISM print - which as noted earlier...
Zelensky Travels To Rally Saudi Arabia & Albania To Ukraine's Cause
29.02.2024, 08:46 Uhr. ZeroHedge News - https: - Zelensky Travels To Rally Saudi Arabia & Albania To Ukraine's Cause With the weapons pipeline to Washington still held up by appropriately recalcitrant House Republicans, Ukraine's President Zelensky has turned to countries on the peripheries, first making an official visit to Saudi Arabia Tuesday and on Wednesday a stop in Albania where he's seeking...
WTI Retraces Gains After Crude Build; Spreads Signal Physical Market Tightening
28.02.2024, 16:42 Uhr. ZeroHedge News - https: - WTI Retraces Gains After Crude Build; Spreads Signal Physical Market Tightening Oil prices are extending gains this morning, reversing earlier losses, as reports suggest OPEC+ will rollover its production cuts. This will pressure supply as Red Sea disruptions are triggering widely tracked gauges of the physical market to point to tighter conditions...
Future Slide As Hawkish Fed Concerns Return
28.02.2024, 14:17 Uhr. ZeroHedge News - https: - Future Slide As Hawkish Fed Concerns Return US stock futures slumped, pointing to a weak open on Wall Street with both Tech and small-caps underperforming, as traders braced for today's revised GDP print and tomorrow's core PCE report which whisper sees coming in hotter than expected and may further push back on expectations for rate cuts. As of 7:50am...
OPEC+ Could Extend Oil Output Cuts Through Year End
28.02.2024, 03:38 Uhr. ZeroHedge News - https: - OPEC+ Could Extend Oil Output Cuts Through Year End By Julianne Geiger of OilPrice.com OPEC+’s voluntary production cuts that were set to expire at the end of the first quarter could be extended through the end of the year, three OPEC+ sources told Reuters on Tuesday. Crude oil prices jumped with the news from three anonymous OPEC+ sources who spoke...
WTI Dips From Range-Highs After API Reports Bigger Than Expected Crude Build
27.02.2024, 22:46 Uhr. ZeroHedge News - https: - WTI Dips From Range-Highs After API Reports Bigger Than Expected Crude Build Oil pries rallied for the second straight day near the highs of their range since early November on a combination of further tensions in the Red Sea, signs of tightness in physical markets, and Reuters reports that OPEC+ will consider extending voluntary oil output cuts into...
Deutsche Bank Sees Brent Oil Price At $88 By The End Of 2024
22.02.2024, 11:00 Uhr. ZeroHedge News - https: - Deutsche Bank Sees Brent Oil Price At $88 By The End Of 2024 By Charles Kennedy of OilPrice.com A nearly balanced market in the first half of the year and seasonal strengthening of demand in the second half are set to push the price of Brent Crude to $88 per barrel by the end of 2024, according to analysts at Deutsche Bank. “We look for continued...
Russia Appears To Comply With OPEC+ Production Pledge
21.02.2024, 01:40 Uhr. ZeroHedge News - https: - Russia Appears To Comply With OPEC+ Production Pledge By Charles Kennedy of OilPrice.com Russia appears to have complied in January with its pledge to reduce crude oil exports by 300,000 barrels per day (bpd) this quarter, anonymous sources with knowledge of Russian energy ministry data, which is not public, have told Bloomberg. At the latest OPEC+...
WTI Extends Gains After Big Product Draws; Pump-Prices Set To Soar
13.02.2024, 22:42 Uhr. ZeroHedge News - https: - WTI Extends Gains After Big Product Draws; Pump-Prices Set To Soar Oil prices extended recent gains today, despite chaos across other asset classes, on concerns supply could be disrupted as Iran tested a ballistic missile in the Gulf of Oman, while demand hopes were led by OPEC raising its economic forecasts. Oil was also supported by a major technical...
In Latest Oil Megadeal, Diamondback Buys Endeavor For $26BN Creating Permian Giant
12.02.2024, 15:36 Uhr. ZeroHedge News - https: - In Latest Oil Megadeal, Diamondback Buys Endeavor For $26BN Creating Permian Giant Last year, when the full extent of the unprecedented consolidation wave in the shale sector gradually became apparent, we speculated that when it's all said and done, US energy companies would have more production discipline than the OPEC+ cartel, and sure enough, today...
Exxon, Chevron Beat Estimates, Report Second-Biggest Annual Profits In Past Decade
02.02.2024, 20:40 Uhr. ZeroHedge News - https: - Exxon, Chevron Beat Estimates, Report Second-Biggest Annual Profits In Past Decade One wouldn't know it from their stock price today, which has been slammed by tech bros shorting anything that does not mention AI at least 100 times in its press release/conference so they can fund their purchase of META 20% higher on the day, but in a time when two-thirds...
Argentina Will Now Run A Very Pro-Israel And Pro-US Foreign Policy
28.11.2023, 15:52 Uhr. ZeroHedge News - https: - Argentina Will Now Run A Very Pro-Israel And Pro-US Foreign Policy By Michael Every of Rabobank Nu, so it doesn't whistle I start today by referring readers to two classic Jewish jokes. The first has the punchline, “That’s funny, you don’t look Jewish.” The second ends, “Is that all you people ever think about?” Together, they are a warm-up...
