Natixis - The Impact of Trump 2.0 on the Oil Market

Report

Natixis

Joel Hancock

The Impact of Trump 2.0 on the Oil Market

The potential oil market impact of a second Trump presidency has been widely debated in recent weeks. In this note, we discuss some of the key oil market thematics which could be impacted by a second Trump term. Net, we see net-bullish effects although view the potential direct impact as overstated, particularly in the short-term.

23/08/2024 1 EN

Provider

Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

See profile

Analysts

Joel Hancock

Other Reports from Natixis

Bernard Dahdah

Bernard Dahdah

Will silver keep outperforming gold?

In this report we look at the reasons behind silver’s recent outperformance vs. gold and give our price outlook . The correlation between gold and silver has considerably weakened since the start of the year , all while silver and copper prices have been moving in tandem. With industrial demand for silver rising and now equating to 58 % of total demand for silver, the metal is reacting more like a base metal. More importantly is the fact the solar panel demand for silver now accounts to a fifth of total demand for the metal, up from 6% a decade ago. Renewables have now become the maj...

20h / 31m 20h / 31m 1 EN

Ivan Pavlovic

Ivan Pavlovic

Buy EnBW 1 7/8 2033 vs. sell RWE 0 5/8 2031

Z spread-wise, EnBW 1 7/8 2033 (ISIN: XS1901055472) currently trades wider than RWE 0 5/8 2031 (ISIN: XS2351092478) by around 22bps. This spread differential is hard to justify in light of the following elements: The rating differential between the two issuers. EnBW’s ratings (A- stable / Baa1 stable / WR) are on average one-notch higher than RWE’s (WR / Baa2 stable / BBB+ stable). As part of our coverage initiation, we are in the opinion that EnBW’s anchor at current rating levels is solid and unlikely to be affected by the hefty capex plan underway (see EnBW: a defensive pla...

21h / 56m 21h / 56m 1 EN

Research CIB

Research CIB

Mid-year Outlook 2025 - "The summer will be hot, the autumn too."

It is an understatement to say that the first six months of 2025 have confirmed that the world has entered a chaotic, volatile, martial, and uncooperative era, where anxiety often competes with misunderstanding. There is little chance that this will change for the rest of the year. In the absence of strong convictions, here are some trends that are likely to continue:The trade war will continueThe United States is already imposing tariffs of over 15% ahead of the announcements on July 9, China is demanding photos and details of the technologies in which its rare earths are used, and Europe is ...

22h / 12m 22h / 12m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

The Impact of Trump 2.0 on the Oil Market

Will silver keep outperforming gold?

Buy EnBW 1 7/8 2033 vs. sell RWE 0 5/8 2031

Mid-year Outlook 2025 - "The summer will be hot, the autumn too."

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe