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Goldman Adds Saudi Arabia As Key Political Risks For Oil

Echoing commentary published here during the weekend, overnight Goldman's chief commodity Jeffrey Currie repeated his recommendation to overweight allocation to oil to .....»»

Category: blogSource: zerohedgeOct 15th, 2018

Futures Movers: Crude prices turn lower as Goldman Sachs sees downside risks to oil after historic deal to cut output

Crude prices fell Monday, a day after major oil producers reached a historic agreement to cut oil production, ending a damaging price war between Saudi Arabia and Russia......»»

Category: topSource: marketwatchApr 13th, 2020

P&G, Honeywell soothe Wall St. after sell-off

U.S. stock futures ticked higher on Friday as a handful of major U.S. corporations beat results forecasts, offsetting concerns about political and growth risks in Europe, China and Saudi Arabia that drove a 1 percent fall a day earlier......»»

Category: topSource: reutersOct 19th, 2018

Wall Street set to rebound on strong earnings

U.S. stocks were set to open higher on Friday as a handful of major U.S. companies posted strong results, helping to relieve concerns about political and growth risks in Europe and Saudi Arabia that drove a 1 percent fall a day earlier......»»

Category: topSource: reutersOct 19th, 2018

Strong corporate earnings power rebound on Wall St

U.S. stocks rose broadly on Friday, as a raft of strong corporate earnings helped allay concerns over growth risks in Europe and political tensions in Saudi Arabia that drove a 1 percent drop a day earlier......»»

Category: topSource: reutersOct 19th, 2018

Oil futures end higher as Middle East tensions raise stability concerns

Oil futures settled higher on Friday on news of rising tensions between the Iran-backed Houthis political group in Yemen and Saudi Arabia. Reuters reported that the .....»»

Category: topSource: marketwatchFeb 12th, 2021

Moody"s cuts Saudi Arabia"s credit outlook to negative, cites oil-price shock driven by coronavirus

G20 Argentina via AP Moody's downgraded Saudi Arabia's sovereign outlook to negative from stable on Friday, citing increased downside risks to the kingdom's fiscal strength from the oil rout.  "The government's balance sheet ha.....»»

Category: topSource: businessinsiderMay 4th, 2020

Goldman cuts Brent forecasts to $30 on price war, virus impact

Goldman Sachs cut its second- and third-quarter Brent price forecasts to $30 per barrel, citing the oil price war between Russia and Saudi Arabia and a significant collapse in oil demand due to the coronavirus that has killed more than 3,500 globally......»»

Category: topSource: reutersMar 9th, 2020

The Tell: Goldman says coronavirus and oil ‘price war’ could see crude plunge into the $20s

Goldman Sachs commodity analysts slash their forecast for crude prices on Sunday after an alliance between Saudi Arabia-led OPEC and Russia collapses, launching a new “price war” between the producers......»»

Category: topSource: marketwatchMar 8th, 2020

Tiger Woods has defended Phil Mickelson"s decision to play in Saudi Arabia because the "game of golf can help heal a lot" of the country"s political issues

Sam Greenwood/Getty Images Tiger Woods has defended Phil Mickelson's decision to play in next year's Saudi Arabia International. Woods.....»»

Category: topSource: businessinsiderDec 4th, 2019

Aramco’s Cash Flow Gets the Royal Treatment

Saudi Arabia adds a sweetener to lure investors to the IPO......»»

Category: topSource: washpostOct 3rd, 2019

Economy hopes support shares, oil edges up on Mideast tensions

Asian share prices inched higher on Friday as economic stimulus around the world eased fears over slowing growth, while crude oil prices climbed on concerns that last weekend's attacks on Saudi Arabia's oil facilities still pose supply risks......»»

Category: topSource: reutersSep 19th, 2019

Asian shares gain on economy hopes, oil edges up on Mideast tensions

Asian share prices inched higher on Friday as economic stimulus around the world eased fears of economic deceleration while crude oil prices climbed on concerns that last weekend's attacks on Saudi Arabia's oil facilities still pose supply risks......»»

Category: topSource: reutersSep 19th, 2019

Shares edge up after Fed rate cut, oil prices gain

A gauge of global equity performance edged higher on Thursday, a day after the Federal Reserve cut interest rates, but crude oil prices climbed higher on concerns last weekend's attacks on Saudi Arabia's oil facilities pose supply risks......»»

Category: topSource: reutersSep 19th, 2019

Shares rise after Fed cut, oil prices jump

A gauge of global equity performance rose Thursday within 1% of a record high a day after the Federal Reserve cut interest rates but crude prices jumped on concerns the weekend attack on Saudi Arabia's oil facilities pose supply risks......»»

Category: topSource: reutersSep 19th, 2019

Goldman hired by Saudi Arabia for dual-tranche debut euro bond, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 1st, 2019

Goldman Sachs was top broker in Saudi Arabia last month, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 10th, 2019

Goldman Sachs bought Commerzbank"s claim in Saudi"s biggest debt saga: sources

Goldman Sachs has bought a claim against The International Bank Corporation (TIBC), a Bahraini bank whose default 10 years ago triggered the biggest financial crisis in Saudi Arabia, three sources familiar with the matter said......»»

Category: topSource: reutersMay 14th, 2019

Futures Movers: Oil climbs as attacks damage Saudi tankers, but U.S. stock market ‘meltdown’ limits price gains

Oil futures climb Monday after Saudi Arabia said two of its crude tankers were attacked near the Strait of Hormuz over the weekend, raising risks to the flow of oil in the Middle East, but steep declines in the U.S. stock market keep a cap on price gains......»»

Category: topSource: marketwatchMay 13th, 2019

Goldman Sachs CEO turns up in Saudi Arabia as uproar fades over Khashoggi killing

Goldman Sachs Group Inc.’s David Solomon is on.....»»

Category: topSource: latimesApr 3rd, 2019

Goldman Sach CEO turns up in Saudi Arabia as uproar fades over Khashoggi killing

Goldman Sachs Group Inc.’s David Solomon is on .....»»

Category: topSource: latimesApr 2nd, 2019