Research and News

Crude oil prices retreated again in the month of October 2020 for the second consecutive month, as the expected healthy recovery of global oil demand in 4Q20 eased amid a severe second wave of COVID-19 infections in several regions around the world. More...

11 2020, Arbat Capital

oil, investment

US banks increased significantly in October after substantial decline in September. So, US banks outperformed the broad market for the first time over the last six months. It was the best month for banks vs SPX index since November 2016. Thus, BKX index ...

11 September 2020, Arbat Capital

investment, banks;

Crude oil prices around the world moved sharply lower during September 2020, falling on a month-over-month basis for the first time since April, with the ICE Brent benchmark down 7.0% on a monthly average, while the NYMEX WTI benchmark dropped 6.5%. Oil ...

10 2020, Arbat Capital

oil, investment

US banks decreased in September after moderate growth in August. So, the banking industry index broke down its growth channel and underperformed the broad market again. It was the 5th month in a row of relative underperformance with overall absolute decl...

10 July 2020, Arbat Capital

investment, banks;

Crude oil prices extended their gains in the month of August 2020, climbing to six-month highs, the levels not seen since February 2020. The ICE Brent and NYMEX WTI benchmarks hovered around $45 / bbl and $42 / bbl with several attempts to move even high...

09 2020, Arbat Capital

oil, investment

US banks went higher in August after relatively flat dynamics in three previous months following very volatile first four months of the year. But banks underperformed the broad market significantly again, the 4th month in a row and the 7th month of weake...

09 August 2020, Arbat Capital

investment, banks;

Crude oil prices continued to rally in the month of July 2020 and rose further, settling up by about 6% on a monthly average. The prices were supported by further improvements in oil market fundamentals, bullish economic data, and an improved oil demand ...

08 2020, Arbat Capital

oil, investment

US banks were flat in July as it was in two previous months following very volatile first four months of the year. But banks underperformed the broad market again, the sixth month of weaker dynamics over last 7. Thus, BKX index increased by 0.3% MoM as o...

08 May 2020, Arbat Capital

investment, banks;

Crude oil prices rose in June 2020 and continued to move higher for the second consecutive month, with the ICE Brent and the NYMEX WTI benchmarks reaching three month highs to average $40.77 / bbl and $38.31 / bbl, respectively, on continued improvements...

07 2020, Arbat Capital

oil, investment