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Jul 28, 2015
via Breakingviews

BP is making the best of a bad situation

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

BP is making the best of a bad situation. There is clear progress on bringing down costs and capital expenditure. But with the oil price at nearly a six-month low of $53 a barrel for Brent crude, it’s only going to get harder for the UK oil major.

Jul 28, 2015
via Breakingviews

BP is making the best of a bad situation

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

BP is making the best of a bad situation. There is clear progress on bringing down costs and capital expenditure. But with the oil price at nearly a six-month low of $53 a barrel for Brent crude, it’s only going to get harder for the UK oil major.

Jul 7, 2015
via Breakingviews

Oil is grounded in a sub-$60 bear market

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

The oil price is grounded in a sub-$60 bear market. On July 6, Brent crude fell over 6 percent on the back of worries about Greece and the prospect of an Iran nuclear deal. The latter has a much bigger, if delayed, impact. Oil steadied on July 7 to just above $57 a barrel, but plenty of other factors are likely to keep a lid on prices.

Jul 7, 2015
via Breakingviews

Oil is grounded in a sub-$60 bear market

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

The oil price is grounded in a sub-$60 bear market. On July 6, Brent crude fell over 6 percent on the back of worries about Greece and the prospect of an Iran nuclear deal. The latter has a much bigger, if delayed, impact. Oil steadied on July 7 to just above $57 a barrel, but plenty of other factors are likely to keep a lid on prices.

Jun 5, 2015
via Breakingviews

Vodafone talks raise more questions than answers

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

It is good to talk. And Vodafone is right to open formal, if non-committal, lines of communication with Liberty Global. The $100 billion UK mobile giant says it is discussing asset swaps with Europe’s leading cable group. Vodafone shares fell 2 percent in morning trading, suggesting disappointment among investors who’d thought a merger was on the cards. Smaller scale M&A is probably the right way forward but it could get complicated.

Jun 1, 2015
via Breakingviews

Why $65 per barrel oil looks like a ceiling, not a floor

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Additional reporting and writing by Kevin Allison. The authors are Reuters Breakingviews  columnists. The opinions expressed are their own.

Big Oil is too confident about crude prices. After a 40 percent rally from January’s six-year low, the momentum has been on the upside. But the current prices – $65 a barrel for Brent and $60 for WTI – look more like a ceiling than a floor.

Jun 1, 2015
via Breakingviews

Why $65 per barrel oil looks like a ceiling, not a floor

Photo

Additional reporting and writing by Kevin Allison. The authors are Reuters Breakingviews  columnists. The opinions expressed are their own.

Big Oil is too confident about crude prices. After a 40 percent rally from January’s six-year low, the momentum has been on the upside. But the current prices – $65 a barrel for Brent and $60 for WTI – look more like a ceiling than a floor.

May 20, 2015
via Breakingviews

Altice’s $9 bln U.S. foray shows controlled ambition

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

French cable king Patrick Drahi is showing controlled ambition by extending his 28 billion euro ($32.4 billion) telecom empire stateside. Altice is buying 70 percent of U.S. cable firm Suddenlink from its private equity owners, valuing the company at $9.1 billion including debt, or 10.1 times last year’s EBITDA. The move is more considered than it might look.

May 20, 2015
via Breakingviews

Altice’s $9 bln U.S. foray shows controlled ambition

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

French cable king Patrick Drahi is showing controlled ambition by extending his 28 billion euro ($32.4 billion) telecom empire stateside. Altice is buying 70 percent of U.S. cable firm Suddenlink from its private equity owners, valuing the company at $9.1 billion including debt, or 10.1 times last year’s EBITDA. The move is more considered than it might look.

May 7, 2015
via Breakingviews

ECB’s bank board-crashing makes sense – to a point

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

The European Central Bank plans to crash bank boardrooms across Europe. The euro zone’s financial stability gnomes will observe meetings. As part of the effort to foresee banking sector trouble, this makes sense – at least to a point.

    • About Fiona

      "Fiona Maharg-Bravo is breakingviews´ Madrid correspondent. Fiona joined breakingviews in 2003 in London, covering media, transport, energy and Spain. Previously she spent a few months at the Financial Times as winner of the 2002 Nico Colchester Fellowship. Before becoming a journalist, Fiona worked nearly five years in banking, first at JP Morgan in equity capital markets and leveraged finance groups and then at the European Bank for Reconstruction and Development. She gained a BA/MA (Phi Beta Kappa) from the University of Chicago in Political Science and International Relations and a Diploma in Economics from Cambridge University."
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