7 hours Record Renewables Investment Closes The Gap With Oil & Gas Spending 8 hours Qatar To Solidy Its Market Share In Fast-Growing Chinese LNG Market 12 hours Low-Rated U.S. Oil Firms Raise Record $20 Billion In Bonds 13 hours SEC: ConocoPhillips, Occidental Should Hold Shareholder Votes On Emission Goals 14 hours Saudi Forces Strike Yemen In Response To Attack On Aramco 3 days Oil Firms Discuss Return To Venezuela As Maduro Promises End Of Monopoly 3 days Nuclear Overtakes Coal Fired Power Generation In Historic Move 3 days China Bans Tesla Use At Military Sites Over National Security Concerns 3 days Riyadh Refinery Attacked By Drones, Saudis Say Oil Supply Safe
7 hours Jet Fuel Demand Set To Recover As U.S. Air Travel Picks Up 8 hours Climate Change Is No Longer A Taboo For U.S. Oil Majors 9 hours PDVSA Oil Terminal Declares Bankruptcy 11 hours U.S. Driller May Get Lead Role In Major Mexican Oilfield 12 hours BP Drops Reserve Replacement Ratio 1 day Russia Says LNG Production Capacity Could Jump Threefold By 2035 1 day Record Renewables Investment Closes The Gap With Oil & Gas Spending 1 day Qatar To Solidy Its Market Share In Fast-Growing Chinese LNG Market 1 day Low-Rated U.S. Oil Firms Raise Record $20 Billion In Bonds 1 day SEC: ConocoPhillips, Occidental Should Hold Shareholder Votes On Emission Goals
US toy sales surged 16% in 2020 as parents looked to entertain kids during pandemic (SPY -0.2%). Biggest midday movers: GameStop, Bed Bath and Beyond, Carnival.
Here is the current market situation from CNN Money
North and South American markets are mixed. The IPC is higher by 0.05%, while the Bovespa is leading the S&P 500 lower. They are down 0.80% and 0.21% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Barclays: WTI To Average $52 In 2021 Barclays expects the U.S. oil benchmark, WTI Crude, to average $52 per barrel in 2021, raising its outlook by $2 a barrel due to a weaker U.S. dollar and expected higher demand for winter fuels because of the cold snap in the northern hemisphere. The bank also lifted its view on the average Brent Crude price for this year by $2 per barrel, expecting it at $55, Reuters reported on Monday. The new forecasts are roughly the levels at which both benchmarks traded early on Monday, with WTI Crude at just
Iraq plans to cut oil output in January and February to make up for breaching its OPEC+ quota last year, according to the state company that markets the nation’s crude.
Iraq plans to cut oil output in January and February to make up for breaching its OPEC+ quota last year, according to the state company that markets the nation’s crude.