Oil Slides On Fresh OPEC+ Discord Headlines
28.11.2023, 14:25 Uhr. ZeroHedge News - https: - Oil Slides On Fresh OPEC+ Discord Headlines What would an OPEC+ meeting week be without the parade of strawman, market-testing headlines dropped to gauge traders' stress levels. This morning, Reuters reports that, according to four sources: "talks are difficult" (well, no news there) "a further delay is possible" (possible... not probable) "policy rollover...
Futures Slide To Session Lows Amid Growing Concerns Rally Is Over
28.11.2023, 14:21 Uhr. ZeroHedge News - https: - Futures Slide To Session Lows Amid Growing Concerns Rally Is Over US equity futures and European stocks both fell for a second day amid signs the November rally in equities is overstretched with even such bullish Goldman luminaries (and flow gurus) as Scott Rubner calling an end to the meltup this week. As of 8:15am ET, S&P and Nasdaq futures are...
OPEC Slams IEA Over "Moment Of Truth" For Oil
28.11.2023, 01:00 Uhr. ZeroHedge News - https: - OPEC Slams IEA Over "Moment Of Truth" For Oil By Charles Kennedy of OilPrice.com Days after the International Energy Agency (IEA) said that the oil and gas industry faces “a moment of truth” in choosing between fueling climate change and becoming a part of the solution, OPEC criticized the agency for vilifying the industry and for playing down energy...
Saudis Seeking OPEC+ Members To Cut Output As Some Members Resist
27.11.2023, 17:17 Uhr. ZeroHedge News - https: - Saudis Seeking OPEC+ Members To Cut Output As Some Members Resist Picking up on what the FT reported last week, namely that OPEC+ is considering an additional 1 million bpd oil production cut, moments ago Bloomberg added some color on that story and also on why the OPEC+ meeting which was supposed to take place over the weekend was delayed, when it...
Key Events This Week: PCE, ISM, GDP And PMI
27.11.2023, 16:40 Uhr. ZeroHedge News - https: - Key Events This Week: PCE, ISM, GDP And PMI In what is shaping up as a quiet end to the month, this week has a few data points that according to DB's Jim Reid will sharpen the forecasts further for economists especially in the US where the personal income and spending data (Thursday) will include the all important core PCE which is of course the Fed's...
Futures Drop On China Weakness As Gold Soars To 6 Month High
27.11.2023, 14:21 Uhr. ZeroHedge News - https: - Futures Drop On China Weakness As Gold Soars To 6 Month High US equity futures and global markets are in the red, amid a broader risk-off tone to start the week as a renewed slowdown in China’s industrial profits growth dented sentiment in global financial markets, as they were seen as a sign of weak domestic demand and a reminder of the country’s...
What Are The Saudis Really Preparing For?
26.11.2023, 15:20 Uhr. ZeroHedge News - https: - What Are The Saudis Really Preparing For? Authored by Tom Luongo via Gold, Goats, 'n Guns blog, Call the roller of big cigars and bid him whip in kitchen cups concupiscent curds… … the only emperor is the emperor of ice cream — Wallace Stevens It was announced the other day that Saudi Arabia and China are opening a $7 billion local currency swap...
Greek Tankers Stop Transporting Russian Oil As US Starts Enforcing Moscow Sanctions
25.11.2023, 15:55 Uhr. ZeroHedge News - https: - Greek Tankers Stop Transporting Russian Oil As US Starts Enforcing Moscow Sanctions With Putin successfully evading and flaunting all European attempts to halt Russian oil exports one year after western nations imposed a Russian oil embargo at the end of 2022 (which has proven even more porous than the US embargo on Iranian oil exports which recently...
OPEC+ Nearing Compromise In Spat With African Oil Producers Over Quotas
24.11.2023, 17:29 Uhr. ZeroHedge News - https: - OPEC+ Nearing Compromise In Spat With African Oil Producers Over Quotas By Charles Kennedy of OilPrice.com The OPEC+ group has made progress in talks with its African producers over their oil output quotas next year, three OPEC+ sources told Reuters on Friday, after the alliance had to postpone this weekend’s meeting over the spat. On Wednesday...
European Bonds Shaken As Germany Suspends "Debt Brake" To Allow Increased Borrowing
24.11.2023, 16:05 Uhr. ZeroHedge News - https: - European Bonds Shaken As Germany Suspends "Debt Brake" To Allow Increased Borrowing By Elwin de Groot and Maartje Wijffelaars, strategists at Rabobank The agreed four-day cease fire between Israel and Hamas starts today. Both camps will release hostages and humanitarian aid will be allowed into Gaza. While perhaps promising to the outside world, both...
