Shocking UAE exit rocks OPEC, but group will still hold significant sway over the oil market [CNBC]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: CNBC
Oil tanker company earnings are going to soar over next 12 months as the group profits from risk and uncertainty. What if oil prices don't keep climbing higher? Any break in the prices could boost the stocks below. (This is CNBC's “Power Insider” newsletter, your inside look at the investments, people and companies powering the global energy industry. Click here to subscribe.) POWER POINT What I'm hearing from energy insiders The ink was barely dry - so to speak - on this week's Power Point when the news blew harder than the oil well in the movie There Will Be Blood . The United Arab Emirates is leaving OPEC, and leaving now. It came as a shock to many. The UAE may only be the 3rd largest producer in OPEC - and 8th largest in the world - but it punches above its weight in terms of influence. I've been to a number of OPEC meetings and the UAE and its long-time energy minister Suhail Al Mazrouei have always been at the forefront of the negotiation and dialogue. Whenever there
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GS
Earnings
- 4/14/26 - Beat
GS
Sec Filings
- 4/29/26 - Form 424B2
- 4/29/26 - Form FWP
- 4/29/26 - Form 424B2
- GS's page on the SEC website