Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Berenberg cuts Centrica price target on weaker energy outlook and rising bad debts
Berenberg cut its price target on Centrica to £2 from £2.30 after the company's July 23 first-half update. The bank cited a weaker Centrica
RBC Sees Galp Output Rising, But Investors May Stay Cautious
RBC Capital Markets has raised its production forecast for Galp Energia, but says investors may stay cautious until major projects deliver.
Barclays expects RWE to raise 2026 outlook after one-off gain and grid deal
Barclays thinks German utility RWE may raise its 2026 outlook when it reports first-half results on August 13. Two developments since March
Saipem cuts 2026 profit view after spending $70 million on Middle East security
Saipem lowered its 2026 earnings outlook after spending €70 million on security and logistics tied to the Middle East conflict. The Italian
Oil's 7.5% Plunge Rattles Markets Ahead of Fed Decision and Mega-Cap Earnings
WTI crude tumbled 7.5% to $82.61 after Trump revealed 'very deep talks' with Iran. The slide rippled through markets, firming Treasuries and
RBC Sees SLB's Revenue Growth Accelerating to 10% by 2027 on Offshore and Middle East Demand
RBC Capital Markets sees oilfield-services giant SLB's growth drivers aligning by 2027, forecasting 10% revenue growth and significantly hig
Energy stocks slide as oil prices tumble; Baker Hughes bucks trend
Oil prices fell sharply Monday, with WTI dropping 5.7% to $84.25 and Brent sliding 6.1% to $90.90. Energy stocks followed, but Baker Hughes
Oil's 30% Rally Shifts Global Rate Bets, but Canada's Central Bank Expectations Barely Budge
Oil prices have jumped more than 30% since early July, pushing traders to price in full rate hikes from the Bank of England and European Cen
Berenberg lifts Repsol target to €31 on strong refining margins and buybacks
Berenberg raised its price target on Repsol to €31 after the Spanish energy giant beat Q2 expectations and sped up share buybacks. Strong re
TotalEnergies gas trading could rebound in Q3 after $800 million LNG profit drop
TotalEnergies' LNG trading profit plunged $800 million in Q2, but Berenberg says gas prices have since rebounded. The bank trimmed its 2026-
RBC Sees Glencore Benefiting from Tighter Gas Markets and Volatility
RBC Capital Markets expects Glencore to benefit from tighter natural gas and LNG markets, which could boost its energy marketing earnings. T
Galp's Brazil Oil Output Drives 45% Profit Jump, Dividend Hike Planned
Galp Energia's second-quarter adjusted profit rose 45% to €540 million, beating analyst expectations. Higher oil output in Brazil and strong