Saturday, April 5, 2025
Ex-Citigroup CEO Sandy Weill calls Morgan Stanley and Charles Schwab ‘very good buys’- oil and gas 360

Ex-Citigroup CEO Sandy Weill calls Morgan Stanley and Charles Schwab ‘very good buys’

CNBC Sandy Weill, the former Citigroup CEO and chairman who helped create the megabank model in the 1990s, said Friday that Morgan Stanley and Charles Schwab were “really very good buys.” Bank stocks have been hammered this week, giving back recent gains tied to the reopening of the U.S. economy, in part because the Federal Reserve said it would keep its benchmark rate near zero through

Morgan Stanley flags risk oil price rally will lead to a fall- oil and gas 360

Morgan Stanley flags risk oil price rally will lead to a fall

Reuters Oil prices have quickly climbed to levels that raise the risk of price falls as demand is fragile, Morgan Stanley said on Monday, as benchmark crude hit its highest in three months. Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July and as China’s crude imports hit

Morgan Stanley not given advisory role on Aramco pipeline sale: sources- oil and gas 360

Morgan Stanley not given advisory role on Aramco pipeline sale: sources

Reuters LONDON/DUBAI  – Morgan Stanley (MS.N) has not been given an advisory role on the potential sale of a stake in Saudi Aramco’s pipeline business, a deal worth over $10 billion, two sources told Reuters. The U.S. investment bank, which has previously advised the world’s largest oil company, was originally looking to be part of the advisory group on any

Morgan Stanley not given advisory role on Aramco pipeline sale: sources- oil and gas 360

Morgan Stanley sees tighter oil market, raises Brent forecast

Reuters Morgan Stanley on Tuesday raised its year-end Brent price forecast to $40 per barrel, citing a faster-than-expected balance in global oil demand and supply as countries ease coronavirus restrictions and major producers cut supply.   “We expect demand to rebound to about 97 million barrels per day (bpd) by Q4 as economies come out of lockdown – a significant

Venture Global LNG Raises $675 Million - Oil & Gas 360

Venture Global Closes on Project Financing for Calcasieu Pass LNG

By Tyler Losier, Energy Reporter, Oil & Gas 360 Proceeds from Venture Global’s debt and equity financing will fully fund the construction and commissioning of its Calcasieu Pass LNG facility Venture Global LNG Inc., headquartered in Arlington, Virginia, has closed on the project financing for its Calcasieu Pass LNG facility and associated TransCameron pipeline in Cameron Parish, Louisiana. The proceeds

Brazos Midstream Holdings Sold for $1.75 Billion

Fort Worth-based Brazos Midstream Holdings, LLC and its financial sponsor, Old Ironsides Energy, have entered into a definitive agreement to sell its Delaware Basin subsidiary companies to North Haven Infrastructure Partners II (NHIP II) and related funds for approximately $1.75 billion in cash. Closing is expected in the second quarter of 2018. Brazos’s Delaware Basin assets are located in Reeves,

Colorado Oil: Adams County Commissioners Vote to Put in a Temporary Moratorium on Oil & Gas Permit Applications- Oil & Gas 360

Oil Prices? Bearish for Now, but the Bulls are Coming

MS Executive Director Jeremy Friesen Sees Prices Unsustainably Low, As Both Demand And Supply Will Move At These Levels At the November meeting of the Energy Finance Discussion Group in Denver on Nov. 11, Jeremy Friesen, Commodity Strategist for Morgan Stanley’s Commodity Trading Group, gave a presentation that looked at global economic trends and movements of oil supply and demand.