Futures Flat In Quiet Sessio As ECB Signals End Of Rate Hikes
24.11.2023, 14:27 Uhr. ZeroHedge News - https: - Futures Flat In Quiet Sessio As ECB Signals End Of Rate Hikes US equity futures and European stocks rose on the last day of the holiday-shortened week, with sentiment boosted after ECB President Christine Lagarde said policymakers are now in a position to pause after a tightening cycle that risks plunging the euro area into a recession. At 7:45am...
Bond Yields & Bitcoin Jump As Black Gold Dumps'n'Pumps
22.11.2023, 22:02 Uhr. ZeroHedge News - https: - Bond Yields & Bitcoin Jump As Black Gold Dumps'n'Pumps Jobless claims surged on an un-adjusted basis, durable goods orders dumped, consumer sentiment slumped, and inflation expectations jumped... US macro data is not signaling a 'soft landing... Source: Bloomberg ...but apart from that "the consumer is resilient and look over there at NVDA's earnings"...
WTI Holds Losses After Large Crude Build, SPR 'Refill Plan' On Hold For 7th Straight Week
22.11.2023, 16:40 Uhr. ZeroHedge News - https: - WTI Holds Losses After Large Crude Build, SPR 'Refill Plan' On Hold For 7th Straight Week Oil prices are down hard this morning after OPEC+ postponed its meeting amid Saudi dissatisfaction with other members’ oil production levels. “I think we need a cut,” Pierre Andurand, the renowned oil trader and founder of Andurand Capital Management, said...
Oil Tumbles After OPEC+ Meeting Delayed
22.11.2023, 14:16 Uhr. ZeroHedge News - https: - Oil Tumbles After OPEC+ Meeting Delayed Oil prices are lower this morning as the usual malarkey of leaks, rumors, and denials dominates price action ahead of the planned OPEC+ meeting this weekend. The selling started with a report by Bloomberg claiming that the Saudis expressed dissatisfaction with other members about their oil production levels. The...
US And France Will Seek To Halt Private Funding For Coal Plants At COP28
22.11.2023, 12:32 Uhr. ZeroHedge News - https: - US And France Will Seek To Halt Private Funding For Coal Plants At COP28 Authored by Charles Kennedy via OilPrice.com, Supported by the United States, France will propose at the COP28 climate summit in Dubai an exit of private financing for coal-fired power plants, Reuters reported on Tuesday, citing sources with knowledge of the talks. According...
WTI Shrugs Off Large Crude Inventory Build Reported By API
21.11.2023, 22:52 Uhr. ZeroHedge News - https: - WTI Shrugs Off Large Crude Inventory Build Reported By API Oil prices were flat today as traders anxiously await OPEC+'s decision later this week. Crude slipped after President Joe Biden said that a deal to free some Israeli hostages held by militant group Hamas is imminent. Later on, oil regained some ground on news that Federal Reserve policymakers are...
Supplying 65% Of Our Energy, America Must Lead On Oil and Gas
21.11.2023, 00:21 Uhr. ZeroHedge News - https: - Supplying 65% Of Our Energy, America Must Lead On Oil and Gas Authored by Rick Whitbeck via RealClear Wire, Fifty years ago this week, legislation authorizing construction of the Trans-Alaska Pipeline passed both houses of Congress and was signed into law by President Richard Nixon. The whole process took all of five days. Not only was the timeline...
ExxonMobil Vs. Google: Profits, Taxes, & Perceptions Explained
20.11.2023, 19:50 Uhr. ZeroHedge News - https: - ExxonMobil Vs. Google: Profits, Taxes, & Perceptions Explained Authored by Robert Rapier via OilPrice.com, ExxonMobil reported $9.1 billion GAAP earnings with an 11.9% net margin, while Google reported $19.7 billion with a 22.5% net margin. ExxonMobil's income tax was $20.2 billion in 2022, higher than Google's $11.4 billion, despite Google earning...
Another Political Earthquake
20.11.2023, 19:12 Uhr. ZeroHedge News - https: - Another Political Earthquake By Benjamin Picton and Elwin de Groot, strategists at Rabobank Argentines have elected libertarian Javier Milei President, as Peronist Finance Minister Sergio Massa conceded defeat in the second round of elections. The result potentially creates a test case in unfettered free market economics, as Milei has vowed to take...
The White House Does Not Expect Arab States To Weaponize Oil
20.11.2023, 17:12 Uhr. ZeroHedge News - https: - The White House Does Not Expect Arab States To Weaponize Oil By Tsvetana Paraskova of OilPrice.com The United States is confident that the Arab states will not use oil supply as a weapon as they have done in the past, White House energy security adviser Amos Hochstein told the Financial Times in an interview published this weekend. “Oil has been weaponised...
Futures Flat After OpenAI "Train Wreck" As Markets Brace For Nvidia Earnings
20.11.2023, 14:45 Uhr. ZeroHedge News - https: - Futures Flat After OpenAI "Train Wreck" As Markets Brace For Nvidia Earnings US stock futures erased earlier losses to trade flat as Microsoft gained 2% in premarket trading, sending it to a new all time high, after it said Sam Altman will lead the software developer’s new in-house artificial intelligence team. The OpenAI co-founder was ousted from...