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X @Bloomberg
Bloomberg· 2025-09-25 16:34
President Trump pressed Turkish President Recep Tayyip Erdogan to stop buying oil from Russia and left the door open to Ankara obtaining F-35 fighter jets https://t.co/MMrqA499ns https://t.co/9skpBMAqoC ...
P/E Ratio Insights for Targa Resources - Targa Resources (NYSE:TRGP)
Benzinga· 2025-09-24 17:00
In the current session, the stock is trading at $173.84, after a 2.17% spike. Over the past month, Targa Resources Inc. TRGP stock increased by 5.25%, and in the past year, by 18.82%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Targa Resources P/E Compared to CompetitorsThe P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate ma ...
Strategas' Chris Verrone: We're seeing reflationary pulses, not ominous inflation
Youtube· 2025-09-24 16:50
Market Overview - The market indexes are relatively stable, but there is a noticeable increase in the dollar and the VIX, indicating a potential shift towards defensiveness in the market [1][3] - The dollar index (DXY) has been holding in the 97-98 range, which is crucial for future movements [3] Energy Sector - The energy sector has shown signs of life recently, with traditional oil companies like Exxon and Devon starting to perform well [4][5] - There is a concern that the strength in the energy sector may come at the expense of consumer discretionary and banking sectors, which have been leading the market [5] Defense Stocks - European defense stocks have performed well throughout the year, with companies like Rhyatel reaching new highs [6] Global Market Trends - Despite some fatigue in the S&P, global markets are showing strength, with new highs in markets like NIK and China [7] - There are indications of a global economic reacceleration, as seen in the performance of Chinese stocks and commodities like copper [9] Bond Yields and Mortgage Rates - Bond yields have remained stable over the past two years, with the long end of the curve not breaking higher despite opportunities [10][14] - The mortgage backdrop has improved significantly, with 30-year fixed rates dropping from 7.5% to around 6.25% [13] Investment Strategy - The focus remains on sectors like industrials, financials, and technology, with a particular interest in banks and semiconductors [17][18] - The current environment is unique, as the Fed is cutting rates while banks are at all-time highs, which historically has been a positive signal for banks [18]
Oil News: Bullish Oil Outlook Builds on API Draw and Stalled Kurdish Production
FX Empire· 2025-09-24 10:23
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Trump Says China, India Are Still Buying Oil From Russia
Bloomberg Television· 2025-09-23 15:51
China and India are the primary funders of the ongoing war by continuing to purchase Russian oil. But inexcusably, even NATO countries have not cut off much Russian energy and Russian energy products, which as you know, I found out about two weeks ago and I wasn't happy. Think of it.They're funding the war against themselves. Who the hell ever heard of that one. In the event that Russia is not ready to make a deal to end the war, then the United States is fully prepared to impose a very strong round of powe ...
Oil Falls on Rising Supply Outlook
Barrons· 2025-09-23 08:35
Group 1 - Oil prices are declining due to concerns over excess global supplies, particularly following Iraq and Turkey's agreement to resume crude exports from Kurdistan [1][2] - Brent crude and WTI prices fell by 0.4%, settling at $66.30 and $63.05 per barrel, respectively, with Iraq expected to export approximately 230,000 barrels a day after a two-year halt [2] - Crude benchmarks are facing monthly declines as fears of an oversupply overshadow ongoing geopolitical risks, while traders are monitoring Russian oil flows amid potential EU sanctions targeting oil industry entities in third countries [3]
X @Bloomberg
Bloomberg· 2025-09-22 16:40
Exxon plans to move forward with its seventh oil project in Guyana after receiving required regulatory approvals, according to a statement https://t.co/shtiF2sCIB ...
Energy Risk Asia Awards 2025: the winners
Risk.net· 2025-09-22 13:00
Group 1: Market Conditions - Geopolitical upheaval, global supply constraints, and economic uncertainty have created challenging conditions for energy and commodity firms in Asia over the past 12 months [2] - The liquefied natural gas (LNG) markets experienced significant fluctuations, with Asia-Pacific remaining the dominant LNG-exporting region, increasing output by 4.1 million tonnes to 138.91 million tonnes out of a global total of 411.24 million tonnes [3] - Asia led gas demand growth, with China registering a 7% increase and India achieving a 10% increase in 2024, compared to a global average of 2.4% [4] Group 2: Price Trends - Prices for Asia's Platts Japan Korea Marker (JKM) LNG benchmark contract fell to as low as $8.30 per million British thermal units in early March 2024, but recovered to over $14 per million British thermal units by late November, averaging $11.91 per million British thermal units for the year, a decrease from $13.78 per million British thermal units in 2023 and $33.98 per million British thermal units in 2022 [5] - Oil prices remained fairly stable in 2024 with a slight downward trend, while base metals prices, particularly copper and aluminum, experienced volatility and price dislocations in Asia [6] Group 3: Risk Management and Awards - In the current era of increased uncertainty, effective risk management skills are crucial, with this year's Energy Risk Asia award-winners demonstrating best practices in risk management across various sectors [7] - The award-winners include notable firms such as Macquarie Group for multiple categories, S&P Global Market Intelligence for climate risk advisory, and PLN Nusantara Power for coal house of the year, showcasing innovative thinking that helps firms protect revenues and shape energy markets across Asia [8][9]
X @Bloomberg
Bloomberg· 2025-09-22 08:34
Oil output rose to 1.03 million barrels a day in August from 998,757 barrels the previous month https://t.co/D6VtII7oFs ...
Oil inches up as tension flares in Europe, Middle East
Reuters· 2025-09-22 01:22
Core Viewpoint - Oil prices experienced a slight increase due to geopolitical tensions in Europe and the Middle East, despite concerns regarding potential increases in oil supply and the impact of trade tariffs on global fuel demand [1] Group 1: Geopolitical Factors - Geopolitical tensions in Europe and the Middle East are contributing to the upward pressure on oil prices [1] Group 2: Supply and Demand Concerns - There are concerns about the prospect of increased oil supply which may counterbalance the price increase [1] - Trade tariffs are raising concerns about their potential impact on global fuel demand [1]