SAAFY News and Press, Saras Raffinerie Sarde SpA ADR

2024-05-17 10:00:36 ET More on Saras S.p.A. Historical earnings data for Saras S.p.A. Dividend scorecard for Saras S.p.A. Financial information for Saras S.p.A. Read the full article on Seeking Alpha For further details see: Saras S.p.A. goes ex d...

Summary Resource equities continued to exhibit remarkable resiliency during the quarter, with the S&P Global Natural Resources Index outpacing global equities and global bonds over the 3-month period. Macroeconomic themes mostly continued to dominate all resource equity-relate...

The President penned a letter to energy executives Wednesday, acknowledging the global refining capacity shortage, and asking for help. On the President's numbers, ~3.0mb/d of refining capacity has shuttered since the beginning of the pandemic. With demand for gasoline and diesel recovering, ...

Neste (OTCPK:NTOIF) released a statement ahead of the market open Tuesday, lifting expectations for Q2 refining results. The Finish oil and bio-fuel refiner has been under pressure in 2022, as investors have shifted away from high-multiple, ESG-focused stories. However, Neste (OTCPK:NTOIF) co...

Libya's oil minister said in a statement over the weekend, that oil production in the OPEC nation had fallen from 1.2mb/d in 2021 to ~100kb/d currently. Outages have reduced output by 0-500kb/d in recent months, with a recent restart of production thwarted after gunmen forced workers to shut ...

Europe has announced measures to phase out Russian oil (USO) imports in 2022; however, the impact on global supply and demand could be limited, as seaborne exports re-route to other markets. Importantly, Europe also plans to ban distillate imports (heating oil, diesel, jet fuel); a much more ...

Monday, Goldman laid out the bull case for refining, Tuesday morning JP Morgan forecasted "higher for longer" refining margins, Tuesday night Wells Fargo lifted refiner price targets, and Wednesday morning HSBC doubled refining margin assumptions for 2022 while lifting assumptions 30% for 202...

House Speaker Pelosi said Thursday that Democrats will present a bill on gasoline price gouging next week. The bill will enable the President to issue emergency declarations making it illegal to increase gasoline prices, according to Bloomberg Energy reporter Javier Blas:   Recent effort...

Integrated oil and refining stocks have seen mixed performance in 2022. The commodity markets have been broadly supportive of higher share prices; however, war in Ukraine has brought challenges for the sector. US-focused Chevron (CVX) has seen shares advance 47% year to date, while Total's (T...

Last week it was reported that Russia's largest midstream business planned to cap oil production volumes into its pipeline system. Thursday, it was reported that refineries are planning to cut runs, as a drop in European buying has led to overstocking. Reuters reported that the four larg...