OILX News and Press, UBS AG London Branch ZC SP ETRACS REDEEM 22/02/2046 USD 25 - Ser B From 11/03/23

2023-11-03 15:17:00 ET Summary Geopolitics have rattled energy markets over the last month. And for oil, it’s a theme which is likely to continue to dictate prices – at least in the short term. The oil market witnessed increased volatility over October, which shouldn...

2023-11-03 01:05:00 ET Summary U.S. August oil production increased by 94 kb/d to 13,053kb/d, a new record high by 53 kb/d over November 2019. On a YoY basis, US production increased by 1,051 kb/d with the majority, 895 kb/d coming from Texas, New Mexico and North Dakota. The ...

2023-11-02 20:20:00 ET Summary Oil prices rose sharply in mid 2023, increasing over $20 per barrel in the third quarter. Low oil inventories, OPEC restraint, and fresh geopolitical supply risks have propelled the rally, but can these price levels be sustained? Commodities expe...

2023-11-02 09:58:15 ET Summary OPEC and the IEA have contradictory views on future oil demand, with the IEA predicting a decline in demand starting in 2030. The IEA has reduced its oil demand projections for 2024 due to a weakening economy and increased electric vehicle sales. ...

2023-11-02 00:15:00 ET Summary The stock market took another leg down last month with the S&P 500 index declining -2.2%, the Dow Jones Industrial Average -1.4%, and the NASDAQ index fell the most, -2.8%. Given the large increase in interest rates by the Federal Reserve over tw...

2023-11-01 03:01:00 ET Summary Equities, Agriculture, Energy, and several other markets are feeling the direct effects of higher interest rates. The Fed’s hikes have also provided market participants with opportunities to trade the value-to-growth rotation as the “hi...

2023-10-28 22:43:00 ET Summary Mideast conflict and the impact on the energy sector. Slowing growth in China and the implications for commodities. Can uncertainty fuel gold past $2,000? The conflict between Israel and Hamas has led to increased volatility for sever...

2023-10-28 06:15:00 ET Summary The oil market does not believe that the Israel-Hamas war will have a significant negative effect on global oil supply. The gold market has priced in considerable uncertainty and risk, with a potential for further price increases. The US stock ma...

2023-10-27 03:51:00 ET Summary One year into Lula’s presidency, Brazil’s equities have performed well against emerging market peers. Market concerns about ideologically driven spending sprees have not materialized. Economic fundamentals—including unemploym...

2023-10-26 07:30:00 ET Summary Gold got a new lease on life in October, up over 12% month-to-date on interest rate-driven recession fears and the recent armed action between Israel and Hamas. Bitcoin has soared since September, up 28%, in part on flight-to-safety buying and in par...