Energy market investing outlook from experts amid coronavirus, oil plunge - Business Insider

日本 ニュース ニュース

Energy market investing outlook from experts amid coronavirus, oil plunge - Business Insider
日本 最新ニュース,日本 見出し
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

As energy experts come to grips with the 'black swan' coronavirus and plunging oil, 4 of them share their outlook for the struggling industry — and assess the economic fallout

"Companies in the space will go out of business," Bill Baruch, the founder and president of Blue Line Futures, a Chicago-based futures and commodities brokerage, told Business Insider, referring to oil and gas firms broadly. "They are now in survival mode; we are seeing spending and rig activity quickly cut back."

As the coronavirus has spread around the world and led to store closures, travel bans, and job losses,said it expects the pandemic to spark a severe recession that will subside next year. By the same token, the report's authors said it's maintaining an overweight position in Asian fixed-income investments given "low energy exposure."

Bank of America, meanwhile, said in a note on Monday that it favors buying crude oil "on dips," though noted the recent oil price shock "can have more permanent effects, as it has hurt the balance sheet of oil exporters significantly."— or those involved in transporting and storing oil and other commodities, like natural gas — are typically less exposed to price fluctations.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

BusinessInsider /  🏆 729. in US

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

10 Celebrities Who Embody Big Aries Energy10 Celebrities Who Embody Big Aries EnergyReese Witherspoon, Queen Celine Dion, Lady Gaga, seven more celebs who embody BAE (Big Aries Energy):
続きを読む »

Patrick Stewart reading Shakespeare on social media is the calming energy we needPatrick Stewart reading Shakespeare on social media is the calming energy we needPatrick Stewart is reading Shakespeare's sonnets to fans on social media and it's the calming energy we need right now.
続きを読む »

French energy group Total steps up cost cuts, suspends buybacksFrench energy group Total steps up cost cuts, suspends buybacksFrench energy group Total announced plans on Monday to step up cost cuts and sus...
続きを読む »



Render Time: 2025-03-24 05:12:43