Sentences with phrase «oil analyst at»

Said Sanford Margoshes, an oil analyst at the Shearson Lehman Bros. investment firm: «Texaco has bought time.

«I think it's certainly something that OPEC would like very much... And I think the agreement that they struck — that is with OPEC and non-OPEC members — actually took them quite a large step towards that,» Colin Smith, oil analyst at Panmure Gordon, told CNBC.

Miswin Mahesh, oil analyst at Barclays, agreed that a gradual recovery for oil markets was «still in place as non-OPEC supply reduces» and predicted that prices would not fall below $ 30 a barrel due to the lack of a deal.

«From a pure demand perspective, the China risk is pretty much priced in,» said Matt Parry, senior oil analyst at the International Energy Agency in Paris, in an email.

«I think it's certainly something that OPEC would like very much... And I think the agreement that they struck — that is with OPEC and non-OPEC members — actually took them quite a large step towards that,» Colin Smith, oil analyst at Panmure Gordon, told CNBC Wednesday.

However, monthly figures show U.S. oil production flatlining recently, and even dipping in June, said Amrita Sen, chief oil analyst at research consultancy Energy Aspects.

«This year, however, (OPEC's) production curbs will increasingly have to make do with playing second fiddle to a Texas - sized wave of U.S. shale growth,» Stephen Brennock, oil analyst at PVM Oil Associates, said in a research note Wednesday.

«The idea that gasoline demand is actually rising suggests that perhaps the lower prices of crude are actually prompting a greater usage of this product (gasoline),» said Vyanne Lai, oil analyst at National Australia Bank.

Oil analysts at Tudor, Pickering, Holt & Co, who encourage Exxon shareholders to sell, said in a note to clients on Monday that Tillerson's experience could be a benefit to the incoming Trump administration.

Not exact matches

During oil's deep decline, Schlumberger offered to drill in oilfields that were on hiatus in exchange for a share of future production, a move that was «very controversial» and has yet to pay off, says Colin Davies, an analyst at Bernstein.

We have a different view on inflation, which we see below 2 percent even in 2018,» analysts at Bank of America Merrill Lynch said in a note on Wednesday, explaining that oil prices will keep headline inflation low.

«Oil reacted very severely» to Netanyahu's announcement, said Phil Flynn, analyst at Price Futures Group in Chicago.

It also means that over the next year, Apple will be paying more back in dividends than any other publicly traded company, beating out oil giant Exxon Mobil for the position, according to Howard Siliverblatt, veteran market watcher and senior index analyst at S&P Dow Jones Indices.

«Every now and then there's a company that chooses to stop talking to you, but those are few and far between,» says Rafi Khouri, an international oil and gas analyst at Raymond James.

«Oil supplies (from the United States) are continuing to grow and there are no signs of a reversal,» said Fawad Razaqzada, market analyst at futures brokerage Forex.com.

But the first three months of the year could be the biggest hurdle for the small companies to clear, Abhishek Deshpande, an oil markets analyst at Natixis, explained.

Exxon's shares are way up under his leadership, but lag behind competitors, oil and gas output is down 14 % and, while making deals abroad, analysts believe he missed out on some important growth opportunities at home.

He flunked out, he says, of honours chemistry at McGill, and after graduating with a general science degree, worked for a while at Shell Oil as a business analyst.

At a time when tech analysts tended to be exuberant bulls while bankers were more skeptical, «Ruth was the oil in the machinery» that helped the team agree on which transactions to back, says Joe Perella, then head of Morgan Stanley's investment banking.

«At this point, and in the context of oil prices that are within striking distance of what we envision to be cyclical highs over the next 6 to 12 months, we think the Exxon short has essentially run its course,» Raymond James analyst Pavel Molchanov wrote.

Jason Gammel, senior oil and gas analyst at Jefferies, discusses Royal Dutch Shell's results and the broader oil market.

That says it all,» said Nevyn Nah, oil products analyst at Energy Aspects.

U.S. shale producers are churning out crude oil at such a relentless pace that the country will soon become the most influential player in the energy market, according to an analyst.

Oil prices are at multiyear lows but some analysts see a buying opportunity.

Oil prices will be in the $ 60 range by the end of the year, says Pavel Molchanov, senior vice president and energy analyst at Raymond James.

Pavel Molchanov, senior vice president and energy analyst at Raymond James, predicts oil could reach $ 60 by the end of the year.

