Cement News tagged under: Bank of America Merrill Lynch
BAML: Boral best placed to benefit from Australia’s infrastructure boom11 October 2017, Published under Cement NewsASX investors looking to benefit from the AUD100bn infrastructure boom could do well by placing their bets on Boral, according to analysts at Bank of America Merrill Lynch (BAML). The cement producer’s comparative advantage lies in its exposure to the infrastructure spend over the next decade, combined with expanding profit margins in the US. BAML building materials analyst Sophie Spartalis said in a report on the large ASX-listed building and construction stocks that Boral is the "to... |
Average oil price in 2017 to hover around US$61/bbl, gas at US$3.50/mBtu13 December 2016, Published under Cement NewsBrent oil is expected to average US$61/bbl in 2017, peaking at US$70/bbl during the US driving season while WTI’s average is forecast at around US$59/bbl, according to the latest report by Bank of America Merrill Lynch (BoAML). This follows last week’s OPEC announcement to cut crude production by 1.2Mbpd with non-OPEC producers supplying an extra 0.6Mbpd. “This joint curb is a first since 1998 and in our view marks a clear turning point. It will likely tighten global oil market balances a... |
Oil prices tumble, demand rises09 February 2016, Published under Cement NewsAs the oil market is supplied with considerable volumes from US shale oil to ramped up production in Saudi Arabia and Iraq, oil prices have tumbled in the past six months. On the back of price falls, demand for oil has increased. Real Brent crude oil prices are hitting bottom prices since decades and the share of energy consumption as percentage of global GDP is 2.6 per cent, a level not seen since the late 1990s. Demand has jumped to 1.7mbd in 2015 and the current oil prices are expected... |
Page
1
of
1
1