Sector movers: Losses in Financial Services offset by gains for Banks and Oil majors
6th Mar 2021 17:45
(Sharecast News) - Investors in Financial Services got the short end of the stock on Friday, as shares in the London Stock Exchange Group were hit by a wave of selling after the stockmarket operator flagged its intention to increased spending on its integration with Refinitiv in 2021.
Read moreSector movers: Oil and Gas leads gains as OPEC+ springs surprise on traders
4th Mar 2021 16:41
(Sharecast News) - Oil and Gas shares jumped to the top of the leader board after many of the world's major crude producers surprised traders with a decision to hold their combined output unchanged following talks on Thursday.
Read moreWednesday broker round-up
3rd Mar 2021 13:05
(Sharecast News) - Croda International: Berenberg reiterates buy with a target price of 7,400p.
Read moreFossil fuel emissions close to pre-Covid levels -IEA
2nd Mar 2021 08:51
(Sharecast News) - Global fossil fuel emissions were 2% higher in December 2020 than in the same month of 2019, revealed the latest report from the International Energy Agency.
Read moreSector movers: Oil and Mining stocks surge on US stimulus and vaccine hopes
15th Feb 2021 15:06
(Sharecast News) - Oil and Mining stocks surged at the start of the week on hopes for further fiscal stimulus in the US and that the pandemic might start to be coming under control.
Read moreBrent at 13-month high on hopes for US stimulus and vaccine rollouts
15th Feb 2021 11:53
(Sharecast News) - Investors continued to bid crude oil prices higher at the start of the week, on the back of continued hopes for an easing of Covid-19 lockdowns around the world and of fiscal stimulus in the US.
Read moreCiti revises 2021 oil price forecasts higher
11th Feb 2021 12:00
(Sharecast News) - Analysts at Citi revised their projections for the price of oil, citing oil producers' success in running down global inventories and improved prospects for demand.
Read moreBP, RWE, Total win UK windfarm leases in controversial auction
8th Feb 2021 08:27
(Sharecast News) - BP, Germany's RWE and France's Total have emerged as the big winners in the first auction of UK offshore wind farm leases in a decade as oil majors look to diversify into renewables.
Read moreWednesday broker round-up
3rd Feb 2021 13:05
(Sharecast News) - Unite Group: Barclays downgrades to underweight with a target price of 850p.
Read moreBP profits slump as pandemic batters energy demand
2nd Feb 2021 07:01
(Sharecast News) - Oil giant BP slumped to a $5.7bn full-year loss as the coronavirus epidemic continued to batter energy demand.
Read moreTuesday preview: Euro area GDP, BP in focus
1st Feb 2021 18:28
(Sharecast News) - The focus in financial markets will be on a preliminary reading for euro area gross domestic product in the last quarter of 2020.
Read moreBP to sell 20% stake in Oman gas field to Thailand's PTTEP for $2.6bn
1st Feb 2021 07:36
(Sharecast News) - BP has agreed to sell a 20% stake in a gas field in Oman to Thailand's national oil company, PTT Exploration and Production (PTTEP), for $2.6bn.
Read moreBrent futures find a bid after report of compromise OPEC-Russia deal
5th Jan 2021 16:23
(Sharecast News) - Crude oil futures found a bid in late trading on Tuesday following reports of a compromise deal between the Organisation of Petroleum Exporting Countries and Russia.
Read moreBarclays says investors wrong to fret about shareholder returns at BP
15th Dec 2020 12:06
(Sharecast News) - Analysts at Barclays upped their target price for shares of oil major BP, telling clients that the capital outlays needed to transition towards renewable energies would not come at the cost of its near-term shareholder returns.
Read moreSector movers: Oil&Gas stocks and Banks pace gains
2nd Dec 2020 18:12
(Sharecast News) - Commodity and financial stocks were again at the top of the leaderboard in the middle of the week, helped by ongoing optimism around the macroeconomic outlook for 2021.
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