the latest Flash player

Oil to face the same headwinds in 2016: Fat Prophets

12:34 AM ET Fri, 4 Dec 2015

The headwinds against the oil market will carry through into 2016 if there is no action from OPEC, says David Lennox, resources analyst at Fat Prophets.

Watch CNBC Live TV

You May Like
‹
›
Latest Videos
‹
- 05:57
  
  05:57 | 11 Mins Ago
  
  The Fed will ease in July if trade blows up, economist says
- 09:27
  
  09:27 | 13 Mins Ago
  
  Leon Cooperman: A big market move would be 'knocking on the door of euphoria'
- 04:42
  
  04:42 | 31 Mins Ago
  
  Maersk COO: We're taking a real stand on improving the environment
- 03:47
  
  03:47 | 32 Mins Ago
  
  Why one strategist says the Fed got what it wanted from the markets
- 01:59
  
  01:59 | 37 Mins Ago
  
  Study: Women worked longer hours and slept less than men in 2018
- 02:49
  
  02:49 | 51 Mins Ago
  
  Slack CEO Stewart Butterfield explains what makes Slack unique
- 01:21
  
  01:21 | 1 Hr Ago
  
  News Update – Pre-Markets
- 00:14
  
  00:14 | 1 Hr Ago
  
  This Day in History, June 20, 2019
- 00:44
  
  00:44 | 1 Hr Ago
  
  Markets set to open higher after the Fed hints at future rate cuts
- 04:59
  
  04:59 | 1 Hr Ago
  
  Morning market check-in
- 03:09
  
  03:09 | 1 Hr Ago
  
  Martinko: demand for Slack likely to be high
- 05:04
  
  05:04 | 1 Hr Ago
  
  DiMartino Booth: we're having a recession party
- 02:38
  
  02:38 | 1 Hr Ago
  
  Sen: U.S.-Iran tensions driving oil prices
- 01:58
  
  01:58 | 2 Hrs Ago
  
  US military drone shot down by missile in international airspace, US official says
- 03:57
  
  03:57 | 2 Hrs Ago
  
  Traders need clarity on what happens with the trade war: Strategist
- 03:07
  
  03:07 | 2 Hrs Ago
  
  Look to Asia bonds for value as central banks ease policy: Strategist
- 02:31
  
  02:31 | 2 Hrs Ago
  
  Fed and trade are the two biggest forces for the dollar: Strategist
- 02:38
  
  02:38 | 2 Hrs Ago
  
  Trump doesn't want direct conflict with Iran — but a lot of people around him do: Analyst
- 01:43
  
  01:43 | 2 Hrs Ago
  
  The Fed has increased expectations of easing monetary policy, Citi economist says
- 01:56
  
  01:56 | 2 Hrs Ago
  
  Brexit deal in both UK and EU's interest, British lawmaker says
- 03:05
  
  03:05 | 2 Hrs Ago
  
  European stocks open higher ahead of Bank of England rate decision
- 02:31
  
  02:31 | 3 Hrs Ago
  
  Chinese consumers likely avoiding US tech products, expert says
- 02:51
  
  02:51 | 3 Hrs Ago
  
  Discussing the race for the top ECB job
- 03:09
  
  03:09 | 3 Hrs Ago
  
  Japan Macro Advisors: The dollar-yen could 'skyrocket' to 90
- 02:31
  
  02:31 | 3 Hrs Ago
  
  BNP Paribas sees two Fed rate cuts in 2019
- 02:58
  
  02:58 | 3 Hrs Ago
  
  Why Xi's visit is important for North Korea, China and the US
- 02:03
  
  02:03 | 4 Hrs Ago
  
  The Fed has 'passed the test,' says strategist
- 01:57
  
  01:57 | 4 Hrs Ago
  
  Protectionism is going to be a problem for a while: Strategist
- 03:07
  
  03:07 | 4 Hrs Ago
  
  Investment will remain sluggish amid uncertainty: Economist
- 01:23
  
  01:23 | 4 Hrs Ago
  
  EU leaders gather to decide on bloc's top jobs
›
Top Videos
‹
- 00:44
  
  00:44 | 1 Hr Ago
  
  Markets set to open higher after the Fed hints at future rate cuts
- 11:48
  
  11:48 | 13 Hrs Ago
  
  Cramer: The Fed pleased investors, but there's 'no escaping' the wrath of this White House
- 04:19
  
