BRIEF-UBS Says Risks To Oil Prices Remain Skewed To Upside In Short Term
ReutersJan 24, 2025 9:28 AM
Jan 24 (Reuters) - UBS:
- SAYS RISKS TO OIL PRICES REMAIN SKEWED TO THE UPSIDE IN THE SHORT TERM
- SAYS OIL DEMAND SHOULD GROW IN LINE WITH LONG-TERM GROWTH RATE OF 1.2 MBPD, WITH OIL MARKET ALMOST BALANCED THIS YEAR
- SAYS WE REMAIN LONG GOLD IN OUR GLOBAL STRATEGY WITH TARGET OF $2,850/OZ BY YEAR-END
- WITH WEATHER FORECASTS POINTING TO MILDER TEMPERATURES FOR FEB, WE SEE A RISK THAT NATURAL GAS PRICES COULD COME UNDER PRESSURE IN NEAR TERM
- REVISES THEIR SEPTEMBER AND DECEMBER NATURAL GAS PRICE FORECASTS HIGHER BY $0.20/MMBTU
Reviewed byTony
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey
Related Articles
U.S. Government Shutdown: If It Happens, Economic Bad News Could Be Good News for Stocks
TradingKey - If the U.S. government experiences a shutdown, it could lead the Federal Reserve to stick with its current pace of interest rate cuts, or even accelerate them if the shutdown lasts longer and causes deeper economic disruptions.TradingKey
51 minutes ago
Investing in AI Infrastructure
TradingKey - Artificial intelligence is one of the more-hyped technologies of the decade. Autonomic systems, chatbots, and generative models populate the headlines.TradingKey
22 hours ago
What Happens When the U.S. Government Shuts Down? Why This Time Under Trump 2.0 Could Be Worse
TradingKey - A political standoff between Republicans and Democrats over federal spending has put the U.S. government on the brink of a shutdown by October 1, threatening to halt key government functions and furlough federal workers. While such shutdowns have become routine, this one could be moreTradingKey
23 hours ago
.jpg)
Fed Rate Cuts: Will the Russell 2000 Outperform the S&P 500?
TradingKey - On 17 September, the Federal Reserve cut interest rates by 25 basis points, marking the official restart of the rate-cutting cycle. In theory, small-cap stocks, compared to large-cap stocks, benefit more from Fed rate cuts. This is because they are more reliant on external financing...TradingKey
Mon, Sep 22
Bitcoin Price Forecast: Trends and Investment Outlook from 2025 to 2030
From $0.01 in 2009 to $120,000+ in 2025, Bitcoin has evolved from obscurity to a globally recognized financial asset. While institutions and governments increasingly embrace it, investors must remain vigilant against volatility, security risks, and scams.TradingKey
Wed, Jul 16
Tradingkey
