Barclays Capital
Barclays Capital
Barclays Investment Bankis the investment banking division of the British multinational Barclays bank headquartered in London. It provides advisory, financing and risk management services to large companies, institutions and government clients. It is a primary dealer in U.S. Treasury securities and various European Government bonds...
atlantic disputes edge further operating serve system
In all, the disputes serve as further notice, if needed, that the Atlantic refining system is operating on the edge at the moment.
crude dichotomy flush market products tight
The dichotomy in the US market between tight products and flush crude has become more pronounced.
although comfort crude current demand falling given growing high inventory levels oil product stocks unusually
The current high levels of U.S. inventory is of little comfort given that it is the product of an unusually high level of seasonal maintenance. Although crude stocks are rising, product stocks are falling and U.S. oil demand is growing strongly.
close markets pricing seem zero
The markets seem to be pricing in close to zero probability of something going wrong.
alone barrels expected gasoline loss order output plants potential
The loss in potential gasoline output from these plants alone is expected to be of the order of 600,000 barrels a day.
broader charts closely correction further market near phase signs subject technical term towards trend weakness
The market could be subject to further weakness in the near term towards $535. The technical charts will be closely monitored in this correction phase for any signs of a broader trend reversal.
appear continues environment favorable market overall
The market continues to appear well-supported and we see the overall macroeconomic and geopolitical environment as favorable for gold.
april gold level lower next push ratio target
Indeed, another push lower in the gold-to-silver ratio is still possible, with the next target level around the April 2004 low of 51.