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The Tell: Why Goldman Sachs sees a ‘buying opportunity’ in oil’s recent selloff

Oil futures post a loss of more than 6% this week, the largest since October, but analysts at Goldman Sachs this week suggest that prices are merely taking a break from a rally in crude that's set to continue......»»

Category: topSource: marketwatchMar 19th, 2021

How Goldman Sachs Is Helping Norwegian Cruise Lines Stay Afloat

Norwegian Cruise Line stock saw a handy gain on Wednesday after the company announced that it had secured more liquidity to help keep it afloat through the next 12 months......»»

Category: blogSource: 247wallstMay 6th, 2020

Goldman Sachs says it remains bullish on oil prices in 2021

The bank hiked its estimate for U.S. West Texas Intermediate crude to $51.38.....»»

Category: topSource: foxnewsMay 4th, 2020

Futures Movers: U.S. oil prices on track for weekly gain, continuing bounce after April rout

U.S. oil futures erased an early decline to press higher Friday, extending this week’s bounce after plunging last month in the face of a growing global glut of crude caused by the COVID-19 pandemic......»»

Category: topSource: marketwatchMay 1st, 2020

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

Goldman Sachs still sees crude prices falling after OPEC+ deal

Goldman Sachs said on Sunday that the deal between major oil producers to cut output by nearly 10 million barrels per day is 'historic yet insufficient,' adding that no deal would be enough to offset the sharp drop in demand already occurring......»»

Category: topSource: reutersApr 13th, 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

Wells Fargo Stops Financing Oil Investments In Arctic, Joins JPMorgan And Goldman Sachs

Wells Fargo & Co. (NYSE: WFC) has joined two other major banks in ending financing for oil and gas projects in the Arctic region. read more.....»»

Category: blogSource: benzingaMar 3rd, 2020

GOLDMAN SACHS: Lagging fund inflows can drive the stock market even higher

Getty Images / Spencer Platt The stock market is having room to run even higher this year despite a 29% gain in 2019 and warnings of a reversal, Goldman Sachs .....»»

Category: topSource: businessinsiderJan 23rd, 2020

Mid-Morning Market Update: Markets Open Higher; Goldman Sachs Reports Mixed Q4 Results

Following the market opening Wednesday, the Dow traded up 0.51% to 29086.20 while the NASDAQ rose 0.43% to 9,290.72. The S&P also rose, gain.....»»

Category: earningsSource: benzingaJan 15th, 2020

Hedge Fund and Insider Trading News: Chase Coleman, Ray Dalio, Daniel Loeb, Ken Griffin, Salesforce.com, Inc. (CRM), Goldman Sachs Group Inc (GS), and More

Chase Coleman’s Hedge Fund Tiger Global Ends 2019 With 33% Gain (Bloomberg) Chase Coleman’s Tiger Global Management returned 33% last year, bea.....»»

Category: topSource: insidermonkeyJan 8th, 2020

Alaska targets Goldman after bank drops drilling projects

Alaska's governor said the state may stop working with Goldman Sachs after the bank announced it will not finance future Arctic oil exploration......»»

Category: topSource: moneycentralDec 24th, 2019

Alaska targets Goldman after bank drops drilling projects

Alaska's governor said the state may stop working with Goldman Sachs after the bank announced it will not finance future Arctic oil exploration......»»

Category: topSource: moneycentralDec 24th, 2019

Goldman Sachs says it will support "green" initiatives more forcefully

Goldman Sachs Group Inc outlined plans on Monday to put money and advice toward projects that fight climate change or help financially disadvantaged people, with executives arguing it is not only the right thing to do but can generate income......»»

Category: topSource: foxnewsDec 16th, 2019

Goldman Sachs says it will support "green" initiatives more forcefully

Goldman Sachs Group Inc outlined plans on Monday to put money and advice toward projects that fight climate change or help financially disadvantaged people, with executives arguing it is not only the right thing to do but can generate income......»»

Category: topSource: reutersDec 16th, 2019

Goldman Sachs" green goal: $750 billion in work for environmental projects by 2030

Goldman Sachs Group Inc said on Monday it will provide $750 billion in financing, advisory services and investments for green projects and companies, as well as those that foster economic opportunities for under-served people over the next decade......»»

Category: topSource: reutersDec 16th, 2019

Goldman Sachs CFO says bank had $375M gain in Q2 from Tradeweb IPO

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 16th, 2019

Goldman"s stock rally helps keep Dow positive

Shares of Goldman Sachs Group Inc. surged 2.3% in morning trading after big second-quarter profit and revenue beats, with the price gain enough to keep the Dow Jones.....»»

Category: topSource: marketwatchJul 16th, 2019

Goldman Sachs Seeks Executive to Lead ‘Unprecedented’ Digital Asset Projects

Goldman Sachs is looking for a project manager to join its digital asset team, who will be developing road maps for distributed ledger technology......»»

Category: forexSource: coindeskJul 9th, 2019

China refiners curb fuel output after massive new plants stoke glut

China's fuel producers are making extended curbs to their output in the third quarter after supply from mammoth new refineries stoked an already-sizeable glut, potentially dragging on crude oil demand from the world's biggest importer of the commodity......»»

Category: topSource: reutersJul 8th, 2019