U.S. Oil Growth Is Slowing. What's Next for Prices. -- Barrons.com

Growing U.S. oil production has played an enormous role in the energy market since the pandemic.

Barron'sJul 5 02:30 ET

[Brokerage Focus] Morgan Stanley raises CNOOC's target price by 14.6% and maintains a "shareholding" rating.

Morgan Stanley issued a research report stating that due to recent investor preference for high-yielding stocks, capital has flowed into stocks. Since the yield of China's 10-year government bonds is only 2.3%, but CNOOC (00883) in Hong Kong still offers a yield of over 6%, it is believed that the stock still has room for re-rating. The company's target price has been raised by 14.6% from HKD 19.8 to HKD 22.7 with a 'shareholding' rating, based on the expected long-term oil price of $75 per barrel. The bank expects Brent crude oil prices to be $89 per barrel this year and $81.3 per barrel next year.

金吾財訊Jul 4 23:06 ET

Market concerns are being triggered by the poor implementation of production cuts. OPEC+ urges member countries to make up for quota cheating.

In the effort to support the global oil market, OPEC+ is pushing member countries to make up for cheating on supply quotas. However, there is little indication that they are changing.

Zhitong FinanceJul 4 07:55 ET

Oil Slips After U.S. Data Points to Cooling Economy

0816 GMT - Oil prices edge lower on a thinner trading day due to the Fourth of July holiday, in spite of softer-than-expected U.S. employment and business activity data fuelling optimism for future ra

WSJJul 4 04:23 ET

Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0112 GMT - AGL Energy should continue to benefit from higher pow

WSJJul 4 04:20 ET

Is the oil price driver here? Category 4 Hurricane Belial is advancing into Texas, threatening major US refineries.

The hurricane season in the Caribbean Sea is threatening the operation of major oil refineries in Texas, the largest oil-producing state in the United States.

wallstreetcnJul 3 19:47 ET