  04:19 | 16 Hrs Ago
  
  Powell: Not much support for cutting rates now
- 02:30
  
  02:30 | 16 Hrs Ago
  
  Fed should have cut rates, says Heritage Foundation's Stephen Moore
- 04:59
  
  04:59 | 16 Hrs Ago
  
  Powell: Facebook discussed new cryptocurrency, Libra, with Fed
- 04:34
  
  04:34 | 17 Hrs Ago
  
  Powell: Global growth and trade concerns are cross-currents
- 03:21
  
  03:21 | 17 Hrs Ago
  
  Fed needs more info before cutting rates, says former Fed governor
- 02:08
  
  02:08 | 17 Hrs Ago
  
  Divided Federal Reserve holds the line on interest rates
- 03:13
  
  03:13 | 19 Hrs Ago
  
  Fed needs to be dovish but doesn't need to cut rates, says Marc Lasry
- 05:47
  
  05:47 | 19 Hrs Ago
  
  Facebook workers break NDA, expose grim working conditions
- 02:53
  
  02:53 | 19 Hrs Ago
  
  NY Times CEO: Trump's attack on journalists is dangerous and stupid
- 09:14
  
  09:14 | 20 Hrs Ago
  
  Watch CNBC's full interview with Adobe CEO Shantanu Narayen
- 08:01
  
  08:01 | 21 Hrs Ago
  
  Watch CNBC's full interview with former Aetna CEO Mark Bertolini
- 17:52
  
  17:52 | 22 Hrs Ago
  
  Watch CNBC's full interview with Condoleezza Rice
- 04:51
  
  04:51 | 22 Hrs Ago
  
  Fed could make a good case to cut rates, says Leuthold Group's Jim Paulsen
- 11:13
  
  11:13 | 23 Hrs Ago
  
  Target CEO Brian Cornell on the state of retail, technical difficulties
- 09:00
  
  09:00 | 23 Hrs Ago
  
  Yum! Brands co-founder David Novak on the US-China trade war
- 03:41
  
  03:41 | 23 Hrs Ago
  
  Devon Energy CEO David Hager on the oil sector and Devon's future
- 04:05
  
  04:05 | 6:20 AM ET Wed, 19 June 2019
  
  Huawei CEO Ren Zhengfei: The US ban on Huawei hurts the US and China
- 00:58
  
  00:58 | 6:24 AM ET Wed, 19 June 2019
  
  Wall Street set for a slightly higher open ahead of Fed decision
- 02:53
  
  02:53 | 6:10 AM ET Wed, 19 June 2019
  
  Huawei CEO Ren Zhengfei: We can withstand the US crackdown
- 10:50
  
  10:50 | 7:21 PM ET Tue, 18 June 2019
  
  Don't be too optimistic that trade talks will progress at G-20: Cramer
- 03:41
  
  03:41 | 2:48 PM ET Tue, 18 June 2019
  
  Markets could drop 10% in a day if Trump demoted Powell: Expert
- 02:09
  
  02:09 | 11:36 AM ET Tue, 18 June 2019
  
  ECB's Draghi responds to Trump: 'We don't target the exchange rate'
- 08:44
  
  08:44 | 11:32 AM ET Tue, 18 June 2019
  
  Watch CNBC's full interview with John Legend
- 01:47
  
  01:47 | 10:02 AM ET Tue, 18 June 2019
  
  President Trump tweets he'll meet with President Xi at the G-20
- 08:16
  
  08:16 | 9:49 AM ET Tue, 18 June 2019
  
  Cramer: Facebook's new crypto is 'brilliant'
- 08:41
  
  08:41 | 9:47 AM ET Tue, 18 June 2019
  
  Lightspeed's Liew on his new e-commerce venture and Facebook's crypto roll out
- 03:46
  
  03:46 | 8:45 AM ET Tue, 18 June 2019
  
  US housing starts total 1.269 million in May, vs 1.23 million expected
- 01:37
  
  01:37 | 7:55 AM ET Tue, 18 June 2019
  
  Donating to Trump's 2020 campaign might be a tough call for US business
›
Mini Docs
‹
- 08:24
  
