Market Pulse - Commodities
US may impose sanctions against Nord Stream 2
Washington may announce further sanctions against the Russian Federation as soon as Wednesday, including against a key gas pipeline.
Deutsche Bank stays 'neutral' on BHP, despite expecting another 'large' dividend
Analysts at Deutsche Bank left their recommendation for shares of BHP at 'hold' following the miner's latest interims, pointing to the shares' recent run higher to justify their decision.
Credit Suisse slashes target on ITM Power due to faster-than-expected decline in PEM pricing
Analysts at Credit Suisse reiterated their 'underperform' recommendation for shares of hydrogen energy solutions provider ITM Power due to the pressure on the company's prices as joint-venture partner Linde takes a larger share of the system price.
Morgan Stanley hikes target prices for BP and Shell on higher commodity prices
Morgan Stanley marked up its target prices across the European Oil&Gas space after updating its commodity price assumptions.
Sunday share tips: BP, Shell, Syncona
The Financial Mail on Sunday's Joanne Hart told readers of the Midas column that the investment case for shares of BP and Shell now "seems pretty clear" and argued that both were likely to continue "richly rewarding" their shareholders via dividend payouts over the next five years.
IEA calls on OPEC+ to allow Middle East producers to boost output
Oil supplies from OPEC+ over the course of 2022 could undershoot the producer alliance's own goals by 1. 0bn barrels unless those member countries who have spare capacity on hand increase their output, the world's oil watchdog said.
US December trade deficit falls a tad short of forecasts
America's shortfall on trade with the rest of the world widened by less than expected at the end of 2021.
Canaccord waiting for clarity from Genel Energy on 'next steps'
Analysts at Cannacord Genuity trimmed their target price for shares of Genel Energy ahead of what they termed an important two years as the oil explorer "refines or defines" its rationale.
Experts debate potential impact of BA.2 'stealth Omicron' subvariant on pandemic
Experts continued to debate to what extent so-called 'stealth Omicron', the subvariant of its namesake strain of Covid-19, would lead to another peak in infections.
OPEC+ to boost output in March by 0.4m b/d, as expected
The Organisation of the Petroleum Exporting Countries and its main allies, or OPEC+ as they are collectively known, will raise their combined output of crude oil in March as expected.