Susquehanna Adjusts Price Target on EOG Resources to $161 From $158, Maintains Positive Rating

MT NewswiresJan 27 21:16 · Ratings

International oil prices are experiencing significant fluctuations! What new variables might arise in the future?

Under the pressure of President Trump in the USA, international oil prices fell by about 3.5% last week, ending four consecutive weeks of increase.

Brokerage ChinaJan 27 07:09

Trump has demanded OPEC to lower oil prices for the second consecutive day, and Putin stated that he will talk with Trump to discuss Energy issues.

On Friday, USA President Trump once again called for the Organization of the Petroleum Exporting Countries (OPEC) to lower oil prices, hoping to undermine Russia's financial revenue from oil production and help end the Russia-Ukraine conflict. Putin had previously responded that he was ready to meet with Trump to discuss Crude Oil Product prices and Other Energy Sources issues. After a 1% drop on Thursday, oil prices continued to decrease slightly on Friday.

wallstreetcnJan 25 14:40

Trump wants to increase production of Shale Oil in the USA, but Wall Street may not let him achieve that.

The market's enthusiasm for increasing Shale Oil production is waning, while economic realities and investor pressures have become actual obstacles. According to forecasts, during Trump's second term, the total Crude Oil Product output in the USA is expected to grow by less than 1.3 million barrels per day, far below the increase of 1.9 million barrels per day during Biden's term.

wallstreetcnJan 24 22:08

The "Understanding King" is online! Trump speaks intensively at Davos, claiming to understand interest rates better than Powell, discussing tariffs and oil prices.

Trump stated that companies not producing in the USA face tariffs of "hundreds of billions or even trillions of dollars". If produced in the USA, they can enjoy a reduction of corporate tax to 15%. The tariffs in Europe are too high, the regulations are too strict, and the trade deficit with the USA is too large, which will lead to measures being taken to ensure that the USA supplies Energy to Europe. Trump called on OPEC to "lower oil costs", stating that this would pressure Russia to end the Russia-Ukraine conflict, and demanded that the Saudi Crown Prince increase the promised investment in the USA to 1 trillion dollars. He also mentioned that he would "demand an immediate decrease in interest rates" and plans to have a conversation with Powell at an appropriate time.

wallstreetcnJan 24 07:19

EOG Resources Analyst Ratings

BenzingaJan 24 01:55 · Ratings