OILX News and Press, UBS AG London Branch ZC SP ETRACS REDEEM 22/02/2046 USD 25 - Ser B From 10/04/23

2023-10-04 03:57:00 ET Summary The US economy has been more resilient than many pundits had anticipated over the past year—but can this resilience continue? The uncertainty surrounding a US government shutdown highlights the long-term challenge of fiscal stability. Shif...

2023-10-03 03:35:00 ET Summary Global manufacturing prices are on the rise again, according to the latest JPMorgan Global Manufacturing Purchasing Managers' Index compiled by S&P Global, up for a second month in a row in September. The price of West Texas Intermediate has rise...

2023-10-02 23:35:00 ET Summary Last week, crude oil prices reached their highest price since August 2022, with West Texas Intermediate Crude reaching $95/barrel on Thursday. The Commerce Department announced that the trade deficit declined 7.3% in August, as imports declined 1.2% ...

2023-10-02 05:07:00 ET Summary Anytime during the trading day in the last few weeks, when the 10-year Treasury yield moved to multi-year highs, the dollar strengthened and stocks got wobbly. In early September ’23, the JOLTS report put a temporary bid under the Treasury mar...

2023-10-02 04:14:00 ET Summary I am raising by ten dollars my September forecast for West Texas Intermediate oil price to range between $80 to $100 per barrel. I was surprised by the strength of oil during the last month. I hope oil prices do not go above $100 per barrel becau...

2023-09-28 03:30:00 ET Summary On the back of inventory draws and term structure backwardation, the indicators of real time supply and demand continue to support oil prices over the short term. Although we are probably due for a technical pullback, expect oil prices to be supporte...

2023-09-27 05:30:00 ET Summary The EIA's Short Term Energy Outlook (STEO) predicts a decrease in World C+C output in Q3 2023, followed by an increase over the next five quarters. World petroleum stocks tend to rise in the long term to meet increasing consumption, with stocks at a ...

2023-09-27 03:35:00 ET Summary Interest rates are likely to remain higher for longer on the heels of better-than-expected growth. Fixed income remains our highest-conviction trade, although we see select opportunities in high-quality equities such as energy and industrials. We...

2023-09-26 11:44:00 ET Summary Why crude demand remains strong. What happens to commodities if a recession arrives? Why tight crude supply is like. The price of oil has been trending higher recently amid speculation crude could soon approach $100 a barrel. Kim Parlee...

2023-09-26 07:00:00 ET Summary Life for the European Central Bank has become even more complicated as surging oil prices add to the trilemma of how to balance slowing economies, the delayed impact of the rate hikes so far and still too-high inflation. Oil prices are currently up b...