Stock market: the Oil and gas sector in the spotlight

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The Russian stock market after the rise in oil prices continues active path to new heights. Futures on Brent crude oil (LCOc1) was trading at 86,14 USD per barrel, Futures for Brent crude (LCOc1) was trading at 86,14 dollars per barrel. Brent reached a four-year high in 86,74 per barrel, driven by expectations of a tightening market before the US sanctions that will target oil exports to Iran next month. Oil futures U.S. crude oil (WTI), the U.S. (CLc1) fell 18 cents, or 0.2 percent, 76,23 dollars per barrel.
Data last week showed a much larger than expected rise in U.S. commercial crude oil (inventory), which implies that oil prices should fall. Crude oil inventories in the U.S. rose by nearly 8 million barrels last week to about 404 million barrels, which is the largest increase since March of 2017. Meanwhile, crude oil production in the U.S. remained at a record high of 11.1 million barrels per day. Against the background of General oil paintings, Russian oil and gas companies continues to rise.
Rosneft (MCX: ROSN), may still grow by +2.2%, LUKOIL (MCX: LKOH RM), the expected increase of +1.5%, NOVATEK (MCX: NVTK) has a growth potential of at least +1.2%, Tatneft (MCX: TATN), expect continuation of growth after a slight correction of +1%, Tatneft (MCX: TATN) will grow by +1.6%, Gazprom Neft (MCX: SIBN RM), expected +2.5%. Investors continue to actively invest in the company data, as uncertainty over the Middle East and global demand in the oil market, will positively influence the growth of oil in such conditions. Russian stock indexes at the expense of the sector will continue to upgrade to new highs.
U.S. stock markets closed positive with gains in the sectors of oil and gas, technology and Finance has led to growth stocks. Investors assessed the U.S. economy and accelerated growth rates. The benchmark 10-year yield rose above 3.2%, and for the first time since 2011 and the dollar strengthened. Improved investors ‘ appetite for riskier assets led to a sharp increase in yield that began on Wednesday after the release of upbeat news about the American jobs and stop the worries about the financial situation in Italy. The 30-year yield at highest level since 2014.
The government of the United States payroll data for September on Friday, and economists predict a decline in unemployment to 3.8%. It has not been below since 1969. Treasury bonds extend the September decline, which was caused, in part, more rapid than projected growth in wages in the employment data, published at the beginning of last month.
Today you should also pay attention to the stock, which yesterday showed good growth. Caterpillar Inc. (NYSE: CAT), which rose 2.20 percent, or 3.40 points, to trade at around 158,22 at the closing. Meanwhile, Boeing Co (NYSE: BA) gained 1.53 percent or 5.93 points to 392,30, and Intel Corporation (NASDAQ: INTC) rose 1.37% or 0.66 points to 48,76 at the end of the auction. Today should actively monitor these issuers and the potential for further growth in the short term, these actions may amount to at least 1.5%. After yesterday’s growth of the financial sector, today we can observe a correction on it, which can lead to multi-directional closure of the us stock indices.
Gaidar Hasanov
“International financial center”