«While the fourth quarter was a disaster for both, Chevron got back on track» in the first quarter, said Brian Youngberg, an oil industry analyst at Edward Jones.

Analysts at JPMorgan Chase lowered their price forecast and urged clients to sell oil.

«Low oil prices have significantly reduced operator spending on exploration - particularly in deep water, which is very costly,» said Cindy Giglio, an analyst at IHS Markit.

Analysts at Canaccord Genuity said Monday the project's $ 5.3 - bilion northern leg «is no longer a necessity» for Canadian oil sands producers, thanks to the sudden rise of crude - carrying unit trains and rival pipeline schemes proposed by Enbridge Inc..

«If Keystone does not get approved, the rail capacity is going to be there,» Phil Skolnick, managing director and senior oil and gas analyst at Canaccord, said in an interview.

«This is a clear sign of how spoilt Asia is for choice these days, with Middle Eastern crude now having to compete with oil from other regions,» Amrita Sen, the chief oil - market analyst at Energy Aspects Ltd., a London - based consultant, said in an e-mail.

«Oil markets are increasingly reflecting growing consensus that the persistent oversupply seen throughout 2016 will carry on into 2017,» analysts at JBC Energy wrote.

The upper end of that projection — oil prices at US$ 60 — is below most of the current analyst forecasts, with expectations for the WTI price predominantly in the low US$ 50s, or below.

S&P Platts said at the start of this week that analysts it polled had forecast a 2.4 - million - barrel build in crude oil stockpiles, with the agency warning this would pressure prices, along with a surge in oil imports.

Gold, iron ore and oil prices are seeing a rebound at the moment with many analysts believing that commodity prices have «bottomed out» and are eyeing gains, but Goldman Sachs has issued a warning on the current surge in commodities arguing that it is «not sustainable.»

I think we might see about half of the states get to $ 3,» said Tom Kloza, global energy analyst at Oil Price Information Service.

Analysts now believe a strong bounce in oil prices is due as inventories have been drawing at a «phenomenal» pace.

Others have taken the other side of the bet, and overnight Bjarne Schieldrop, chief commodities analyst at SEB, says that he thinks there is a «very low chance» of an OPEC oil - output cut tomorrow.

When Baker Hughes and Halliburton were both downgraded by equity analysts following an Obama administration oil drilling ban in 2010, several of their long - serving directors decamped to take up seats at other firms.

The expected strong demand growth, coupled with OPEC's production cuts, is making oil analysts and traders at the Singapore conference more bullish this year than at the same event last year, according to Bloomberg.

ANALYST VIEWPOINT: «Strong gains in the oil market and a solid close in U.S. markets should see a positive open to the trading week this morning,» said Rick Spooner, chief market analyst at CMC MANALYST VIEWPOINT: «Strong gains in the oil market and a solid close in U.S. markets should see a positive open to the trading week this morning,» said Rick Spooner, chief market analyst at CMC Manalyst at CMC Markets.

«Rising domestic socioeconomic stresses in Russia — caused by dwindling oil revenues and the impact of Western sanctions — will fuel President Putin's anti-western rhetoric and increase the likelihood of him seeking foreign «distractions»,» Alastair Newton, senior political analyst at Nomura, said in a note Wednesday.

Prior to joining SKAGEN he was based in Shanghai, as Head of China Special Mandate, at Norges Bank Investment Management (the oil - fund), where he also previously held positions as a portfolio manager and a generalist global equity research analyst.

Before joining Fidelity as an equity research analyst in 2005, he served as a senior research analyst covering oil service companies at Sanford C. Bernstein & Co..

Prior to that, Mr. Dowd worked as a junior analyst, and then as an analyst, at Sanford C. Bernstein & Co., following oil refinery, oil service, and integrated oil companies.

«Falling oil prices really put those companies under tremendous pressure,» Neil Beveridge, an analyst at Sanford C. Bernstein & Co., said by phone from Hong Kong.

As industry job cuts top 200,000 worldwide, Exxon has kept its 75,300 - strong workforce intact with none of the sweeping layoffs seen at other oil companies, including its biggest U.S. rival Chevron Corp. «Exxon is just stronger financially than anyone else out there,» Brian Youngberg, an analyst at Edward Jones & Co. in St. Louis, said in an interview.

Many analysts expect the price of oil to tread water at best... but they may be underestimating the strength of its global demand.

During the Enbridge debate, one CIBC analyst cited a number — $ 50 million a day — that the Canadian economy was losing by selling our oil at a discount.