Deutsche Bank maintains Repsol at Buy
A Deutsche Bank analyst maintained Repsol (BME: REP) at Buy and a price target of $15.70 from a prior price target of %currency%%price%. Prior to this rating, Repsol had 20 buy ratings, 6...
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RBC Capital maintains Repsol at Outperform
A RBC Capital analyst maintained Repsol (BME: REP) at Outperform and a price target of $20.00. Prior to this rating, Repsol had 20 buy ratings, 6 hold ratings, and 0 sell ratings. For...
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Apple, ChargePoint, Pinterest Rise Premarket; Nio, Newell Brands Fall
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Wednesday, September 7th. Please refresh for updates. Apple (NASDAQ:AAPL) stock rose 0.1% ahead of the company's 'Fall...
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Yen Slide, Beige Book, iPhone 14 - What's Moving Markets
By Geoffrey Smith Investing.com -- The yen slumped to a new 24-year low against the dollar as China's trade figures cast doubt over the economic outlook for Asia. The Federal Reserve...
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Repsol Sells 25% Stake in Upstream Unit to EIG, Aims for U.S. Listing
By Geoffrey Smith Investing.com -- Repsol (BME:REP) is to sell a 25% stake in its upstream oil and gas business to U.S. investment group EIG, unlocking capital that it will redeploy in a...
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A $9.4 Trillion Results Day Looms in a Test for Stock Market
(Bloomberg) -- For analysts, the last Thursday of July is always one of the busiest dates in the calendar. This year, it’s likely to be even more of a stretch. Firms in the US and Europe...
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Oil Dips After Piercing $120 as U.S. Inflation, GDP Worries Bite
By Barani Krishnan Investing.com -- Oil surged to near three-month highs above $120 a barrel in Monday’s session before turning lower on profit-taking and worries about hurt to the U.S....
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Here’s What Libya’s New Government Means for the Oil World
(Bloomberg) -- Libya’s back in the oil game after years of false starts and setbacks. Energy facilities shut or damaged during its civil war were reopened last year and the OPEC member has...
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Venezuela Oil Exports Almost Triple Even as U.S. Adds Sanctions
(Bloomberg) -- Venezuela almost tripled its crude oil exports even as the U.S. continues to tighten sanctions against companies seeking to do business with its ruling regime. Exports of oil...
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Libya Reopens Biggest Oil Field, Giving OPEC+ a New Headache
(Bloomberg) -- Libya took a major step toward reviving its battered oil industry by reopening its biggest field, presenting a new headache for OPEC+ as the alliance of major producers tries...
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Libya’s Oil Crescent Gets Back to Business as Sarir Field Opens
(Bloomberg) -- Libya’s oil industry continued its revival this week following a truce between the main factions in the OPEC member’s devastating civil war. The Sarir field opened on Tuesday,...
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Here’s the Latest on Libya as It Restarts Oil Output and Exports
(Bloomberg) -- Libya’s oil industry, all but shut down since January because of civil war, is reopening -- in parts. Oil output has almost tripled to 250,000 barrels a day since the partial...
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Trump Administration Weighs Tighter Sanctions on Venezuelan Oil
(Bloomberg) -- The Trump administration is considering additional sanctions on Venezuela aimed at halting the remaining fuel transactions permitted with the South American nation, according...
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Venezuela Is Boosting Oil Exports Even as Production Plummets
(Bloomberg) -- Venezuela’s long-suffering oil industry is ramping up exports even as production continues its inexorable slide. Exports of crude oil, the commodity that bankrolls the regime...
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The Car Is Staging a Comeback, Spurring Oil’s Recovery
(Bloomberg) -- James Li, a public relations account director, would rather spend an hour sitting in Beijing traffic than risk 30 minutes exposed to crowds on a train. “Traffic is as bad as...
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Meal Kits Surge as Sunglasses, Moisturizers Slump: Earnings Wrap
(Bloomberg) -- Evidence of the impact of Covid-19 on European companies is flowing through their first-quarter earnings reports, with warnings from eyewear makers, semiconductor...
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Repsol Profit Drops 28% After Income From Oil Output Plummets
(Bloomberg) -- Repsol (OTC:REPYY) SA said first-quarter profit slumped 28% as oil prices began their unprecedented decline.Earnings from the Spanish energy producer, like those of its peers,...
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Repsol Profit Beats as Downstream Earnings Trump Oil’s Fall
(Bloomberg) -- Repsol's (BE:REPAy) third-quarter income beat expectations as the retail and and chemical operations helped offset lower oil prices.Adjusted net income was 522 million...
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