OILX News and Press, UBS AG London Branch ZC SP ETRACS REDEEM 22/02/2046 USD 25 - Ser B

2023-12-21 04:25:00 ET Summary The OPEC Monthly Oil Market Report for December 2023 was published recently. OPEC crude output was 27837 kb/d in November, output for October 2023 was revised lower by 5 kb/d compared to last month’s report and September 2023 OPEC crude output...

2023-12-20 01:58:00 ET Summary Sentiment towards energy and oil is as bad as it gets. A number of fundamental indicators of the oil market are slowly turning bullish. With speculative positioning as bearish as it's been in years and geopolitical risks again on the rise, we loo...

2023-12-16 00:15:00 ET Summary Outlook for oil in 2024. The forces driving oil prices lower. What slowing growth could mean for commodity prices. While demand has been strong, even stronger supply has weighed on oil this year. MoneyTalk’s Greg Bonnell ...

2023-12-14 04:29:00 ET Summary August Non-OPEC oil production dropped by 71 kb/d to 51,401 kb/d. The largest decreases came from Kazakhstan, Brazil and Russia. The STEO is forecasting that Canadian production will drop by 127 kb/d in September due to fires in Alberta this past sum...

2023-12-13 22:50:00 ET Summary Across the United States, the number of projects involving real assets is increasing. Recent legislation is fostering increased US production capacity for batteries and semiconductors, greening the economy and bringing high-speed internet to rural Am...

2023-12-13 02:26:00 ET Summary Outlook for commodities in 2024. Will slowing growth hurt commodity prices? Commodities demand: What to expect from China in 2024. Numerous recent economic indicators have been signaling that economic growth may be starting to slow. D...

2023-12-12 04:14:00 ET Summary How elections in Taiwan and the U.S. could dramatically reshape relations with China. Why globalization is changing in ways not seen in decades. Onshoring and the impact on manufacturing. From geopolitical conflicts to market volatili...

2023-12-07 09:50:00 ET Summary US PMI data indicates cooling inflation pressures, modest economic growth, and near-stagnant employment. Businesses report weaker output gains and anticipate slower growth in the months ahead. Concerns over excessive staffing levels result in the...

2023-12-07 05:56:00 ET Summary U.S. September oil production increased by 224 kb/d to 13,236kb/d, a new record high by 236 kb/d over November 2019. The Drilling Productivity Report (DPR) uses recent data on the total number of drilling rigs in operation along with estimates o...

2023-12-07 00:11:00 ET Summary For all the talk of recession, oil demand has held up relatively well. Although falling demand played a role in the recent oil rout, upside surprises in US and OPEC+ production in addition to speculators selling oil futures en masse are to blame. ...