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Shares of Oil and Gas Companies Are Trading Higher Following Reports Suggesting the US Is Preparing Sanctions Against Russian Oil and Gas.
Brent crude futures surged over 4%! Chevron and Occidental Petroleum both rose over 2%, and Goldman Sachs emphasized that oil demand will expand due to the cold winter.
On Friday, influenced by the decline in USA Crude Oil Product inventories, the international crude oil price benchmark—Brent Futures price rose by over 2%, breaking through $78.5 per barrel.
YPF Analyst Ratings
Oil Remains Well Supported – ING
J.P. Morgan Upgrades YPF SA(YPF.US) to Buy Rating, Raises Target Price to $59.5
Express News | JPMorgan Upgrades YPF to 'overweight' From 'neutral'; Raises Price Target to $59.50/Adr From $25.00/Adr