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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "In a note addressed to customers, Goldman indicates that companies with the highest percentage of operational cash flow 4Q19 due to rising oil prices include names like Hess (HE IS), Occidental Petroleum (OXY), Cimarex Energy (XEC) and Apache (APA), among others. "data-reactid =" 23 "> In a note to customers, Goldman indicates that companies with" the highest percentage increase in operating cash flow 4Q19 "resulting from higher oil prices include names such as Hess (HES), Occidental Petroleum (OXY), Cimarex Energy (XEC) and Apache (APA), among others.
<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "As for companies with the highest potential" free increase cash flow yield "for the fourth quarter of 2019, Goldman refers to Murphy Oil (WALL) as well as Apache and Cimarex. "data-reactid =" 24 "> For companies with the highest potential for" increased free cash flow yield "for the fourth quarter of 2019, Goldman refers to Murphy Oil (MUR) as well as Apache and Cimarex .
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "West Texas Intermediate Price (WTI) (CL = F), the American oil reference, jumped about 10% Monday, crossing $ 60 per barrel. Although prices are still below the peak of 2019 of about 66 dollars a barrel from the end of April. In addition, the WTI dropped by more than 2% last week – Monday's gain comes from an already depleted base. "Data-reactid =" 25 "> West Texas Intermediate (WTI) prices (CL = F), the benchmark for US oil, surged about 10% Monday, crossing $ 60 a barrel, while prices are still below the peak of 2019 from 2019 to the end of 2019. In addition, WTI fell to over 2% last week – Monday's gain returns to an already depleted base.
The Brent, international reference in the oil sector, saw its prices jump from more than 10% Monday to just under $ 67 per barrel.
Military strikes have affected key crude oil production facilities in Saudi Arabia over the weekend, reducing Saudi Arabia's oil production by some 5.7 million barrels a day.
"The duration of the disturbance is unknown," noted Goldman analysts.
<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Although some analysts believe that the market & nbsp;the pricing was not correct& nbsp; geopolitical tensions over oil prices "data-reactid =" 29 "> Although some analysts believe that the market has not correctly taken into account the geopolitical tensions on oil prices
"Whether Saudi Arabia takes 5 days or much longer to put oil back into production, there is only one rational solution to the drone attacks on the infrastructure of the Kingdom." weekend: this infrastructure is extremely vulnerable to attack and the market has The price of oil is still wrong, which, according to Citi, should have been much higher by 10 dollars per barrel than in previous months, "wrote analysts from Citi to their customers.
The developments in Saudi Arabia sparked several tweets from President Trump on Sunday, including this one:
"On the basis of the attack against Saudi Arabia, which could affect oil prices, I authorized the release of oil from the strategic oil reserve, if necessary, to an amount to be determined sufficient for the markets to be well supplied. . "
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Scott Gamm is a Yahoo Finance journalist. Follow him on Twitter @ScottGamm."data-reactid =" 46 ">Scott Gamm is a Yahoo Finance journalist. Follow him on Twitter @ScottGamm.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "More from Scott:"data-reactid =" 47 ">More from Scott:
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and reddit."data-reactid =" 55 ">Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and reddit.
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