Hints and tips:
...Patrick Pouyanné, his replacement, remains in charge nine years on. Mooted internal candidates Murray Auchincloss (the interim CEO), Emma Delaney and Carole Howle, are all BP lifers....
...On Thursday, after Amazon and Apple completed the latest round of quarterly earnings reports, Brent Thill, an analyst at Jefferies, summed up the mood among investors: “The hype is here, the revenue is not...
...Patrick Pouyanné, his replacement, remains in charge nine years on. Mooted internal candidates Murray Auchincloss, the interim chief executive, Emma Delaney and Carol Howle, are all BP lifers....
...The consultancy expects Brent, the global benchmark, to average $85.90 a barrel for 2024....
...“Expectations were for a broader slowdown and Microsoft executed better and shrugged off the macro-boogieman,” said Brent Thill, analyst at Jefferies....
...Speakers from international oil companies, including BP chief executive Bernard Looney and TotalEnergies’ Patrick Pouyanné, are due to appear....
...Patrick Colville, of Scotiabank, on the CrowdStrike May 2023 call....
...The cost of Brent crude has dropped by around 11 per cent since early June, while refining margins — another key component of wholesale prices — have cooled....
...(Ethan Wu) Two good reads From the FT’s Patrick McGee, how Apple became dependent on China, and whether it is stuck that way....
...Brent crude, the international oil marker surged past $100 a barrel....
...Meanwhile, despite volatility in the oil price following the emergence of the Omicron coronavirus variant last month, Brent crude and the US benchmark WTI are both up by more than a half in 2021....
...Brent Thill, Jefferies analyst, added that the heavy premium suggested by Blackwells — as much as $75 per share, more than its value at close on Tuesday — also made it unattractive....
...“The monetary punchbowl is being taken away and we won’t get the relief of more stimulus,” said Patrick Spencer, vice-chair of equities at RW Baird....
...It is a figure compatible with a net zero scenario,” said Patrick Pouyanné, chief executive of French supermajor TotalEnergies....
...Brent crude, the international oil benchmark which rose as high as $83.47 a barrel on Wednesday, declined 1.8 per cent to $81.08....
...(Patrick Temple-West) GOP economist embraces ESG If you want another sign of change, check out an interview that we recently did with Glenn Hubbard (pictured)....
...French telecoms entrepreneur Patrick Drahi has built an 18 per cent exposure to legacy telecoms champion BT....
...Brent crude jumped 0.9 per cent to $73.57 a barrel, the global benchmark’s strongest price since early August, following a bullish forecast by Opec in its monthly report....
...Brent crude is currently trading around $67 a barrel after falling below $20 a barrel at the height of the pandemic last year....
...Brent crude, the international oil benchmark, tumbled almost 5 per cent to $92 a barrel. But the respite in the market was short-lived....
...Brent crude briefly topped $116 a barrel during trading yesterday, the highest level since June 2008....
...Brent crude, the international oil benchmark, rose 1.6 per cent to $72.76 a barrel after Opec and its allies agreed on Wednesday to pump an extra 400,000 barrels a day each month between now and late 2022...
...Brent crude, which hit a multiyear high last week of $77.84 a barrel following the failure of Opec+ members to decide on the level of output, fell 0.5 per cent to just above $75 a barrel....
...Brent crude, the international oil benchmark, rose 0.4 per cent to settle at $74.10 a barrel....
...Brent crude has now been above $60 a barrel since February as big global producers cut supply and demand picks up....
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