Search Results for: oil

S&P 500 (SPY ETF) and Barrels of Oil The long stocks/short oil trade has been a winning strategy since 2008. Image: BofA Global Investment Strategy

Forecasts for Cumulative Total Oil Stock Builds by Region The Goldman Sachs forecast remains unchanged for Brent at $65/bbl by 3Q 2021. Image: Goldman Sachs Global Investment Research

Global Oil Demand Growth by Sector Global oil demand is recovering sequentially as the world’s coronavirus lockdowns are being eased. Image: BofA Global Research

Oil Price vs. 10-Year Breakeven Inflation The collapse in the price of oil is creating a disinflationary risk. Image: Piper Sandler

Commodities (Oil, Gold, Copper) – Commodity Net Long Positioning Net speculative copper positioning is bullish again. Image: Goldman Sachs Global Investment Research

U.S. Five-Year Inflation Swap and WTI Oil Chart suggesting the correlation between inflation expectations and oil prices. Image: Morgan Stanley Wealth Management

Brent Oil Price Forecast for 2021 Goldman Sachs is more bullish and boosts oil forecast for 2021. Image: Goldman Sachs Global Investment Research

WTI Crude Oil vs. S&P 500 Energy Index U.S. energy stocks continue to trade at low levels relative to crude oil prices. Image: Morgan Stanley Wealth Management

Valuation – Energy Sector Returns vs. Long-Term Oil Prices Is the energy sector a relative bargain? Is the energy sector a relative bargain? Goldman Sachs is still “underweight” energy stocks. Image: Goldman Sachs Global Investment Research

Oil Price vs. Global Trade Price Index Oil prices tend to drive prices for all traded goods. Image: Goldman Sachs Global Investment Research