  08:24 | 19 Hrs Ago
  
  5 ways to reduce income inequality
- 04:41
  
  04:41 | 7:58 AM ET Sat, 15 June 2019
  
  How China's control of rare earth minerals threatens the U.S.
- 05:07
  
  05:07 | 10:25 AM ET Sat, 15 June 2019
  
  Meet the 11-year-old DJ who caught the attention of Jay-Z's Roc Nation
- 12:48
  
  12:48 | 7:50 AM ET Sun, 16 June 2019
  
  How the U.S. got hooked on foreign oil
- 04:52
  
  04:52 | 10:52 AM ET Thu, 13 June 2019
  
  How a 27-year-old making $80k in San Diego spends his money
- 09:56
  
  09:56 | 8:59 AM ET Sat, 8 June 2019
  
  Inside a Waldorf School — what it is like to learn with no tech
- 08:43
  
  08:43 | 7:59 AM ET Mon, 10 June 2019
  
  Large factory robots pose a danger to humans — here's how Veo Robotics is making them safer
- 09:06
  
  09:06 | 8:02 AM ET Sat, 8 June 2019
  
  SpaceX wants to go New York to Shanghai in 40 minutes
- 06:33
  
  06:33 | 5:31 PM ET Fri, 7 June 2019
  
  Why so many people are dying on top of Mount Everest
- 08:46
  
  08:46 | 9:41 AM ET Fri, 7 June 2019
  
  This is how MeUndies sold over 10 million pairs of underwear
- 14:18
  
  14:18 | 4:47 PM ET Wed, 5 June 2019
  
  How the Mega Millions and Powerball lotteries work
- 11:07
  
  11:07 | 2:05 PM ET Wed, 5 June 2019
  
  There is a race between Apple, Google, Microsoft and Amazon for the screen in our cars
- 12:59
  
  12:59 | 5:52 PM ET Tue, 4 June 2019
  
  How virtual assistants have evolved, and why Siri lags behind the others
- 04:33
  
  04:33 | 7:52 AM ET Sat, 1 June 2019
  
  What India and China have done to reduce extreme poverty
- 07:21
  
  07:21 | 4:10 PM ET Fri, 31 May 2019
  
  Why museums now refuse millions from the family behind Purdue Pharma
- 16:02
  
  16:02 | 6:55 AM ET Thu, 30 May 2019
  
  How Best Buy cheated death and took on Amazon
- 03:58
  
  03:58 | 1:50 PM ET Wed, 29 May 2019
  
  How this former Google employee earned 10 million credit card points
- 05:56
  
  05:56 | 7:05 AM ET Sun, 26 May 2019
  
  How Bernie Sanders made his millions
- 01:39
  
  01:39 | 10:59 AM ET Tue, 28 May 2019
  
  The 3 smartest money moves young people can make today
- 04:29
  
  04:29 | 3:59 PM ET Fri, 24 May 2019
  
  How China could use its massive US debt holdings as a trade war weapon
- 06:31
  
  06:31 | 8:28 AM ET Fri, 24 May 2019
  
  How to double your money in the market
- 12:12
  
  12:12 | 10:58 AM ET Thu, 23 May 2019
  
  How Dell transformed from a PC maker to a technology conglomerate
- 09:15
  
  09:15 | 9:01 AM ET Thu, 23 May 2019
  
  How Costco's $1.50 hot dogs and free samples helped rake in billions
- 09:22
  
  09:22 | 5:08 PM ET Fri, 17 May 2019
  
  Here's what 'Medicare-for-All' looks like in France
- 05:25
  
  05:25 | 5:00 PM ET Tue, 30 April 2019
  
  Why do we have the penny?
- 03:09
  
  03:09 | 7:25 AM ET Tue, 21 May 2019
  
  Rising Risks: The quest to build hurricane-proof homes
- 06:49
  
  06:49 | 1:08 PM ET Thu, 18 April 2019
  
  What is Huawei?
- 10:30
  
  10:30 | 8:17 AM ET Sun, 19 May 2019
  
  Why GM gave up on Europe
- 02:46
  
  02:46 | 4:19 PM ET Fri, 17 May 2019
  
  Renowned architect I.M. Pei dies at 102, leaves rich legacy of modern design
- 04:26
  
  04:26 | 11:02 AM ET Fri, 17 May 2019
  
  I tried this $240 A5 Olive Wagyu steak to see if it's worth the money
›
CEO Interviews
‹
- 06:43
  
  06:43 | 20 Hrs Ago
  
  Watch CNBC's full interview with LinkedIn CEO Jeff Weiner
- 09:14
  
  09:14 | 20 Hrs Ago
  
  Watch CNBC's full interview with Adobe CEO Shantanu Narayen
- 09:42
  
  09:42 | 20 Hrs Ago
  
  Watch CNBC's full interview with Quibi CEO Meg Whitman and Quibi founder Jeff Katzenberg
- 11:13
  
