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Bernstein Downgrades InterOil, But Continues To See Upside For Long-Term Investors
Monday, August 15, 2016 - 11:13am | 330Read More...Following the bidding war between Exxon Mobil Corporation (NYSE: XOM) and Total SA (ADR) (NYSE: TOT) for the Antelope resource of InterOil Corporation (USA) (NYSE: IOC), Bernstein’s Neil Beveridge believes a counter-bid from Total was now unlikely. Beveridge downgraded the rating on...
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'Peak Oil' Not Until 2035, Demand 'Could Well Be Stronger' In Coming Years
Tuesday, April 12, 2016 - 11:25am | 345Read More...The world will begin to wean itself off its reliance on oil starting in about 20 more years. According to Bernstein analyst Neil Beveridge, the world will hit peak oil in 2035. The global crude oil supply glut, as well as the rise of electric vehicles, slowing growth in China and increases in...
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Oil Markets Could Re-Balance Earlier Than Expected, New Research Shows
Monday, March 7, 2016 - 11:46am | 287Read More...In a new report, A.B. Bernstein analyst Neil Beveridge discusses why China will be the main driver behind a quicker-than-expected re-balancing of the global oil market. According to Beveridge, the market is underestimating China's 2016 crude production cuts. “We believe that at...
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Bernstein Warns Of 1980s-Style Sovereign Debt Crisis Amid Oil Market Slump
Thursday, February 4, 2016 - 10:37am | 360Read More...On Thursday, Bernstein Research issued a report regarding the fall in oil prices seen in recent months, saying that if prices remain low, a wave of sovereign defaults may be seen. Currently, WTI Crude Oil is trading at $32.28 a barrel, which has put pressure on governments such as Russia, Qatar...
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The Massive Energy M&A Cycle Could Be Arriving Soon
Monday, November 2, 2015 - 2:15pm | 467Read More...Oil investors are watching for the beginning of the M&A boom that typically accompanies downturns in crude prices. The "lower for longer" price outlook may be delaying the beginning of the M&A boom because buyers believe they can remain patient for now. Bernstein believes that...
