Wednesday broker round-up
1st Jul 2020 13:25
(Sharecast News) - Unite Group: Berenberg downgrades to hold with a target price of 1,000.0p.
Read moreBP to sell petrochemicals business to Ineos for $5bn
29th Jun 2020 09:42
(Sharecast News) - BP has agreed to sell its petrochemicals business to chemicals company Ineos for $5bn.
Read moreGrowth in US oil stockpiles slowed last week, DoE says
17th Jun 2020 18:36
(Sharecast News) - Oil stockpiles in the US rose during the preceding week despite a sharp fall in domestic output, linked to tropical storm Cristobal, and a reduction in net imports.
Read moreDemand for oil to fall at record rate in 2020 - IEA
16th Jun 2020 11:31
(Sharecast News) - Global demand for oil is set to fall at the fastest rate in history this year, a closely-watched industry report has predicted, before rebounding in 2021.
Read moreMonday broker round-up
15th Jun 2020 14:02
(Sharecast News) - Biffa: Citigroup upgrades to neutral with a target price of 210p.
Read moreBP sees up to $17.7bn in Q2 writeoffs as Covid hits demand
15th Jun 2020 07:04
(Sharecast News) - BP said it was writing off up to $17.5bn after it cut long term oil and gas price forecasts based on a long impact of Covid-19 and sustained weaker demand.
Read moreSunday newspaper round-up: Two meters, Rolls Royce, Clinigen
14th Jun 2020 19:22
(Sharecast News) - Senior scientists have reported flaws in an influential World Health Organization-commissioned study into the risks of coronavirus infection and say it should not be used as evidence for relaxing the UK's 2-metre physical distancing rule. Critics of the distancing advice, which states that people should keep at least 2 metres apart, believe it is too cautious. They seized on the research commissioned by the WHO, which suggested a reduction from 2 metres to 1 would raise infection risk only marginally, from 1.3% to 2.6%. - Guardian
Read moreTuesday broker round-up
9th Jun 2020 13:49
(Sharecast News) - Biffa: Citigroup downgrades to sell with a target price of 210p.
Read moreUBS sees multi-billion dollar charge in 2020 from BP restructuring
9th Jun 2020 12:13
(Sharecast News) - Analysts at UBS stood by their 'buy' recommendation for shares of BP after the oil major announced plans to reduce its workforce by about 14%, or roughly 10,000 people, the day before.
Read morePremier Oil expects to be cash flow neutral in 2020
13th May 2020 08:54
(Sharecast News) - Premier Oil said it expected to be cash flow neutral in 2020 as hedges against falling oil prices help support its finances.
Read moreBP boss says crisis could be 'peak oil' moment
12th May 2020 09:06
(Sharecast News) - The Covid-19 crisis could mark the passing of "peak oil" demand as businesses spend less on travel and employees work from home, BP's new boss said.
Read moreSome Italian patients report improvement after receiving blood plasma
4th May 2020 18:10
(Sharecast News) - A report surfaced on Monday pointing to clinical benefits from what some observers touted as potentially one of the most promising treatments for the Covid-19 coronavirus.
Read moreUS accuses China of covering up severity of Covid-19 outbreak
4th May 2020 09:07
(Sharecast News) - America's Department of Homeland Security accused China of downplaying the severity of the Covid-19 outbreak in the Asian giant even as it ramped up imports of medical supplies and tried to mask its purchases.
Read moreWednesday broker round-up
29th Apr 2020 13:29
(Sharecast News) - Cairn Energy: Berenberg downgrades to hold with a target price of 130p.
Read moreWTI oil futures bounce as API reports smaller than expected stockpile build
29th Apr 2020 11:46
(Sharecast News) - Crude oil futures were trading higher on Wednesday on either side of the Atlantic following the release of data showing a slightly smaller than expected build in US stockpiles.
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