PetroVietnam Transportation (PVT) - Aggressive Fleet Expansion, Firm Outlook for Tanker Rates
We raise our target price (TP) for PVT by 10.4% to VND37,300/share and re-iterate a BUY rating. Our higher TP is driven by our 6.9% higher...
152 Views
PVT [BUY +36.1%] - Aggressive Fleet Expansion, Firm Outlook for Tanker Rates
We raise our target price (TP) for PVT by 10.4% to VND37,300/share and re-iterate a BUY rating. Our higher TP is driven by our 6.9% higher...
102 Views
Oil & Gas Sector Update - Lowering oil price forecasts on increased risks to global trade
Tougher US trade policies with China and potential retaliation could renew a trade war that weighs on global trade and oil consumption: US...
189 Views
Oil & Gas Sector - Lowering 2024F Oil Price, Raising 2025F Forecast
We lower our average 2024F Brent oil price assumption by 3.6% to USD80/bbl. YTD to October 3, the average Brent oil price was USD82/bbl, slightly...
190 Views
Industry Report - Oil and Gas - Neutral - China's recovery holds key to growth
According to the International Energy Agency (IEA), global crude oil demand is forecast to increase to 103mnbd by 2mnbd (+2% YoY) in 2023.
308 Views