  11:13 | 23 Hrs Ago
  
  Target CEO Brian Cornell on the state of retail, technical difficulties
- 08:01
  
  08:01 | 21 Hrs Ago
  
  Watch CNBC's full interview with former Aetna CEO Mark Bertolini
- 09:00
  
  09:00 | 23 Hrs Ago
  
  Yum! Brands co-founder David Novak on the US-China trade war
- 06:35
  
  06:35 | 23 Hrs Ago
  
  KPMG CEO Lynne Doughtie on C-Suite confidence and women in leadership
- 03:41
  
  03:41 | 23 Hrs Ago
  
  Devon Energy CEO David Hager on the oil sector and Devon's future
- 12:17
  
  12:17 | 8:14 AM ET Tue, 18 June 2019
  
  Watch CNBC's full interview with the head of Facebook's digital wallet project
- 09:14
  
  09:14 | 8:48 AM ET Tue, 18 June 2019
  
  Former Snapchat executive launches an Amazon e-commerce competitor
- 06:36
  
  06:36 | 8:43 AM ET Tue, 18 June 2019
  
  Hershey CEO on what's in the pipeline as the company celebrates its 125th anniversary
- 05:35
  
  05:35 | 7:39 AM ET Tue, 18 June 2019
  
  Aston Martin CEO Andy Palmer on the global luxury market
- 03:13
  
  03:13 | 2:18 PM ET Mon, 17 June 2019
  
  Airbus CEO discusses company's newest plane, the A321XLR
- 26:11
  
  26:11 | 10:15 AM ET Mon, 17 June 2019
  
  Watch CNBC's full interview with Facebook Co-Founder Chris Hughes
- 05:17
  
  05:17 | 7:15 AM ET Mon, 17 June 2019
  
  UTX CEO Greg Hayes on the reaction to the proposed Raytheon merger
- 08:38
  
  08:38 | 10:45 AM ET Fri, 14 June 2019
  
  Chewy CEO Sumit Singh on the IPO, competing with Amazon and more
- 05:37
  
  05:37 | 3:46 PM ET Fri, 14 June 2019
  
  The push for pea protein and plant-based meat alternatives
- 04:11
  
  04:11 | 2:15 PM ET Thu, 13 June 2019
  
  Ginkgo Bioworks and Synlogic to collaborate on 'living medicine'
- 05:58
  
  05:58 | 11:13 AM ET Thu, 13 June 2019
  
  Fiverr CEO Micha Kaufman on the company's strong IPO
- 08:15
  
  08:15 | 12:09 PM ET Wed, 12 June 2019
  
  CrowdStrike CEO George Kurtz on the company's IPO
- 04:38
  
  04:38 | 12:21 PM ET Thu, 13 June 2019
  
  LeafLink CEO Ryan Smith on cannabis marketplace
- 08:21
  
  08:21 | 11:08 AM ET Wed, 12 June 2019
  
  Delta Airlines CEO on the new biometrics international terminal
- 10:06
  
  10:06 | 2:19 PM ET Tue, 11 June 2019
  
  Watch CNBC's full interview with Goldman Sachs CEO David Solomon
- 06:40
  
  06:40 | 11:18 AM ET Tue, 11 June 2019
  
  Vox Media CEO Jim Bankoff on big tech, social issues and more
- 01:11
  
  01:11 | 3:27 PM ET Tue, 11 June 2019
  
  Take-Two CEO: Game-streaming business model still needs to be seen
- 15:47
  
  15:47 | 9:58 AM ET Mon, 10 June 2019
  
  Watch CNBC's full interview with the CEOs of United Technologies and Raytheon
- 48:52
  
  48:52 | 10:05 AM ET Fri, 7 June 2019
  
  Watch billionaire hedge fund manager Stanley Druckenmiller's full CNBC appearance
- 06:31
  
  06:31 | 12:10 PM ET Fri, 7 June 2019
  
  Grocery CEO Stew Leonard, Jr. on plant-based meat sales
- 04:22
  
  04:22 | 12:08 PM ET Fri, 7 June 2019
  
  Revolve co-CEOs on the company's IPO and on trade
- 06:43
  
  06:43 | 11:35 AM ET Fri, 7 June 2019
  
  Meritor CEO Jay Craig on tariff impact on the auto industry
›

Oil to face the same headwinds in 2016: Fat Prophets

You May Like

Latest Videos

Top Videos

Mini Docs

CEO Interviews

News Tips

CNBC Newsletters