|
|
|
29.04.26 - 19:09
|
US Oil Exports Soar To New Record High As Inventories Tumble, SPR Drained Most Since October 2022 (ZeroHedge)
|
|
|
US Oil Exports Soar To New Record High As Inventories Tumble, SPR Drained Most Since October 2022
One week ago we lamented that the record oil inventory drawdown, which has seen over 250 million barrels drained from storage since the start of the war, has not led to higher oil prices (for those who missed it, Goldman forecast that global visible oil inventories are likely to reach record-low levels even in an optimistic scenario where Hormuz flows start to recover by the end of April).
Moments ago the already precarious inventory picture turned even more ominous after the DOE reported that Crude stocks tumbled by a whopping 6.234 million barrels, far more than the 190K draw expected. The huge decline on US crude stockpiles was the largest draw since early February. It took nationwide storage numbers to around 459.5 million barrels.
But it wasn't just crude: all other products drew as well:
Crude -6.234MM, Exp. -190K, and much bigger than the 1.8-million-barrel decrease seen by the API on...
|
|
|
|
|
|
|
29.04.26 - 14:30
|
Goldman′s State Of U.S. Consumer Outlook Gets More Grim (ZeroHedge)
|
|
|
Goldman's State Of U.S. Consumer Outlook Gets More Grim
Goldman consumer analysts Kate McShane and Bonnie Herzog cut their 2026 discretionary cash-inflow growth forecast for the second time this year, citing a worsening squeeze on U.S. households as slower disposable income growth collides with higher fuel prices at the pump. The revision points to a softening among cash-strapped consumers as the US-Iran conflict enters its third month.
McShane and Herzog cut their 2026 U.S. discretionary cash inflow growth to 3.7% from the previous forecast of 4.2% in early April, as slower disposable income growth and the national average gasoline price over $4 per gallon squeeze household spending power.
Their revision reflects a lower forecast for disposable personal income growth of 4.7%, down from 5.0%, as tax cut benefits from President Trump's OBBBA are now seen largely offsetting higher capital gains tax payments, leaving the overall tax bill roughly unchanged from last year.
The largest drag on co...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
28.04.26 - 20:24
|
Goldman Just Raised Its Brent Forecast to $90: 5 Energy Stocks Built for Higher Oil (24/7 Wall St.)
|
|
|
Goldman Sachs raised its Q4 2026 Brent crude forecast to $90 per barrel on April 27, 2026, up from a prior $80 forecast, citing extreme inventory draws from the prolonged closure of the Strait of Hormuz tied to the ongoing US-Iran conflict. Brent is already running hot. The benchmark traded above $108 per barrel on ... Goldman Just Raised Its Brent Forecast to $90: 5 Energy Stocks Built for Higher Oil...
|
|
|
|
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
