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Justin Reid, President and CEO, Troilus Gold Corp.

Justin Reid
President and CEO | Troilus Gold Corp.
36 Lombard Street, Floor 4, M5C 2X3 Toronto, Ontario (CAN)

info@troilusgold.com

+1 (647) 276-0050

Interview Troilus Gold: "We are convinced that Troilus is more than just a mine".


John Jeffrey, CEO, Saturn Oil + Gas Inc.

John Jeffrey
CEO | Saturn Oil + Gas Inc.
Suite 1000 - 207 9 Ave SW, T2P 1K3 Calgary (CAN)

info@saturnoil.com

+1-587-392-7900

Saturn Oil + Gas CEO John Jeffrey: "Acquisition has increased production by 2,000%"


Gary Cope, President and CEO, Barsele Minerals

Gary Cope
President and CEO | Barsele Minerals
Suite 1130 - 1055 W. Hastings Street, V6E 2E9 Vancouver (CAN)

info@barseleminerals.com

+1(604) 687-8566

Interview Barsele Minerals: 'I have never seen a project with such good general conditions'.


24. September 2020 | 13:10 CET

BP, Saturn Oil & Gas, Shell: Citigroup and Goldman Sachs see oil price at USD 60

  • Oil
Photo credits: pixabay.com

Oil producers may be facing an exciting turnaround. The experts from Citigroup and Goldman Sachs see the price of oil in 2021 already back at USD 60.00 per barrel or even above. The statements of the analysts are supported by the assumption that the current oversupply will have been reduced by then. The recovery of economies around the globe will bring demand for oil back to pre-corona pandemic levels by the end of 2021.

time to read: 1 minutes by Mario Hose
ISIN: CA80412L1076 , GB0007980591 , GB00B03MLX29


Dr. Thomas Gutschlag, CEO, Deutsche Rohstoff AG
"[...] China's dominance is one of the reasons why we are so heavily involved in the tungsten market. Here, around 85% of production is in Chinese hands. [...]" Dr. Thomas Gutschlag, CEO, Deutsche Rohstoff AG

Full interview

 

Author

Mario Hose

Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

About the author


Normalization is expected

Citigroup's head of commodities research, Ed Morse, was quite optimistic in an interview with Bloomberg. Global demand for oil will reach pre-corona pandemic levels by December 2021. At the beginning of 2020, the price of WTI still stood at over USD 61.00 per barrel. The experts assume that an annual average price of USD 55.00 will be reached.

Vaccine gives the starting signal

Even the experts at Goldman Sachs are more optimistic about the situation on the oil market. They see even more potential for 2022, after USD 60.00 in 2021, and a price level of USD 65.00 is already within the realm of possibility in the third quarter of 2021. Goldman Sachs' analysts have a conclusive explanation for their assessment: "There is a growing likelihood that vaccines will become widely available starting next spring, helping support global growth and oil demand, especially jet."

Store and wait

The current price level of crude oil is used by oil traders for storage in supertankers at sea. As long as the economy is running with the handbrake on, the price of black gold will not rise significantly. However, as soon as a vaccine from a renowned manufacturer is available on the market for a broad mass of people, the demand for goods and transportation will increase and possible catch-up effects will be seen.

Buying instead of making

In addition to the large oil companies such as BP and Shell, this recovery effect will be particularly noticeable for smaller companies such as Saturn Oil & Gas from Canada. The young producer not only attaches great importance to environmental protection and therefore also brought Jim Payne, CEO of the CleanTech company dynaCERT, on board in March 2020, but is also planning an acquisition, as already announced in a news release. An acquisition in this market environment would have advantages over a drilling program of its own, CEO John Jeffrey already announced.

Good Canadian crude oil

Canada has the strictest environmental regulations in the world and protects human rights. For these reasons, the stock is an attractive investment from a moral and return point of view.


Author

Mario Hose

Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

About the author



Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.


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28. July 2021 | 12:03 CET | by Armin Schulz

BP, Saturn Oil + Gas, Gazprom - Oil companies offer great opportunities

  • Oil

The oil price came under pressure in mid-July following an OPEC meeting. Starting in August, production will be increased by 400,000 barrels per day. This arrangement is to apply initially until September 2022. From May 2022, the United Arab Emirates, Kuwait, Iraq, Saudi Arabia and Russia all want to increase their production capacities, which would mean additional production of around 1.6 million barrels per day. The price of crude oil subsequently slumped by around USD 10 to USD 65. However, the downward trend was already broken on July 20, and the price has since climbed back up to USD 72. Today we highlight three companies that produce oil.

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26. July 2021 | 11:04 CET | by André Will-Laudien

Varta, Deutsche Rohstoff AG, Nordex: Multipliers in the commodity sector!

  • Oil

Commodity companies are currently sitting in the front row. But not all of them can profit! Only if a company has invested in recent years can it now deliver. Mining operations worldwide are currently working at the limits of their capacity, and supplying customers is also causing increasing problems. That is because supply chains have been badly hit by a lack of transport capacity, skyrocketing freight rates and pandemic-related outages. It is particularly noticeable in industry: Procurement prices for raw materials and precursors are going through the roof. We take a look at the books of some of the companies involved.

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SAP, Deutsche Rohstoff, Bayer, Condor Gold - Better than expected

  • Oil

The reporting season for the second quarter of 2021 is in full swing. After the weak figures from the same period last year, caused by the Corona pandemic, analysts and investors expect significant earnings increases from companies that suffered heavy losses due to the global lockdowns. On the other hand, it will be interesting to see whether Corona beneficiaries such as Amazon can confirm their growth.

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